Missouri State Treasurer Scott Fitzpatrick announced that six education aid organizations (EAOs) have been certified for 2022.
A press release states that an EAO is a nonprofit organization that, upon approval by the Missouri State Treasurer’s Office, may receive qualified contributions from individuals and corporations to establish MOScholars scholarship accounts for qualified Missouri students.
The certified EAOs are:
· ACSI fund for children’s school fees;
Agudath Israel of Missouri;
· Bright Futures Fund;
· Herzog Tomorrow Foundation;
· The Missouri District of the Lutheran Church-Missouri Synod; and
· Foundation for the education of today and tomorrow
By law, the Treasurer’s Office can certify up to 10 EAOs per year, with a maximum of six having their principal place of business in one of Greene, Jackson, St. Charles, St. Louis, or St. Louis City counties. .
In 2021, the Missouri General Assembly passed HB349 and SB86 which established the Missouri Empowerment Scholarship Account Program or MOScholars. The law provides state tax credits for contributions to nonprofit EAOs. Under guidelines set forth in the governing statute, eligible Missouri K-12 students may then apply for scholarships from participating EAOs to attend a K-12 institution other than their designated public school.
More information about the program can be found athttps://treasurer.mo.gov/MOScholars/>.