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Rhode Island Tax Credits for Contributions to Scholarship Organizations

RI Scholarship Organizations Tax Credit

Provides Rhode Island donors with tax credit support when contributing to qualified scholarship organizations.

Between cyclesRhode Island Division of TaxationUnited States

The Rhode Island Tax Credit for Contributions to Scholarship Organizations, authorized under R.I. Gen. Laws § 44-62 and administered by the Rhode Island Division of Taxation, allows business entities to receive a state tax credit in exchange for qualifying cash donations to approved Rhode Island Scholarship Organizations (SGOs). For Fiscal Year 2026 (July 1, 2025 through June 30, 2026), the total …

Rhode Island tax credits for business entities making qualifying donations to approved scholarship organizations, drawn from a $1,324,400 annual pool allocated by lottery when oversubscribed.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.$299K

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Last verified: 22 Jul 2026Source: tax.ri.gov