Rhode Island Tax Credits for Contributions to Scholarship Organizations

Rhode Island statute § 44-62 authorizes a tax credit for business entities that donate to qualified scholarship organizations (SGOs) in the state. The Division of Taxation administers an annual credit pool — FY2026 pool is $1,324,400. Business donors apply via Form CSO-2 (available July 1 each year); if applications exceed the available pool, a public lottery drawing is held in late July. After making a qualifying donation, businesses must submit to the Division an independent Rhode Island CPA certification and a copy of the cancelled check — the credit certificate is not issued without these documents. The program is an active, live annual cycle as of 2026. SGOs must register with the Division annually (December 31 deadline for participation in the following year's program).

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.