Nevada Revised Statute ("NRS")
363B.119 states that any taxpayer who is required to pay a
tax pursuant to NRS 363A.130 and 363B.110 may receive a
credit against the tax otherwise due for any donation of money made by the
taxpayer to an approved Scholarship Grant Organization (“SGO”) by the Nevada
Department of Education.
Taxpayers interested in donating to an
SGO should contact the Department of Education to obtain a current list of
approved organizations. This list can also be found at the following
Donation requests sent in by an approved
Scholarship Organization must be approved by the Department of Taxation
For Fiscal Year 2019-2020 an additional amount was approved in the amount
of $4,745,000.00 per NRS 363A.139 and NRS 363B.119 (5). The Department has
approved 39 donation requests from SGOs, and the remaining balance is $126,800. The
Department will continue issuing this credit until the entire amount has been
For Fiscal Year 2020-2021 the
maximum amount of total donations per NRS 363A.139 and NRS 363B.119 (4) is
$6,655,000.00. The Department has approved 18 donation requests from approved
SGOs, and the remaining balance is $4,417,148.80.
Year 2020-2021 an additional amount was approved in the amount of $4,745,000.00
per NRS 363A.139 and NRS 363B.119 (5). The Department will begin issuing
this credit after the remainder the FY 2020- 2021 credit and the FY 2020-2021
additional credits have been exhausted.