FOSTERING FUTURES
Through our Fostering Futures program, the Cobb Schools Foundation has the opportunity to celebrate foster youth who are working to defy the odds. In Georgia, fewer than 60% of foster youth earn a high school diploma — yet these students have persevered through instability, loss, and frequent school changes to cross that stage. Support through the Peach Education Tax Credit Program, and be a gamechanger for these students.
CHOOSE WHERE YOUR TAX
DOLLARS GO
The PEACH Education Tax credit allows individuals and corporations to donate to support innovative programs that foster
educational excellence for students across the state. Donors receive a dollar-for-dollar tax credit on their state income tax tax.
How It Works
Your state tax dollars can stay local to directly benefit the Cobb County School District's
Fostering Futures program with no additional cost to you.
APPLY
Apply for pre-approval for the PEACH Education Tax credit. GFPE will send you a confirmation to proceed.
DONATE
Submit your donation on the gfpe.org website. Choose "Cobb County School District" to designate your donation.
CLAIM
Claim the tax credit on your Georgia income tax return for dollar-to-dollar credit on what you owe for state income taxes.
Tax credit eligibility limits are based on filing status:
List of Services
-
Single Individual or Head of Household:List Item 1
Up to $1,000 GA income tax credit
-
Married Couple Filing Separately:List Item 2
Up to $1,250 GA income tax credit.
-
Married Couple Filing Jointly:List Item 3
Up to $2,500 GA income tax credit.
-
S-Corporation shareholder, LLC member or partnership:List Item 4
Up to $10,000 GA income tax credit.
-
C-Corporation or trust:
Up to 75% of annual GA income tax
liability.
