by Owen Canfield, director of the Catholic Schools Opportunity Fund
Hundreds of students in the Archdiocese of Oklahoma City will receive tuition assistance next school year thanks to the generosity of donors to the Catholic Schools Opportunity Fund in 2025.
Individuals and businesses gave $1.84 million to CSOF in 2025. Their two-year pledges to the program will entitle these donors to a 75% Oklahoma state income tax credit on their gifts.
Donors included 380 individuals or couples. The maximum tax credit available for couples is $2,000 per year; for single filers, it is $1,000 per year.
Of those 380 donors, 42 made Qualified Charitable Distributions from their Individual Retirement Accounts. This option is becoming more popular for donors who own traditional IRAs and must make a required minimum distribution each year.
In addition, 28 qualified businesses gave to the Catholic Schools Opportunity Fund in 2025. The program is especially beneficial for business owners because the maximum tax credit available is $100,000 annually. If the business operates as a pass-through, the tax credit on the gift can pass through to the owner’s personal tax liability.
Whatever their level of giving, donors to CSOF are all doing the same thing. They are redirecting their tax dollars – taxes they must pay anyway – to help students in the archdiocese receive a Catholic school education.
Simply put, the Catholic Schools Opportunity Fund is a winner for students, their families and donors.
It isn’t too early to begin a two-year pledge. You can pledge now, then make the first-year donation any time before the end of 2026. Gifts can be made by check, credit card or bank draft, and can be paid in monthly installments if requested. Gifts of appreciated stock are welcome, also.
To make a pledge or learn more, contact me at (405) 709-2700 or [email protected], or visit the website at csofok.org.
Owen Canfield is director of the Catholic Schools Opportunity Fund.