The Today and Tomorrow Educational Foundation (TTEF) is pleased to announce that the Missouri State Treasurer’s Office has approved TTEF as an Educational Assistance Organization (EAO) for the Missouri Empowerment Scholarship Accounts Program: MOScholars.
This means that as of July 1, 2022, TTEF may receive qualified contributions from individuals and businesses to establish MOScholars scholarship accounts for qualified Missouri students.
The best place to obtain current, up to date information on MOScholars is by visiting and bookmarking this page: www.ttef-stl.org/moscholars
The tax credit equals 100% of your donation, but you can only use an amount equal to 50% of your state tax liability for the tax year the credit is claimed. Your contribution must be $500 or more to qualify.
No. Donors will reserve tax credits through the MOScholars online system, then make a contribution to TTEF. TTEF will notify donors when the Missouri Treasurer’s Office online reservation system is available.
Third, select the Today and Tomorrow Educational Foundation from the dropdown menu, and fill out your taxpayer information online.
Fourth, make your contribution to TTEF within 30 days.
TTEF will send you your tax credit receipt and acknowledgment within 30 days of your contribution. You will use this receipt when filing your state taxes, to offset the amount you owe to the Missouri Department of Revenue.
Remember, your tax credit equals 100% of your contribution, and you may use an amount equal to 50% of your state tax liability.