The Georgia GOAL Scholarship Program Reports 2011 Results to Georgia Department of Revenue
Atlanta – January 12, 2012 – Georgia GOAL Scholarship Program, Inc. (GOAL) submits its 2011 contribution and scholarship award results to the Georgia Department of Revenue (DOR).
2011 Results:
· 5,641 contributions, totaling $12,513,346, were made to GOAL by Georgia taxpayers in exchange for 2011 Georgia income tax credits.
· 5,560 of the contributions, totaling $9,512,819, were received from individual taxpayers.
· 81 of the contributions, totaling $3,000,527, were received from corporate taxpayers.
· GOAL disbursed 2,732 scholarship awards totaling $10,231,968 to students in pre-K-12.
· The average GOAL Scholarship award in 2011 was $3,745, and the adjusted gross income of recipients, adjusted for family size, was $25,908.
Life to Date Results (2008 through 2011):
· 16,836 contributions, totaling $40,367,603, have been made to GOAL by Georgia taxpayers in exchange for Georgia income tax credits.
· 16,637 of the contributions, totaling $29,781,523, were received from individual taxpayers.
· 199 of the contributions, totaling $10,586,080, were received from corporate taxpayers.
· GOAL disbursed 5,352 scholarship awards totaling $22,275,546.
· GOAL has obligated an additional $15,509,394 that is earmarked for fulfilling future scholarship payments and awarding additional scholarships to parents who choose to send their children to qualified private pre-K-12 schools.
· The average GOAL Scholarship award is $4,162, and the adjusted gross income of recipients, adjusted for family size, is $25,285.
GOAL thanks its 115 participating schools for this success! In the words of Beth Aldrich, Assistant Head of St. Andrews School in Savannah: “On behalf of the entire school community, the administrative team thanks you for the work you do to enable us to diversify our student population and enable deserving children to receive an outstanding educational experience.”
