STO Requirements

Arizona Tuition Organization, Inc. (AZTO) meets all of the state’s requirements concerning School Tuition Organizations.

1. AZTO is a non-profit 501(c)(3) corporation under the Internal Revenue Code.

2. Arizona requires that all tuition organization allocate at least 90% of its annual revenue to scholarships & grants. AZTO has historically allocated at least 93% of its annual revenue for tuition grants & scholarships.

3. AZTO makes its scholarships & grants available to students from more than one qualified school. AZTO partners with various schools to award grants & scholarships to K-12 Arizona students (see School List for the participating schools).

4. AZTO annually reports to the Arizona Department of Revenue with statute required information.

5.  AZTO is audited annually by an independent accounting firm.

Beginning in 2011, the Arizona Department of Revenue will certify all school tuition organizations that are in compliance with the Private School Tuition Tax Credit Requirements.  AZTO is certified by the Arizona Department of Revenue (see AZDOR’s list of certified School Tuition Organizations).