In 2012, the IRS Exempt Organizations Office created a video describing their perspective on state tax credit programs, recommendations, and restrictions governing the program.
Arizona Tuition Organization (AZTO) is in compliance with state and federal regulations regarding School Tuition Organizations. Please see the below link to view the video. It is just under four minutes.
AZTO does not provide individuals with tax or legal advise. Individuals should consult their tax adviser for specific guidance relative to their particular tax situation.