You pay state income taxes to support public schools. What if you could specify which communities you support? Now you can!
When you give through the
GO for BEEF Education Tax Credit Fund, you empower education and support students in your community — and get a tax credit too!
Transform your state income tax dollars into funding for Bixby Schools. You’ll help students, families, teachers, and the community, plus get a tax credit, which saves you more than a tax deduction.
(based on tax filing status)
Aaron Reinhardt
BEEF Vice President
"I am excited to bring another avenue for which BEEF's generous benefactors can contribute to Bixby Schools while also receiving a benefit in the form of a tax credit! GO for BEEF is the perfect complement to our existing fundraising efforts as we continue to provide grants to innovative teachers across the district."
Rob Miller
Superintendent, Bixby Public Schools
“This iteration of the GO for Bixby Education Tax Credit Program, sponsored by BEEF demonstrates the strong collaboration between the Bixby Education Endowment Foundation (BEEF) and Bixby Public Schools in service to our students, families, teachers and community. GO for Bixby is a powerful way for us to help you earn tax credits so that you can help us serve our community even better!”
Krystal Crockett
CEO, Bixby Metro Chamber
“The GO program is like Economic Development 101—allowing businesses to bring and keep more dollars in Bixby to be invested in innovative programs for our schools! GO helps to provide new dollars to equip our teachers and students with extra resources to create new pathways for all students to achieve their educational goals and develop skills necessary for success in today’s economy. Having even stronger schools will allow Bixby to continue to attract businesses that will help us to grow and enhance the quality of life in the community.”
Amanda Stephens
President, Bixby Board of Education
“Bixby Public Schools is a rapidly growing public school district. The GO program gives our community a great opportunity to build an even stronger school system. As funding for public schools continues to be an obstacle in Oklahoma, GO provides additional resources to help our students not only develop a strong educational foundation, but to access other innovative programs that will allow them to excel and own their future.”
The Bixby Educational Endowment Foundation (BEEF) has proudly supported Bixby Public Schools since 2001, primarily through teacher grants and classroom funding. Community support of our annual Century Club campaign and Bridge the Gap Gala have allowed us to provide over $3.6 million in funding to BPS to date, but we want to do even more.
We are excited to offer a new opportunity for community members to directly support BPS teachers and classrooms by contributing through the GO for Bixby Education Tax Credit Fund, sponsored by BEEF. GO for Bixby provides significant tax benefits to individuals and companies, namely up to a 75% Oklahoma state income tax credit and potential tax deductions. Essentially, GO for Bixby gives each of us the opportunity to redirect a portion of the Oklahoma state income tax we are already paying, to benefit Bixby Public Schools. This means that you can give more at a lower out-of-pocket cost by contributing through the GO for Bixby Education Tax Credit Fund. It’s a win for you and for Bixby Public Schools.
We are grateful for your support and dedication to our community. Together, we can continue to make Bixby a great place to live, learn and thrive.
Michele Walker
BEEF President
No! GO funding does not disturb or change funding allocated to Bixby Schools under the state funding formula. Think of GO contributions as funding that adds to traditional public school funding.
Yes, you can contribute both personally (as a single person or jointly as a married couple) and through a legal business entity that you control; however, the business contribution route is generally better from a tax perspective and can allow you to maximize your tax savings.
Please Note: To contribute BOTH personally and through your business, you will need to create a GO Contributor Account for your personal contribution using a personal email address and for your business contribution using a unique email address for your business.
Think of a tax credit as a gift card that you can use to pay your taxes. Tax credits directly reduce your tax burden on a dollar-for-dollar basis regardless of your marginal tax rate. On the other hand, the value of a tax deduction depends on several factors specific to each taxpayer, including whether you itemize deductions and your marginal tax rate. A tax deduction only reduces the base of your taxable income and therefore only indirectly reduces your tax burden by saving you cents on the dollar.
Your GO for BEEF contributions go to support the Bixby community by funding innovative educational programs in Bixby schools. Such innovative programs are focused on improving student educational outcomes, enhancing the overall quality of a Bixby school education, achieving the strategic plan of Bixby Public Schools, and assisting Bixby Public Schools in achieving its broader mission for the community.
Yes! Each contributor may select particular Schools, Programs, or Funds to support and designate a portion of their contribution to each per the Fund Designation Policy.
This policy establishes the parameters for such designations so GO for BEEF can achieve its mission in a way that promotes financial sustainability and educational equity. The policy also provides the flexibility necessary to meet the overall program goals of improving educational outcomes and being responsive to community needs and priorities.
$500k
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
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