Based in Tucson, AZ, Jake Kagele attended Salpointe Catholic High School before going on to become the managing director at NOVA Financial Services. Now looking for ways to give back, Jake Kagele has secured over $100,000 in corporate tax credits for Salpointe Catholic High School using the Arizona Corporate Tuition Tax Credit.
The Arizona Corporate Tuition Tax Credit is available to S and C corporations that owe taxes in Arizona, and gives corporations dollar-for-dollar tax credit on every dollar they transfer to a Student Tuition Organization. Funds designated to Salpointe are made available to underprivileged students who have need-based financial aid requests that the school cannot meet on its own. Over 600 underprivileged Salpointe students can receive general tax credits, and 300 students are qualified to receive corporate tax credits. The funds are used to pay tuition in order to assure that these students get a quality education that can lead to better opportunities in the future, such as admission to college and college scholarships.
