Donations slow for Accountability Act scholarships - WAFF-TV: News, Weather and Sports for Huntsville, AL

Donations slow for Accountability Act scholarships


Donations have been slow in the initial days since the scholarship program of the Alabama Accountability Act has been online.

"We didn't know what to expect" said Curtis Stewart, a Deputy Commissioner within the Alabama Department of Revenue.

Since August 1, the day the scholarship program donation portal went online, $109,000 has been donated to the five scholarship granting organizations.

The Department of Revenue will provide credits for all donations up to $25 million.

Individuals and families could donate up to $7,500, while corporations are essentially unlimited in their possible donations. The limit for corporations is up to 50% of the company's taxable Alabama income.

Stewart with the Department of Revenue said, "No one has come in with a significant amount of money to exhaust the $25 million yet. That may happen that may not happen. We just don't know when people will make donations and how much." 

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