Brooklyn Scholarship Fund

Turn up to $1,700 of your federal tax into a Brooklyn scholarship.

Starting January 1, 2027, every dollar you give to an approved scholarship granting organization, up to $1,700 a person, comes off your federal income tax. We turn those gifts into scholarships for Brooklyn students.

Email us about giving Apply for a scholarship

Brooklyn Scholarship Fund is applying for New York’s list of approved scholarship granting organizations.

Example of a 2027 gift for the credit. Write “Section 25F” in the memo so it goes into our scholarship account.

How the credit works

The federal scholarship tax credit is new in 2027. New York announced on October 9, 2026 that it will take part, so gifts to approved New York scholarship organizations can count.

  1. Give from January 1, 2027

    Send us a cash gift and mark it as a Section 25F contribution. A check, card payment or bank transfer all count.

  2. Get your receipt

    By January 31 of the next year, we send you a written receipt with your donor number.

  3. Claim the credit

    Report the gift on IRS Form 8525 when you file your federal return.

The rules in brief

$1,700
The most one person can claim in a year.
$3,400
The most a married couple filing jointly can claim, when each spouse gives $1,700 of their own.
5 years
How long unused credit carries forward if you owe less tax than you gave.
  • Only individuals can claim the credit, and only for cash gifts. Gifts of stock don’t qualify.
  • A gift you claim for the credit can’t also be deducted as a charitable contribution.
  • You can’t choose the student. Our scholarship committee awards every scholarship using written criteria.
  • Talk to your tax preparer about how the credit fits your own return.

Scholarships for Brooklyn families

We give scholarships that help families pay for school, from kindergarten through 12th grade.

Who can apply

Students in kindergarten through 12th grade who live in New York, from households earning up to 300% of the area median gross income.

What it pays for

Tuition, fees, books, supplies, tutoring and other approved K–12 education costs.

When to apply

Applications open in 2027. Email scholarships@brooklynscholarshipfund.org and we’ll send you the application when it’s ready.

About the Fund

Brooklyn Scholarship Fund Inc. is a nonprofit in Borough Park, led by a volunteer board. We raise money for scholarships and award it to families who need help paying for school.

Tax status
501(c)(3) public charity, EIN 47-3258610
Incorporated
New York not-for-profit corporation, March 20, 2015
Scholarship tax credit
Applying for New York’s list of scholarship granting organizations, which the state sends to the IRS by February 15, 2027

Contact us

Brooklyn Scholarship Fund Inc.
1414 47th Street
Brooklyn, NY 11219

General questions
info@brooklynscholarshipfund.org
Giving
donations@brooklynscholarshipfund.org
Scholarships
scholarships@brooklynscholarshipfund.org