GRACE Scholars is a Georgia nonprofit corporation and tax exempt charity. GRACE has met the requirements for designation as a student scholarship organization (SSO) in Georgia. Because GRACE is an SSO, Georgia taxpayers can redirect part of their tax liability to GRACE and qualify for a generous tax benefit created by the Georgia legislature – a 100 percent tax credit. As GRACE is a tax exempt charity (501-c-3 organization), gifts to GRACE are also qualify charitable contributions under federal law.
GRACE was founded by Archbishop Wilton Gregory of Atlanta and Bishop J. Kevin Boland of Savannah in 2008 to take advantage of the SSO/tax credit legislation. Since then more than 3,000 taxpayers have redirected part of their Georgia income taxes to GRACE which, in turn, has awarded scholarships to students wishing to attend Georgia Catholic Schools. All students receiving GRACE awards have demonstrated financial need. Bishop Boland was succeeded by Bishop Gregory Hartmayer, OFM Conv., whose service includes work as a pastor and Catholic school educator.