About Anabaptist Scholarship Foundation of Virginia
Anabaptist Scholarship Foundation of Virginia (ASFVA), a 501(c)(3) organization, was formed in 2014 to accommodate donations made through the Virginia Education Improvement Scholarships Tax Credits (EISTC) program. ASFVA guides donors and schools in meeting the requirements of the law.
ASFVA serves private schools all across Virginia, accepting donations and providing them as scholarships to children entering private schools. Its goal is to channel financial assistance to families that choose to educate their children in private schools that have Christ as the central theme and focus in their curriculum and services.
Since ASFVA has been approved by the Commonwealth of Virginia, ASFVA may accept donations and provide these donor-directed funds to schools and students as scholarships.
The ASFVA Board
ASFVA is governed by a Board of Directors: Todd Glenn (chairman), Vernon Graber (treasurer), Walter Landis (secretary), Simeon Hege, Jerrel Miller, Raleigh Rhodes, Norwood Shank, Kenneth Troyer, and Mark Webb.
The Virginia Education Improvement Scholarships Tax Credits Program gives state tax credits to persons or businesses donating to scholarship foundations that provide scholarships to students attending private schools.
The tax credit is equal to 65 percent of the donation, and may be claimed against the individual income tax or corporate income tax. For a donation to qualify, a donor must submit an application to the state and be approved for a specific amount of tax credit.