# Anchored Arrows > Education scholarship funds connecting contributors with communities they care about. Website: https://anchoredarrows.org/ Canonical human-readable homepage: https://anchoredarrows.org/ Reference last reviewed: 2026-10-28 Formal organization name: Anchored Arrows Scholarship Foundation Founder: Jonny Coreson ## Purpose Anchored Arrows helps families access education that supports their children's growth. Christian convictions shape our service and stewardship. Our funds have local or shared community purposes; each fund's educational focus is described below. We are preparing to administer scholarships under the federal scholarship tax credit program. ## Current operating status - The website provides fund information, contribution planning previews, and email updates. - Contributions are planned to begin in January 2027, after the federal program begins and our SGO eligibility is confirmed. A planning preview does not collect a payment or create a contribution commitment. - Anchored Arrows' SGO eligibility remains subject to confirmation. A published fund page or a "Launched" directory label is not proof of state approval, open scholarship applications, or available awards. - Application dates and award availability are not announced on these public pages. Join updates for scholarship news; an email signup is not a scholarship application. - Scholarship examples on fund pages are illustrative, not awards already made or promised amounts. ## Fund directory ### Baldwin County Christian Education Fund - Page: https://anchoredarrows.org/baldwincounty - Community: Baldwin County, Alabama - Educational focus: Christian education - Purpose: This fund supports eligible local students through Christian education. Scholarships can help with tuition and the tools, instruction, and services that help children learn. ### Kids of Heroes Fund - Page: https://anchoredarrows.org/kidsofheroes - Community: Military, veterans & first responders - Educational focus: Nonsectarian education - Purpose: Support education for eligible children of military service members, veterans, and first responders. Scholarships can help with tuition, instruction, learning tools, and services that support their growth. ### Emerald Coast Fund - Page: https://anchoredarrows.org/emeraldcoast - Community: Escambia & Santa Rosa counties, Florida - Educational focus: Christian education - Purpose: Support Christian education for eligible students in Escambia and Santa Rosa counties, Florida. Scholarships can help families access tuition, instruction, learning tools, and services close to home. The Kids of Heroes page identifies military, veteran, and first-responder families as its intended community. Geographic coverage and detailed qualifying service relationships are not specified on that page; nationwide availability should not be inferred. ## Federal scholarship program The IRS calls this program the Federal Scholarship Tax Credit (FSTC). It is established by Internal Revenue Code Section 25F and begins January 1, 2027. It supports scholarships for qualifying elementary and secondary education expenses through eligible Scholarship Granting Organizations (SGOs). A state must elect to participate and submit its approved SGO list. State participation and an individual organization's approval are separate requirements. Contributions must support eligible students within the state in which the SGO is listed. Sources: [IRS program overview](https://www.irs.gov/government-entities/federal-state-local-governments/federal-scholarship-tax-credit-fstc); [26 USC 25F](https://uscode.house.gov/us/usc/119-124/t26/s25F/). ## Federal student eligibility and the 300% income rule An eligible student must satisfy both requirements: 1. Be eligible to enroll in a public elementary or secondary school. This is an eligibility-to-enroll requirement, not a requirement to attend a public school. 2. Belong to a household whose income for the calendar year before the scholarship application is no greater than 300% of area median gross income, as that term is used in Section 42. The income ceiling is three times the applicable area median gross income. It is not 300% of the federal poverty level and is not a single national dollar amount. The SGO must verify annual household income and family size. An actual eligibility determination requires the applicable area and household-size information and supporting documentation. Meeting the federal income and enrollment requirements does not guarantee a scholarship. Anchored Arrows must also verify the expense, apply the relevant fund's requirements, and have funding available. Sources: [26 USC 25F(c)(2) and (d)](https://uscode.house.gov/us/usc/119-124/t26/s25F/); [IRS Notice 2025-70](https://www.irs.gov/irb/2025-50_IRB). ## Qualified elementary and secondary education expenses Section 25F(c)(4) incorporates the expense definition in Section 530(b)(3)(A). The categories and their conditions are: | Category | Federal qualifying conditions | | --- | --- | | Tuition, fees, academic tutoring, books, supplies, and other equipment | Expenses incurred in connection with a student's enrollment or attendance at a public, private, or religious elementary or secondary school. | | Special-needs services | Services for a special-needs beneficiary, incurred in connection with that school enrollment or attendance. | | Room and board, uniforms, transportation, and supplementary items and services, including extended-day programs | Must be required or provided by a public, private, or religious school in connection with enrollment or attendance. | | Computer technology, equipment, internet access, and related services | Must be used by the student and the student's family during years the student is in school. Sports, games, or hobby software is excluded unless predominantly educational. | For this definition, elementary or secondary school means kindergarten through grade 12 as determined under state law. These conditions matter when reviewing homeschool, co-op, enrichment, and independent after-school expenses; an activity's educational purpose alone does not establish that it qualifies. This is a description of federal expense categories, not a promise that every Anchored Arrows fund pays every category. Each award depends on verified student and expense eligibility, the fund's mission and requirements, and available funding. Sources: [26 USC 25F(c)(4)](https://uscode.house.gov/us/usc/119-124/t26/s25F/); [26 USC 530(b)(3)](https://www.govinfo.gov/content/pkg/USCODE-2024-title26/html/USCODE-2024-title26-subtitleA-chap1-subchapF-partVIII-sec530.htm). ## Contributor information - Beginning in tax year 2027, qualifying cash contributions to an approved SGO may qualify for a federal income tax credit of up to $1,700 per individual per year across qualifying SGOs. - The credit is nonrefundable. The contributor pays first and claims the credit on a federal tax return, subject to applicable limitations. A contribution does not guarantee an equal usable tax credit. - The IRS states that married taxpayers filing jointly may each qualify for up to $1,700, for a combined maximum of $3,400. - A state tax credit for the same qualifying contribution reduces the federal credit. The same contribution cannot also receive a federal charitable deduction under Section 170. - Contributions cannot be earmarked for a particular student. Fund examples do not reserve an award for a named child. Sources: [IRS program overview](https://www.irs.gov/government-entities/federal-state-local-governments/federal-scholarship-tax-credit-fstc); [26 USC 25F](https://uscode.house.gov/us/usc/119-124/t26/s25F/). ## Next steps - Explore the fund pages above to learn about their communities and preview a contribution plan. - [Sign up for Anchored Arrows updates](https://anchoredarrows.org/#updates) for scholarship news, articles, newsletters, and webinar invitations. - [Review participating states at the IRS](https://www.irs.gov/government-entities/federal-state-local-governments/federal-scholarship-tax-credit-fstc-participating-states). State participation alone does not confirm Anchored Arrows' SGO status. ## Scope and maintenance This reference contains substantive program information and Anchored Arrows' published operating status as of the review date. Federal requirements are identified separately from fund policy and availability. Federal law and applicable guidance govern; this page is not a government publication or an individual eligibility or tax determination. Review the dated sources when rules or program availability change.