FAQs | General

General Questions

General Q&As

With the Governors’ adoption of Senate Bill 1080, The Oklahoma Equal Opportunity Scholarship Act will increase the total amount of Oklahoma Tax credits that EIGO’s and SGO’s can give out from 5 Million to 25 Million. The individual, couples and business state tax credit maximum will not increase. Also included in the SB 1080 was a modification to schools that are allowed to receive EIGO funding. Starting in January 2022, all public schools will now be eligible for EIGO funding in Oklahoma. 

Education Improvement Grant Organizations (EIGOs) specifically contribute their funding to rural public schools (lower than 4,500 students/district), ensuring smaller districts have the support they need for innovative programming. Scholarship-Granting Organizations (SGOs) grant scholarships to students accepted to qualifying private schools. Both SGOs and EIGOs are beneficial to the Oklahoma Taxpayer donor.

No, Forming Lives OK EIGO is an Education Improvement Grant Organization and can only award funds to public schools in the state of Oklahoma.

Contributions to Forming Lives OK EIGO are held at First United Bank and Trust in an account designated solely for the purpose to award funds to qualified public schools for innovative educational programs.

The scholarship act requires that each EIGO disperse at least 90% of the money it receives each calendar year as grants for eligible schools during the following academic year, with no more than 10% of contributions available to pay administrative costs.

You can review the specific statue (68 Okla. Stat. §2357.206) here.  The Oklahoma Tax Commission, which is responsible for carrying out the statue, is another good source of information. Visit http://www.ok.gov/tax/.

Download a contribution form and submit to info@okeigo.org for pre-approval. You can also complete the form on our How To Give page. Once approved, you can mail in your donation with the contribution form to P.O. Box 721265, Norman, Oklahoma, 73070.

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Forming Lives OK EIGO is a recognized 501(c)(3) not for profit organization. As such, your contribution also qualifies The Internal Revenue Service as a charitable tax deduction contribution.