AAA Scholarships

What AAA Scholarships does

AAA Scholarship Foundation, Inc. (doing business as AAA Scholarships) is a 501(c)(3) nonprofit charitable organization founded in 2002 and headquartered in Tampa, Florida. It operates as a multi-state Scholarship Funding Organization (SFO), administering tax credit scholarship programs in Arizona, Florida, Georgia, and Nevada that provide K-12 private, religious, or home school tuition assistance to economically disadvantaged families. The organization is one of only two entities currently authorized to administer Florida's educational choice scholarships, and it has expanded its reach nationally through participation in the Federal Tax Credit Scholarship Program created under the Educational Choice for Children Act (ECCA), which offers donors a $1,700 federal tax credit.

The organization's core technology is its Scholarship Management Platform (SMP), a web-based portal through which parents submit applications, complete School Commitment Forms, verify enrollment, and approve payments. Schools use the same platform to confirm enrollment and submit verification reports. The platform is partially conformant with WCAG 2.1 Level AA accessibility standards. AAA operates two wholly-owned regional subsidiaries, AAA Scholarship Foundation – FL, LLC and AAA Scholarship Foundation – NV, LLC, to localize operations and compliance in its two largest markets.

AAA's business model is donation-driven rather than fee-driven: corporate donors redirect a portion of their state tax liability to the foundation in exchange for dollar-for-dollar state tax credits (AZ, FL, GA) or under the new federal ECCA program, while individual donors contribute to an Annual Fund. More than 80% of scholarship recipients come from households at or below 200% of the federal poverty level. The organization has earned Charity Navigator's highest Four-Star rating and Candid's Platinum Seal of Transparency, and its recent strategic focus has centered on legislative advocacy (e.g., Georgia HB 517 in 2022 expanding the state cap to $120 million) and regulatory defense (a 2026 legal challenge against the Florida Department of Education that was resolved in AAA's favor).

Name

AAA Scholarships

Legal name

AAA Scholarship Foundation, Inc.

Website

https://aaascholarships.org

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

AAA Scholarship Foundation is a 501(c)(3) nonprofit Scholarship Funding Organization administering K-12 tax credit scholarship programs in Arizona, Florida, Georgia, and Nevada, serving low-income families seeking private school education funded by corporate tax credit donations.

Ownership category

akta.pro rank

Product category

Education Choice Scholarships

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Grantmaking and Giving Services (8132), Educational Support Services (611710), Educational Services (611)

SIC

Services-Educational Services (8200)

akta.pro primary industry

College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

akta.pro secondary industries

Education Grantmaking Foundations (BPAGAKAK), Foundation/NGO & Philanthropic Scholarships (EDAIAOAH), Scholarships, Grants & Education Benefits Administration (Financing-adjacent) (FSAKAEAM)

Keywords

• K-12 scholarship administration
• Tax credit scholarships
• Education choice programs
• Scholarship funding organization
• Private school tuition assistance

Headquarters

HQ city

Tampa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tax Credit Scholarship Donations: Companies redirect a portion of their state tax liability to AAA Scholarship Foundation in exchange for dollar-for-dollar tax credits in Arizona, Florida, and Georgia. This is the primary funding mechanism for scholarships. The organization is one of only two Scholarship Funding Organizations currently authorized to administer Florida's educational choice scholarships.
2. Charitable Contributions: General donations to AAA's Annual Fund allow individuals and organizations to support educational choice programs. AAA is a 501(c)(3) nonprofit organization, and contributions may be tax-deductible.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

AAA Scholarship Foundation is a 501(c)(3) nonprofit Scholarship Funding Organization that administers state tax-credit-funded K-12 education choice scholarships in Arizona, Florida, Georgia, and Nevada, covering tuition and fees at private, religious, or home schools for low-income, displaced, and disabled students. The organization connects corporate donors seeking state tax credits with eligible families through its online Scholarship Management Platform, and also operates a Federal Tax Credit Scholarship Program under the Educational Choice for Children Act.

Product overview

AAA Scholarship Foundation operates as a multi-state Scholarship Funding Organization (SFO) administering Tax Credit Scholarship Programs across Arizona, Florida, Georgia, and Nevada. The core offering consists of income-based K-12 scholarships funded by corporate tax credit donations that help families cover tuition at private, religious, or home schools. These include Arizona's Disabled-Displaced Scholarship (Lexie's Law), Florida's Personal Learning Scholarship Accounts (PLSA), Nevada's Educational Choice Scholarship Program, and Georgia's K-12 Education Tax Credit Scholarship (expanded to $120 million). The Federal Tax Credit Scholarship Program, created under the Educational Choice for Children Act (ECCA), extends these benefits nationally. All programs are managed through the Scholarship Management Platform (SMP), an online system where parents submit applications, complete School Commitment Forms, and process Verification Reports and payment approvals. Supplementary offerings include an Annual Fund for general charitable contributions and video tutorials for parents.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Credit Scholarship Programs State-specific K-12 scholarship programs in Arizona, Florida, Georgia, and Nevada funded by corporate tax credit donations, covering tuition and fees at private, religious, or home schools for income-eligible families.
• Scholarship Management Platform (SMP) Online platform used by parents, students, and schools to submit applications, complete School Commitment Forms (SCF), process Verification Reports (VR), and approve scholarship payments.
• Federal Tax Credit Scholarship Program National scholarship program created under the Educational Choice for Children Act (ECCA), allowing taxpayers to receive a $1,700 federal tax credit for donations to Scholarship Granting Organizations (SGOs).
• Arizona Disabled-Displaced Scholarship (Lexie's Law) Arizona scholarship program for students with disabilities and children in foster care, providing access to private schools with specialized resources.
• Personal Learning Scholarship Accounts (PLSA) Florida program for students with disabilities that functions like a savings account, allowing families to purchase approved education products and services.
• Nevada Educational Choice Scholarship Program (NECSP) Nevada scholarship program funded by tax credits, providing scholarships for K-12 students from economically struggling families to attend private schools.
• Georgia K-12 Education Tax Credit Scholarship Georgia scholarship program expanded to $120 million, enabling donors to receive tax credits while funding scholarships for students in need.
• Charitable Contributions / Annual Fund General charitable donation option allowing individuals to support AAA's operations through tax-deductible contributions separate from the tax credit programs.

Quantifiable outcome

• Florida's scholarship program generated 120 additional days of learning in reading over a 15-year period
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Florida Department of EducationcoreStrategic or Co-development PartnerAAA Scholarship Foundation is one of only two Scholarship Funding Organizations currently authorized to administer Florida's educational choice scholarships. The organization works with the Florida Department of Education on program administration and has engaged in formal legal proceedings regarding proposed rule amendments to Rule 6A-6.0960 F.A.C. that would affect scholarship fund transfers.
• American Federation for ChildrencoreStrategic or Co-development PartnerAAA Scholarship Foundation works alongside the American Federation for Children, featuring research by Patrick Graff, Ph.D., Senior Fellow, whose 15-year study on Florida's scholarship program validates the effectiveness of educational choice programs.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AAAScholarships
• Facebookfacebook.com/AAAScholarships
• LinkedInlinkedin.com/company/aaa-scholarship-foundation

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AAA Scholarships