Redirect up to $1,700 annually to help kids succeed in school.
A new federal tax credit gives you the freedom to redirect your own federal tax liability — not new money out of pocket — directly into the Prosperity Fund, supporting Florida’s poorest public school children and families who need extra support.
Florida Business Alliance for Early Learning Goal
100% of third graders reading proficiently by 2030
Florida Prosperity Initiative Goal
Cut childhood poverty in half
Part of a bigger mission: today’s learners are tomorrow’s earners. The Florida Chamber Foundation’s Business Alliance for Early Learning has set a goal of 100% of Florida’s third graders reading proficiently by 2030, and the Florida Prosperity Initiative is working to cut childhood poverty in half. Education is the strongest bridge we know of out of poverty — and every dollar redirected into the Prosperity Fund helps build that bridge for a Florida kid.
WHAT THIS BECOMES, TOGETHER
Do the math on what this means for public school kids in your community.
This is a game changer that costs nothing more than the time it takes to check a box.
taxpayers in your county redirect
each, annually
that would equal over $50 million every year into the Prosperity Fund for kids in your county alone.*
*If your county population supports this.
It doesn’t take 30,000 to matter: 600 people giving the full amount already generates $1 million a year. Multiply the 30,000 figure across all 67 Florida counties, and this becomes a billion-dollar-a-year commitment to Florida’s kids — funded not by new taxes, but by Floridians choosing where their own tax dollars go.
YOUR COUNTY
Your money stays in your county.
What this could mean in your county
Pick your county to see how many of your neighbors could redirect up to $1,700 of their federal taxes into the Prosperity Fund — and what that would add up to for public school children right where you live.
If 10% of those individuals in Florida gave…
Source: IRS Statistics of Income county data, tax year 2023. “Likely owe enough” counts returns with income of $50,000 or more that owed federal income tax. These are illustrations, not projections.
WHAT PEOPLE ARE SAYING
Voices behind this Promising Practice
More endorsements are on the way as this program grows.
FOR INDIVIDUAL TAXPAYERS
Redirect your taxes. Keep it local. Help a kid excel.
A new federal tax credit lets you send your own tax dollars — not extra money out of pocket — straight into the Prosperity Fund, supporting Florida’s poorest kids and families with reading help, math tutoring, after-school programs, transportation, and more, instead of to the IRS in Washington, DC.
Extra resources for Florida's poorest kids and families
Every dollar in the Prosperity Fund is focused on the children and families who need help most.
Who's eligible
The Florida Chamber Foundation’s Prosperity Fund is designed only for children who attend a public school in Florida AND are eligible for the free or reduced-price lunch program.
1
Give up to $1,700 annually to the Prosperity Fund
It’s the Florida Chamber Foundation’s curated program for getting your gift directly to Florida’s poorest kids and families.
2
Claim it dollar-for-dollar up to $1,700 of your tax liability
Starting with tax year 2027, the amount deducted for federal taxes remains the same, and up to $1,700 of what used to go to the IRS will now go to help public school children in your community with educational support they desperately need. This is not a deduction or an additional contribution, it’s simply a dollar-for-dollar tax credit that costs you nothing once you file.
3
Diverting your taxes away from the IRS helps kids and community
The Prosperity Fund provides special support scholarships for Florida public school students who qualify for free or reduced-price lunch funding for reading and math tutoring, after-school programs, transportation, technology, and more.
This credit begins with the 2027 tax year. Contributions can’t be claimed against 2026 taxes.
It’s a credit, not a rebate. You give first, then claim the credit when you file. It only offsets tax you actually owe — you’ll need at least $1,700 in federal tax liability to use the full amount, and unused credit carries forward up to five years.
The Florida Chamber Foundation’s Prosperity Fund is professionally administered by Step Up, Step Further, the official Scholarship Granting Organization.
This is general information, not tax advice. As always, please talk to a tax professional about your own situation.
Join the Prosperity Fund Giving List for 2027
The fund helps public school children who need extra support. Tell us a bit about yourself and we’ll follow up personally as giving opens.
FOR EMPLOYERS | CEOS & HR LEADERS
Join with other employers to help kids excel.
A new federal tax credit lets your employees join thousands of others in directing real money into the Prosperity Fund — potentially over $1 billion statewide — to help Florida’s poorest kids and families. It’s a direct way for Florida Chamber members to invest in the education our future workforce, and our country’s competitiveness, depends on.
Real dollars for Florida's kids in need
The Prosperity Fund provides reading and math tutors, after-school programs, transportation, technology, and more for Florida’s poorest kids — public school students who are eligible for free or reduced-price lunch — at a scale one gift alone can’t reach.
An investment in America's competitiveness
A stronger, better-educated workforce starts with the students in our classrooms today. This is a concrete way for your business and your employees to be part of that.
Virtually no cost to your company
The credit belongs to the employee. You're simply making it easier for them to access it through payroll.
Payroll-deducted tax liability redirect
Employees can payroll deduct their tax liability by redirecting up to the $1,700 annual max, based on their tax situation and spread across each paycheck.
1
You turn on the option through payroll
Coordinate with your payroll provider to add the Prosperity Fund as a payroll deduction option, up to $1,700/year. It’s a game-changer that costs nothing more than the time it takes to check a box. Participating will not reduce any charitable giving by employees.
2
Each employee chooses whether or not to give
Once the option is available, it’s entirely up to each employee to opt in and set their own per-paycheck amount, up to the $1,700 annual max.
3
Share it with your team
Use our companion one-page flyer to introduce the benefit to employees — we’ll also provide short copy you can drop into an email or open-enrollment materials.
4
Employees claim the credit at tax time
Starting with tax year 2027, each contributing employee claims a dollar-for-dollar federal tax credit, so their gift costs them nothing once they file — no action needed from your business at filing time.
The credit begins with the 2027 tax year and only benefits employees who owe federal tax — it’s not a payroll tax reduction or a benefit to the company’s own tax position.
This is general information, not tax or legal advice. We’d recommend a quick check with your benefits counsel or payroll provider before rolling this out.
Bring the Prosperity Fund to Your Team for 2027.
The fund helps public school children who need extra support. Tell us about your company and what you need, and we’ll follow up to help your employees redirect their tax credit through a simple payroll deduction program.
Florida Prosperity Initiative · The Florida Chamber Foundation’s Prosperity Fund
Questions? helpkids@flchamber.com
The Florida Chamber Foundation’s Prosperity Fund is professionally administered by Step Up, Step Further, the official Scholarship Granting Organization.