The schools are Kagman San Vicente and San Antonio.
In an interview, Deets said businesses make ETC donations to help provide funding to schools.
However, the donation is only limited to $5,000 quarterly.
“We always try to distribute the money evenly to the schools and we try to help all the schools,” Deets said.
Kagman Elementary School received a $1,500 donation and San Antonio received a similar amount.
“We really appreciate the donation. We are very happy that there are businesses out there that want to help the students achieve educational success,” San Vicente school principal Joaquina Salas said.
San Antonio received $2,000.
Its kindergarten teacher Rita Carreon and some parents of San Antonio students received the donation from Deets.
“We are so happy for this donation. Now we are able to get some supplies that our children need,” Carreon told Variety.
Under CNMI law, the educational tax credit aims to provide an incentive to private individuals and business entities to make contributions to qualified educational institutions.
The law designated “the Public School System, Northern Marianas College, educational institutions which have been issued Letters of Determination granting tax exempt status under Section 501(c)(3) of the Internal Revenue Code, the Commonwealth Museum of History and Culture, and the Northern Mariana Islands Council for the Humanities as ‘qualified educational institutions.”
The Joeten-Kiyu Public Library is another institution that can benefit from ETC donations.
In return, the donors get to deduct the amount they donated from what they have to pay in taxes.
