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Ministry > McMahon Parater Scholarship Foundation

His Excellency, the Most Reverend Barry C. Knestout, greets children at Our Lady of Lourdes School on December 12, 2017

In the Diocese of Richmond,  four years into Virginia’s historic Education Improvement Scholarships Tax Credits program (EISTC), donors provided over $11,000,000 in new scholarships for qualified students to attend Catholic K-12 schools, and received most of their money back in federal and Virginia tax savings. 966 students received scholarships to attend one of the 29 accredited Catholic schools in the Diocese of Richmond, which extends from Bristol to the Eastern Shore of Virginia, for the 2016-17 school year.

GIVE a Student the Gift of Catholic Education and GAIN a tax credit!

To qualify, families of eligible students need to meet the income requirements below:

2017 Federal Poverty Guidelines

Virginia budgets $25 million each year for this program, which continues until 2028.

This program has helped many needy families realize the dream of having their children attend Catholic school in our diocese.  May the seeds planted today in their hearts and minds help to bring faith, hope and wisdom to our future world.

One child’s story…

“Miles is a bright child, who has a learning difference. It requires a little extra help from educators… We’ve tried several different approaches and classroom environments, and have finally found success at All Saints Catholic School.”

Now, thanks to the McMahon Parater Scholarship Foundation’s Education Improvement Tax Credit Scholarships, Miles’ family can afford for him to attend a Catholic

EISTC Scholarships of up to $6,000 per year to attend Catholic schools can often help change the trajectory of the lives of young people. To date, over 1500 students in Virginia now have access to an educational environment at a Catholic school better suited to their needs through the support of EISTC

The McMahon Parater Scholarship Foundation was established in 2008 to support and enhance the future of Catholic schools throughout the Diocese of Richmond primarily by providing tuition assistance, enhancing academic programs and resources, and increasing professional development opportunities for teachers.

The Foundation is an IRS-designated 501(c)3 organization that has a professional staff and is governed by a Board of Directors. It actively promotes Catholic schools throughout the Diocese of Richmond,  seeks ongoing philanthropic support; manages gifts, grants, endowments and donations; and distributes funds with the approval of the Bishop of Richmond.

Throughout the Diocese of Richmond there are 29 Catholic schools with almost 10,000 students. Of the 29 schools, 25 offer elementary/middle school grades, eight have secondary programs and five are independent schools, all within the Richmond, Tidewater and Southwest regions of Virginia.

Charlottesville Catholic School
Christ the King Catholic School
Our Lady of Lourdes Catholic School
Our Lady of Mount Carmel School
Sacred Heart Catholic School
St. Bridget Catholic School
St. Edward-Epiphany Catholic School
Saint Gertrude High School
Saint Gregory the Great Catholic School
Saint Mary’s Catholic School
St. Matthew’s Catholic School
Saint Patrick Catholic School
Star of the Sea Catholic School
Walsingham Academy


*The Catholic Diocese of Richmond has partnered with Faith Direct to securely process your generous online donations. To make your donation now, please click on Donate Now on our menu”.