No Charity Limit for Jewish Education

There is no limit to how much “charity” you may give to Torah institutions. 
Note You may give more than 20% after taxes for Jewish education because it is considered an investment that benefits the donor--the donor shares in the reward that the student gets for studying Torah--rather than charity.
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I just read this halacha, No Charity Limit for Jewish Education, at www.practicalhalacha.com. I think you will find it very interesting.