PA Educational Improvement Tax Credit Program (EITC) 

The Educational Improvement Tax Credit Program (EITC) has accomplished what many in Pennsylvania have been advocating for years - a way for the business community to be directly involved in education.  The EITC enables companies to support Erie Day School, at minimal cost, instead of sending tax dollars to Harrisburg.  It's that simple.  The business community has overwhelmingly responded to the challenge.

On May 7, 2001, by a bipartisan majority, Pennsylvania made history by becoming the first state to pass an education credit aimed at corporations. House Bill 996, the Educational Improvement Tax Credit (EITC), provides companies with a 75% tax credit for donations to a nonprofit scholarship or educational improvement organization like Erie Day School.  The tax credit increases to 90% if the company commits to making the same donation(s) for two consecutive years.  The EITC program is administered by the Department of Community and Economic Development (DCED) on a first-come, first-served basis.

Businesses in Pennsylvania that pay any of the following taxes qualify to participate in the EITC program:

• Corporate Net Income Tax
• Capital Stock and Franchise Tax
• Bank and Trust Company Shares Tax
• Title Insurance Companies Shares Tax
• Insurance Premiums Tax
• Mutual Thrift Institutions Tax

For more information about supporting Erie Day School through the ETIC program, please contact Julie Kresge, Director of Development at jkresge@eriedayschool.org or (814) 452-4273.

You may also visit the Department of Community and Economic Development website.