215-884-0843

St. Joseph the Protector School

Empowered by Faith ~ Achieving now and tomorrow

 

E.I.T.C. - Tax Credit Program

Be a part of the Educational Improvement Tax Credit Program (EITC)

Administered by:
Commonwealth of Pennsylvania
Department of Community & Economic Development (DCED)
Center for Business Financing
Tax Credit Division


Convert Your Tax Dollars into Educational Dollars for Students at 
St. Joseph the Protector School


* Educational Improvement Tax Credit (EITC) is a tax credit program for Pennsylvania businesses that make a donation to an approved charitable organization which awards tuition scholarships. One of the organizations that administer EITC is Business Leadership Organized for Catholic Schools (BLOCS), www.blocs.org.


* Businesses authorized to do business in Pennsylvania who are subject to one or more of the following taxes qualify to participate in EITC: Bank and Corporate Net Income Tax
Capital Stock Franchise Tax
Trust Company Shares Tax
Title Insurance Companies Shares Tax
Insurance Premiums Tax
Mutual Thrift Institution Tax
Personal Income Tax of S Corporation Shareholders or Partnership Partners

* A business may anticipate the following tax credit:
With a 1 year commitment to the program with a corresponding contribution, a business may obtain a 75% tax credit against state taxes owed.
With a 2 year commitment with corresponding contribution, a business may obtain a 90% tax credit against taxes owed.

On-line applications for a 1st year commitment must be received on July 1, 2015, which is the next application submission date. Donations will result in tuition scholarships awarded for the 2015-2016 school year.

On-line applications for a 2nd year commitment must be received before May 15, 2015. Donations will result in tuition scholarships awarded for the 2015-2016 school year.

* Applicants can access the electronic single application several ways from DCED’s website www.newPA.com. If you have a problem or question at any time during the application process, please contact DCED Customer Service at 1-800-379-7448.

* In addition, Liz Sabato, Development Director is available to assist with the application process. Please contact development@stjpschool.org  or 215.884.0843