04/30/2015
GO PENNSYLVANIA!
10 years ago our state pioneered a bipartisan and highly innovative tax credit program to entice businesses to be directly involved with education.
And here’s the best part. It can cost nothing for a business to have a profound impact.
PA's Educational Improvement Tax Credit program gives businesses much more than the standard charitable deduction – though this is also a benefit to the program. In exchange for funding scholarships for students, businesses receive a 75% tax credit for a one-year commitment and a 90% tax credit for a two-year commitment! This means that your business can donate a dollar to The Silver Academy or The Jewish Federation’s Brenner Family ELC for as little as ten cents. And if you deduct the donation as a charitable gift on your federal tax return, it’s even fewer cents on the dollar. Beyond this, your business wins visible recognition and appreciation from our community.
Choosing an independent school education is a major financial decision for families. Thanks to the 30,000 Pennsylvania businesses who have stepped up to support students through PA's Educational Improcement Tax Credit (EITC) program, low- and middle-income families are getting a need-based tuition assistance boost as they seek to ensure the best education for their children.
Please join the ranks of our current generous EITC donors listed below by visiting www.newpa.org and searching “EITC”. Here you can find out if you are eligible to participate.
Please note that applications must be submitted to the Dep. Of Community and Economic Development (DCED) online on or after July 1st. If you are renewing your application, May 15th is the day the DCED begins accepting online submissions. Designate the Jewish Federation of Greater Harrisburg – SO (Scholarship Organization) as the recipient of your contribution.
Thanks to the following EITC business donors for their profound impact on the lives of our children:
Aaron Rubin & Sons Co.
Abel Personnel
Artay, Inc.
Capital Advantage Insurance Company
D&H Distributing
Daisy Data
First National Bank
Fulton Bank
Hershey Entertainment & Resorts Co.
Metro Bank
M&T Bank
Norman Gras Kosher Food Consultant
Philadelphia Insurance Companies
PNC Alliance, LLC
PNC Bank, N.A.
PNC Financial Services Group, Inc.
Rubin Industrial Co., Inc.
Soccer Pals (Soccer Shots)
UHS of Pennsylvania, Inc.
UPMC Health Plan
W&L Sales Company, Inc.
Weis Markets
York Haven Fabricators
