Educational Improvement Tax Credit (EITC)
Maximize Your Impact
Minimize Your Taxes
Make a Donation —————> Receive a Tax Credit
The Educational Improvement Tax Credit Program authorizes tax credits for businesses that make contributions to Educational Improvement Organizations. Administered by the PA Department of Community and Economic Development, the EITC allows business to support nonprofit school foundations, reallocating tax dollars to the organization of their choice.
EITC Funds will be utilized to:
to build outdoor learning spaces for students (outdoor classes, outdoor fitness areas, learning gardens, amphitheater and more!)
to award mini grants to teachers for innovative educational experiences
Tax Credit Amounts:
75% tax credit for a one year commitment
90% tax credit for a two year commitment
Businesses can also deduct their contribution on their federal tax return
ex: If your business owes $10,000 in PA taxes and commits to reallocating tax dollars by making a $10,000 donation to the 7 Generations Foundation for two years:
business would receive a $9000 tax credit
