What is an Education Improvement Tax Credit (EITC)?
Enacted in 2001, the Educational Improvement Tax Credit provides a tax credit to businesses that pay Pennsylvania’s corporate income tax for contributions to innovative educational programs.
The EITC program enables a Pennsylvania business to direct up to $300,000 of its Pennsylvania state tax dollars for MaST Community Charter School II’s educational program namely to the above areas of acquiring guest speakers to enhance lessons and for the use of iPod/iPad technology based instruction. Funding through the EITC program may not be used for scholarships. Tax credits are given for 75 percent of a one-year gift and 90 percent of gifts given in two consecutive years.
How to apply?
Click this link to begin working on your application.
Education Improvement Tax Credit Application
Who can I ask questions to about the EITC program?
Mr. John Swoyer, CEO, of MaST Community Charter School would be happy to answer any questions regarding the EITC and how you can make it work for you and the school. Please feel free to contact him via email at email@example.com.