Educational Improvement Tax Credit Program (EITC)

We gratefully acknowledge the following businesses for their generous support during the 2013-2014 academic year:

BRIDGES & Co., Inc.
Metz Culinary Management
Philadelphia Insurance Companies
PNC Bank, N.A.
Precision Endodontics
Simpson & McCrady LLC
UPMC Diversified Services/UPMC Health Plan
Waste Management

The Educational Improvement Tax Credit (EITC) provides companies with a 75% tax credit for donations to a nonprofit scholarship or educational improvement organization. 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 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

Learn more about EITC.