About the Educational Improvement Tax Credit Program (EITC)
The Community Foundation of Greene County is designated as an Educational Improvement Tax Credit (EITC) Organization.
The EITC program is a project of the Pennsylvania Department of Community and Economic Development which accepts contributions from area businesses and corporations to support innovative educational programs in public schools, as well as scholarships for children attending accredited K through 12 private schools and children attending qualified and approved Pre-Kindergarten programs.
Businesses receive Pennsylvania tax credits for their contributions – 90% tax credit if the business makes a two-year gift, or a 75% tax credit for a single year gift for the Public School Improvement or K-12 Scholarship Organizations. For contributions to Pre-Kindergarten Scholarship Organizations a business may receive a tax credit equal to 100% of the first $10,000 contributed and up to 90% of the remaining amount contributed up to a maximum credit of $100,000 annually.
The Foundation encourages businesses to participate in the program by making either unrestricted contribution to support any of the pre-approved programs, or restricted contributions that support specific approved programs and scholarships.
Restricted donations are distributed according to the business’s preference, and the unrestricted donations are pooled.
The EITC K-12 and Pre-K scholarships are distributed to income eligible Greene County students attending approved private schools and Pre-K programs.
For more information about the EITC K-12 and Pre-K Scholarship programs click here for the EITC K-12 and here for the Pre-K Scholarship.
2006/2007 EITC Donors
The Community Foundation of Greene County is grateful to the following corporations and businesses which provided support for the 2006/2007 ETIC program. Thanks to their generosity, CFGC was able to award over $200,000 in scholarships and school improvement grants during the 2006/2007 school year.
Consol Energy, Inc.
Equitable Resources
ET Blue Grass Company
Equitable Gathering
Highmark Blue Cross/Blue Shield
Enterprise Rent-a-Car
First National Bank of Pennsylvania
National City Bank
PNC Financial Services Group
Slovak Savings Bank
Corporations interested in participating in the EITC program can contact the Foundation office at 724-627-2010 before April 1st of each year for further details.
For more information about the EITC program, check out the Pennsylvania Department of Community Affairs website or click here to download the EITC Information Sheet.
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