Educational Improvement Tax Credit Program (EITC)

The Educational Improvement Tax Credit program (EITC) allows a business to significantly reduce its state tax liability by donating to a nonprofit educational improvement organization. As such an organization, the Elizabethtown Area Education Foundation would love to have your tax dollars assigned to us for the benefit of the Elizabethtown Area School District in the form of innovative student learning opportunities.  

To this end, C-Corporations, S-Corporations, Partnerships, and LLCs can apply for tax credits against the tax liability of a business by making a donation to an eligible charity. Tax credits can equal either 75% of the donation for a one-year gift or can increase to 90% of the charitable donation if you give the same amount for two consecutive years. In essence, you can pay a charity instead of the state. Sounds too good to be true but it is. As such, the Foundation would love to have your tax dollars assigned to us for the benefit of the Elizabethtown Area School District. More information on the EITC program including how to apply can be found at NEW PA - EITC Program. Deadline to apply is July 1.