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Pa. Educational Improvement Tax Credit Program (EITC)
If you’re a business owner, you can reduce your state tax liability by making contributions to Our Lady's Christian School through the Diocese of Erie Star Foundation. The Pennsylvania Educational Improvement Tax Credit Program enables your business to:
- Receive a tax credit equal to 75 percent of your contribution to the STAR Foundation, up to a maximum of $200,000 per taxable year.
- Increase the tax credit to 90 percent of your contribution if the business agrees to provide the same amount of contribution to an organization for two consecutive years.
- For contributions for pre-kindergarten scholarships, 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.
- EITC Business Guidelines & Application (373.57 KB)
Guidelines on applying for Educational Tax Credits from the Pennsyvania Department of Community and Economic Development - A Step-by-Step Guide for Accountants: Understanding the EITC Program (312.08 KB)
A publication of the Reach Foundation
How it works
- Complete and submit an EITC application with the PA Department of Community and Economic Development (DCED), which will then determine whether your business qualifies for the credit. The application is a very simple, one-page form.
- Confirmation letters are generally sent within 10 business days. Once confirmation is received, the business has 60 days to make a donation to the STAR Foundation.
- Be sure to designate your contribution for Our Lady’s Christian School. Any funds not designated will be distributed throughout the diocese.
- Notify OLC of your contribution.
For more information
Department of Community & Economic Development
or
Department of Revenue Customer Service Department of Revenue Customer Service (Click on “Find Answers”)
At OLC:
Contact Jennie Hagerty, Director of Advancement
Phone: (814) 838-0908
Fax: (814) 838-6860

