Education Improvement Tax Credits

Businesses have a powerful way of contributing to Heritage while lowering their state tax bill. Pennsylvania’s Educational Improvement Tax Credit program (EITC) allows corporations to direct their state income tax money to qualified local educational institutions. Depending on the amount donated and the time frame, a business can quality for a tax credit of 75%, 90%, or even 100% of its contribution.

The EITC program was recently expanded to allow the participation of thousands more businesses by including personal income tax liability from “flow-through entities” such as an S-corporation, partnership, or LLC (many medical and legal practices now qualify).

Heritage Community Initiatives is eligible for all three EITC designations: K-12 Scholarship, Educational Improvement, and Pre-Kindergarten Scholarship. This allows us to help children from economically distressed communities receive the high quality educational and after-school support they need for future success.

Generous businesses such as Equitable Resources, PNC Bank, UPMC Health Plan, Philadelphia Insurance Companies, Gateway Health Plan and Union Railroad contribute on average $100,000 each year through EITC to support our children’s programming.

To learn more about EITC or to make a donation please contact Heritage’s Development Office at 412.351.0535 or info@heritageserves.org.

Click here to view the EITC website.