企业, 公司, and individuals can support 日耳曼敦朋友学校 through tax credit programs.
mg冰球突破试玩 is an approved scholarship organization, participating in the Pennsylvania Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs. 企业 and individuals may support financial aid at mg冰球突破试玩 through one of these programs and receive a tax credit from the State of Pennsylvania of up to 90% of their gift.
Pennsylvania Educational Improvement Tax Credit 程序 (EITC)
The Commonwealth of Pennsylvania offers a unique opportunity for businesses in the state to reduce tax liability by contributing to registered scholarship organizations. Gifts to scholarships at 日耳曼敦朋友学校 can generate a tax credit of up to 90%.
Pennsylvania Opportunity Scholarship Tax Credit 程序 (OSTC)
像EITC, the OSTC program provides tax credits to eligible businesses contributing to an Opportunity Scholarship Organization. Business contributions are then used to provide tuition assistance in the form of scholarships at 日耳曼敦朋友学校 to eligible students residing within the boundaries of a 成绩差的学校.
How Can Individual PA Taxpayers Participate?
Individuals may join a Special Purpose Entity (SPE) which operates as a pass-through mechanism for their personal tax liability.
作为SPE的成员, individuals may receive a tax credit for up to a 90% of their contribution amount. It may also be possible to claim a federal charitable deduction on the remaining 10%.
企业 may apply directly to the Pennsylvania Department of 社区 and Economic Development. Application information and deadlines can be found 在这里.
企业 may also join a Special Purpose Entity (SPE) that allows tax liabilities to flow through it.
mg冰球突破试玩 is a founding member school of 《mg冰球突破试玩》 (TFC), which was formed in the summer of 2016, by a group of individuals who were passionate about increasing access to Quaker education.
TFC formed several special purpose entities with the goal of raising scholarship dollars through the PA EITC and OSTC programs. 企业 and individuals contributing to one of TFC’s special purpose entities will receive a tax credit of up to 90% of the donation.