Enhancing the Quality of Education

Educational Improvement Tax Credit Program (EITC)

The MCIUEF has a great proposition for area businesses: Support the foundation, help provide funding for innovative programs for Montgomery County students — and receive tax credit on their state taxes.

The Educational Improvement Tax Credit (EITC) Program enables Pennsylvanian businesses to directly invest in the education of our youth through by supporting innovative educational practices. Enacted by the Pennsylvania Legislature in 2001, EITC provides companies with a 75% tax credit for donations to a non-profit educational improvement organization. The tax credit increases to 90% if the company commits to making the same donations for two consecutive years. A business paying taxes in Pennsylvania can receive up to $750,000 in tax credits annually.Administered by the PA Department of Community and Economic Development (DCED), the EITC program supports Educational Improvement Organizations (EIO) that fund innovative projects in public schools. The MCIUEF is an eligible Educational Improvement Organization.

More information for businesses seeking participation in the EITC Program can be found on the PA Department of Community and Economic Development website.

Questions on the programs or the PA Educational Improvement Tax Credit program (EITC) may also be directed to:

Valentina G. Viletto, Esq.
Director of Legislative Services and Grant Development
Email: tviletto@mciu.org
Phone: 610-755-9304
Fax No: 610-539-5973
Donna Kelly, Secretary, dkelly@mciu.org

EITC Supports Scholastic Competitions

Business support through Educational Improvement Tax Credit (EITC) donations helped the MCIUEF support two popular student scholastic competitions. The MCIUEF received $10,000 in the 2012-2013 school year from UHS of Delaware, Inc. which supported the regional event of the Pennsylvania State Academic Competition and the 14th Annual Reading Olympics. More than 6,000 students celebrated the love of reading by participating in the Reading Olympics and more than 1,000 school staff, families, and community members volunteered to support the event.
Quiz Bowl 2013_thumb
Students from 17 high schools competed in the Academic Competition, answering difficult questions about literature, American history, contemporary events, world history, potpourri, and science. Pictured above are the winners of the 2013 competition from Upper Dublin High School.

 

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