Giving through EITC/OSTC
Logos Academy participates in Pennsylvania’s Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs. In 2001, Pennsylvania Act 4 established the EITC program. Act 4 authorizes the award of tax credits to businesses that make contributions to scholarship organizations.
You may receive a tax credit of 90% of your gift if your business commits to two consecutive years of donations. If your business gives for one year, your business may receive a tax credit of 75% of your gift. Your company can give up to $200,000.
- Personal Income Tax
- Corporate Net Income Tax
- Capital Stock/Foreign Franchise Tax
- Bank Shares Tax
- Title Insurance & Trust Company Shares Tax
- Insurance Premiums Tax
- Mutual Thrift Institutions Tax
- Malt Beverage Tax
- Retaliatory Fees under section 212 of the Insurance Company Law of 1921
To discuss all of the giving opportunities for your business:
contact Paige Fessick at 717-848-9835, ext. 102.