St. John Chrysostom - EITC Scholarship Brochure

“Let everything take second place to our care of our children, our bringing them up in the discipline and instruction of the Lord. If from the beginning we teach them to love true wisdom, they will have greater wealth and glory than riches can provide.”

— St. John Chrysostom

Schedule OC Instructions:

OUR MISSION To raise up children in the Orthodox Faith, cultivating prayer, wisdom, and virtue through the art of classical instruction, in a community of worship.

This is not merely a vision.

It is a mission already underway.

Contact: Nick Pandelidis or Matt Miklas taxcredits@chrysostomschool.org chrysostomschool.org We Will: ✦ Walk you through the participation process ✦ Explain the giving & tax timeline ✦ Assist with PA-41 Schedule OC filing ✦ Answer your general questions

PENNSYLVANIA EITC SCHOLARSHIP PROGRAM Direct Your PA Taxes Towards Student Scholarships

Your Generosity Makes Orthodox Christian Education Financially Accessible To All Education is more than academics.

At St. John Chrysostom School, we seek to form whole persons— children who know God, love what is good, think clearly, and live faithfully.

Our classical program fully integrates into the rhythm of the Orthodox Church, cultivates wonder and disciplined study, while instilling virtue and a love for truth, goodness, and beauty.

The life of the Church is not an addition to education, it is its foundation.

We believe financial circumstances should never prevent families from pursuing private Christian education for their children.

HOW IT WORKS

TURN TAX DOLLARS INTO SCHOLARSHIPS

We receive funding. The school receives scholarship funds in December or January.

Pennsylvania’s Educational Improvement Tax Credit (EITC) program gives you a remarkable opportunity to direct your Pennsylvania tax dollars toward student scholarships at St. John Chrysostom School.

Receive your credit. You receive your tax credit to file with your spring taxes.

Through this program, you can receive a 90% state tax credit in return for your donation.

EXAMPLE

Directed from your PA tax bill ⟶ $2,000 PA tax credit (90%) ⟶ $1,800 Your net cost ⟶ $200 JUST 10¢ ON THE DOLLAR

The Pennsylvania EITC opportunity magnifies your generosity!

Give in the fall. You make your contribution to the approved Scholarship Organization.

See it in your refund. The tax credit is reflected in your tax refund in early summer.

HOW TO PLAN Because the gift comes before the credit, it’s important to: ✦ Estimate your PA tax liability (see Line 12 of last year’s PA-40 return) ✦ Budget intentionally ✦ Know your available savings