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Tax Credit Donor’s Guide
WHY WE GIVE
Left to right: Adam Hepp, Jr., Jessie Hepp Krauss ’98, Terry Hepp, Adam Hepp, Sr., Maggie Hepp Oliver ’95. Emily Oliver ’24, is a Hepp family granddaughter.
Adam Hepp P’95,’98, GP’24
“Through our family business, Suburban Wholesale Lighting, Inc., we have participated in the Pennsylvania EITC tax credit program since learning about it in 2012. This program enables us to make contributions to Merion, where we have a very personal connection. Our daughters, Maggie Hepp Oliver ’95 and Jessie Hepp Kraus ’98, each had such an enriching experience at Merion, and the EITC program is a great opportunity to help ensure that this outstanding education is possible to more students, especially those for whom it would be financially difficult without some assistance.
The EITC program is an almost-too-good-to-be-true initiative: Businesses or individuals receive an 75% PA state tax credit for a one-year commitment or a 90% PA tax credit for a two-year commitment. The process is completed through a very simple online application. The out-of-pocket cost is almost nothing while the benefits are substantial for the Merion Mercy students who receive them.
For our family, this is a feel-good opportunity, not only to pay it back, but to pay it forward. Our granddaughter Emily Oliver ’24 just started her freshman year at Merion, and her younger sister, Bridget, as well as her cousins, Caitlin, Emma, Gwen and Hailey are likely to follow. We are committed to helping ensure that MMA thrives and this outstanding educational opportunity is available to as many families as possible.”