The EITC Pennsylvania Tax Credit Program

By Bob Zaiser

This past year, more than 130 individuals and businesses have supported Moravian Academy through the EITC Pennsylvania Tax Credit Program donating more than $1.9 million since 2018. Since 2001, Pennsylvania’s EITC program and later the OSTC program has allowed businesses and individuals to use their their state tax obligation as a vehicle to donate to like Moravian Academy. The EITC program allows a 90% tax credit against your PA tax liability while Moravian receives 100%. For example, a $3,500 EITC gift will earn you a 90% tax credit of $3,150 against your Pennsylvania taxes, while Moravian receives $3,500. Pennsylvania personal and business income, capital gains, and other taxes all qualify.

When working with individuals on the EITC program, Moravian Academy partners with The Central Pennsylvania Scholarship Fund, BLOCS and The Children’s Tuition Fund. Funds raised through the EITC Pennsylvania Tax Credit Program must be used by Moravian for financial assistance.

To participate as a Pennsylvania resident in this program or for more information, contact Bob Zaiser, Director of Institutional Advancement, at bzaiser@mamail.net.