Pennsylvania's Educational Improvement Tax Credit (EITC) program allows qualified Pennsylvania businesses and individuals to fulfill their state tax burden while supporting financial aid and scholarships at Holy Family School.
The tax credit program allows businesses or individuals with a state tax liability of $3,500 or higher to maximize their giving to Holy Family and receive up to a 90% credit for their gift against their Pennsylvania taxes if the same gift is made for two consecutive years, or up to 75% if made for one year.
For example, if you are currently a $500 a year donor, you can now make a gift of $5,000 to Holy Family and receive a $4500 credit per year off your PA tax liability if you agree to make that gift for two years. Your out-of-pocket donation remains the same ($500), but the impact for the school is greatly increased. The major difference is that you are making a gift to our school, helping to provide a quality education for a student, rather than paying the state. This represents a tremendous 'win-win' for you and for Holy Family School's families.
To learn more about gifts for tax credits, contact our Advancement Director at
advancement@myholyfamilyschool.org and you will be connected with a member of our Development Committee, who can discuss the process with you.
Did you know? Businesses and individuals can also split their gifts - making a contribution to more than one educational institution.