“We’re from the Government and we’re here to help.”

These 9 words can strike fear into the heart of any business owner. “Rarely does a local business owner think a new government program, particularly a new tax program, can be a good thing. This is a good thing,” says John Rodgers of Fulton Bank.

Believe it or not, the Educational Investment Tax Credit (EITC) is a state tax program that enables the business community to be directly involved in education and allows companies to send their tax dollars to nonprofit educational organizations like Grace Prep instead of Harrisburg. Corporations (Sub-S, C, and LLC) that pay taxes in Pennsylvania can receive a tax credit (not just a tax deduction) of up to 90% for contributions to Grace Prep’s EITC scholarship fund. In fact, even the remaining 10% is deductible on the company’s federal tax return.

At Grace Prep, we serve a diverse group of students from every academic and economic background. And in most cases, the kids who need a small school environment the most can afford it the least.

Your EITC scholarship will fund families whose needs have arisen out of varied circumstances. Maybe it’s a grandmother raising her grandchild and just needs some help to afford the kind of school she desperately wants for this child. Maybe a child has lost a parent. The stories vary, but for all, EITC is a blessing.
Tell Harrisburg you want your hard-earned tax payments to go directly to kids in need.

It’s a one-page form....and it’s listed on the left as a PDF file. Call us. (You’ll probably want to pass it by your accountant first.) We’ll walk you through the process in person or over the phone in less than 45 minutes.