Pennsylvania businesses can direct their state taxes to the Waldorf School of Pittsburgh through the EITC program and have a say in how their tax dollars are spent.
Pennsylvania’s Educational Improvement Tax Credit (EITC) program awards tax credits to businesses that make contributions to scholarship organizations. Businesses both large and small can benefit from this tax credit program.
The Waldorf School of Pittsburgh has been approved as a scholarship organization through the EITC program. A designation to the Waldorf School of Pittsburgh’s scholarship program can provide your company (or a company that you work for or are associated with) a tax credit of up to 90% through the Pennsylvania EITC program. This is a direct tax credit, not a tax deduction!
If a business pays any of the following corporate taxes to the Commonwealth of Pennsylvania, the EITC program allows that business to contribute almost all of those tax dollars to the Waldorf School of Pittsburgh’s scholarship programs:
Corporate Net Income Tax (CNIT)
Capital Stock Franchise Tax
Bank and Trust Company Shares Tax
Title Insurance Companies Shares Tax
Insurance Premiums Tax
Mutual Thrift Institutions Tax
Your contribution will be used for need-based financial assistance to help families provide Waldorf Education for their children.
The EITC program allows our business stakeholders to substitute the Waldorf School for the Commonwealth of Pennsylvania for up to $200,000 of their tax liability with little or no additional cost whatsoever. This is a wonderful program that allows business owners to have control of what their tax dollars support. An EITC donation to the Waldorf School supports the most unique form of elementary education in Pittsburgh!
For more information or to make an EITC donation to the Waldorf School, contact the school’s Business Manager, Laura Baker, at 412-441-5792 ext. 225.
