Educational Improvement Tax Credit Program (EITC)

​Cheltenham School District Foundation is approved by the PA Department of Community and Economic Development (DCED) as an Educational Improvement Organization (EIO), which allows our organization to accept Pennsylvania Educational Improvement Tax Credit (EITC). 

Being part of EITC allows for your business to get credit as you contribute to the education of Pennsylvania’s schools systems. 

FAQs for Giving through EITC

1. What is the EITC?
Tax credits to eligible businesses contributing to a Scholarship Organization, an Educational Improvement Organization, and/or a Pre-Kindergarten Scholarship Organization.

2. What is the benefit of donating to the CSD Foundation through EITC?
Making your tax deductible donation to the CSDF through the EITC program gives you tax credit for your donation ultimately benefits Cheltenham students. 

Funding
Tax credits equal to 75 percent of its contribution up to a maximum of $750,000 per taxable year. Can be increased to 90 percent of the contribution, if business agrees to provide same amount for two consecutive tax years.
 
3. Can my company participate in this opportunity? 
Businesses authorized to do business in Pennsylvania who are subject to one or more of the following taxes:
  • Corporate Net Income Tax
  • Capital Stock Franchise Tax
  • Bank and Trust Company Shares Tax
  • Title Insurance Companies Shares Tax
  • Insurance Premiums Tax
  • Mutual Thrift Institution Tax
  • Insurance Company Law of 1921
  • Personal Income Tax of S corporation shareholders or Partnership partners

There is no better organization to invest your funds than the Cheltenham School District Foundation.

Your business receives taxes credit and  acknowledgment for supporting academic programs. 

Contact Information:
EITC and the NPSD Educational Foundation 
Christine Liberaski
Executive Director 
215-853-1020

Send a Letter:
Commonwealth Keystone Building
400 North Street, 4th Floor
Harrisburg, PA 17120-0225
CHECKS TO:
CHELTENHAM SCHOOL DISTRICT FOUNDATION
​
CHELTENHAM ADMINISTRATION BUILDING
c/o Cheltenham School District Foundation
2000 Ashbourne Road
Elkins Park, PA 19027

For assistance in donating your PA EITC program, please reach out to:
​Laura Baldwin, President
laubaldwin@gmail.com