Corporate Giving

Tax Credits for Tuition Aid Supporting Lansdowne Friends School

Pennsylvania's Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs enable businesses, partnerships and S-corp shareholders to reduce their Pennsylvania state tax liability -- up to $750,000 per year -- and gain a charitable giving deduction on Federal taxes by making a donation to support need-based scholarships for worthy students at LFS.

How to Participate

Decide which program is the best fit for your organization. You can find program information on the EITC and OSTC pages on the Department of Community and Economic Development (DCED) website or contact Nancy Werner at LFS with any questions.

Apply online via the link on the DCED Single Application page. Register for a login if you don't already have one, and then complete the one-page online application for either the EITC or OSTC program.

Please note: You will be asked to select either EITC or OSTC in this application; and, in addition, if your first choice is unavailable, whether you would like apply for the other program. Please answer YES to this question. There is virtually no difference from the business’ perspective. LFS qualifies for both programs. Here is the business online application guide .

Upon receipt of your approval letter from the DCED, you have 60 calendar days from the date of that letter to make a contribution to Lansdowne Friends School.
 

Send your check to: 

Lansdowne Friends School

110 N. Lansdowne Ave.

Lansdowne, PA 19050

An acknowledgement will be sent upon receipt of your check. Simply mail a copy of this acknowledgement with the completed form that arrived with your approval letter to the PA Department of Revenue within 90 days of the date of your approval letter.

Eligible Taxes

Eligible Taxes Eligible Taxes to which credits can be applied:

Personal Income Tax  (Tax credits can be distributed through more than one level of pass through entities, as well as spousal participation)

Capital Stock/Foreign Franchise Tax

Corporate Net Income Tax

Bank Shares Tax

Title Insurance & Trust Company Shares Tax

Insurance Premium Tax  (excluding surplus lines, unauthorized, domestic/foreign marine)

Mutual Thrift Tax

Malt Beverage Tax retaliatory Fees under section 212 of the Insurance Company Law of 1921

If you have more questions about the EITC or OSTC programs, please contact our Advancement Office at 610.623.2548.