Support: EITC
 /  EITC

ABOUT EITC

How does EITC work?
Tax credits are available on a first-come, first-served basis for contributions to educational improvement organizations such as The Chester Fund. Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made. A business may receive a tax credit equal to 75% of its contribution, up to a maximum of $750,000 per taxable year. A business that agrees to make a contribution to The Chester Fund for two consecutive years may receive a tax credit equal to 90% of its contribution. In effect, it costs businesses a dime to give a dollar.

Learn More

What businesses and taxes are eligible?
Businesses authorized to do business in Pennsylvania, who are subject to one or more of the following taxes, may apply for EITC eligibility:

  • Personal Income Tax
  • 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

How can I apply for EITC?
Applications for returning businesses are accepted online beginning May 15. Applications from businesses new to these programs are accepted online beginning July 1. Please note that applications are accepted on a “first come, first served” basis, and EITC in particular runs out of funds quickly, so it is important for new businesses to submit on July 1.

For more information, please read the PA-EITC business application guidelines here.

How to Give

Please contact Alex Coll to discuss whether EITC is right for your company and to walk through the EITC application process. Alex can be reached at 610-859-2988 or acoll@thechesterfund.org


The Chester Fund for Education and the Arts supports The Chester Charter School for the Arts (CCSA), an arts-integrated, academically rigorous, non-profit public charter school in the Chester Upland School District.

The Chester Charter School for the Arts prepares children to employ their intellectual and creative powers to enrich their community.

STAY IN TOUCH!