Pennsylvania Tax Credit Programs

EITC and OSTC

The Pennsylvania Educational Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC) programs allow individuals and business owners to take an up to 90% credit against PA taxes through a donation to The Crefeld School. Additionally, with a donation made through EITC, your gift to Crefeld is multiplied by 10 - a $300 gift becomes $3000, $1000 becomes $10,000, etc. Money donated through this program go directly to fund financial aid and scholarships for Crefeld students.

EITC Reduces Your State Tax Liability AND Multiplies Your Donation by 10!

We are here to help you with this process! For more information, please contact The Crefeld School at 215.242.5545 to speak with George Zeleznik, or development@crefeld.org.

Learn more about EITC



Who qualifies?

Anyone who pays:

  • 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

Typically, these taxes are paid by Individuals, Corporations, Partnerships, LLCs, Banks, Insurance Companies, Title Companies, and Mutual Thrift Companies. Partnerships can split a gift among several EITC/OSTC-approved nonprofits.

How does this work?

For businesses seeking to submit an application, please adhere to deadlines set by Pennsylvania. If you submit on even just one day earlier, your application will be denied as the state will read it as applying for the previous year and those funds have already been spoken for:

  • Go to this link for more information about EITC and go to this link for more information about OSTC Business Guidelines.

  • Credits are issued on a first-come, first-served basis.

  • You will be notified by the state of PA of your acceptance if you qualify.

  • Make your contribution to Crefeld within 60 days of acceptance and send proof of your contribution to the state.

  • EITC/OSTC contributions support The Crefeld School’s scholarship program, which offsets the cost of education for members of our student body who would otherwise not be able to attend Crefeld.