Laurel Highlands Council

Educational Income Tax Credit (EITC)

Giving

Educational Income Tax Credit (EITC)

The Boy Scouts of America, Laurel Highlands Council is proud to announce it has been approved to receive funding through the Educational Improvement Tax Credit (EITC) Program. Pennsylvania’s EITC Program awards tax credits to businesses that make contributions to qualified organizations such as the Laurel Highlands Council.

What is EITC?

A PA Department of Community and Economic Development (DCED) program that provides state tax credits to eligible businesses for charitable contributions made to the Boy Scouts of America, Laurel Highlands Council.

Is my business eligible?

If you do business in Pennsylvania and pay any of several corporate taxes, the answer is YES! Contact the Boy Scouts of America, Laurel Highlands Council to find out more.

How can I make EITC work for me and my business?

Visit the PA DCED website for EITC Guidelines and access to DCED’s electronic Single Application system. Once you are approved* by DCED, make your contribution to the Boy Scouts of America, Laurel Highlands Council within 60 days.

What’s the bottom line?

Tax credits equal to 75% of your contribution up to a maximum of $750,000 per taxable year; can be increased to 90% of your contribution, if your business agrees to provide the same amount for two consecutive tax years.

  Corporate Contribution Annual PA Tax Credits Awarded Annual Actual Cash Output
Two-Year Commitment
(90% tax credit)
$100,000 $90,000 $10,000
One-Year Commitment
(75% Tax Credit)
$100,000 $75,000 $25,000