Tax Credit Program
how can tax credits support the school?
A gift to SCH Academy can provide your company with a substantial tax credit through the Pennsylvania Educational Improvement Tax Credit Program (EITC) or the Opportunity Scholarship Tax Credit (OSTC). By making a contribution to SCH’s scholarship fund, a company can receive PA state tax credits equal to 75% of its contribution(s) up to a maximum of $750,000 per taxable year. This can be increased to 90% of the contribution, if a company agrees to provide the same amount for two consecutive tax years.
Your support of SCH through the EITC/OSTC program will help in the school’s efforts to make its educational experience available to the most capable students regardless of their financial circumstances.
For more information or assistance, contact US:
Brooke Mattingly, Director of The SCH Fund
e: bmattingly@sch.org
p: (215) 261-6754
Jennifer McHugh '84, Director of Development
e: jmchugh@sch.org
p: (215) 247-7161
FREQUENTLY ASKED QUESTIONS
- Who is eligible?
- What is the business application timeline?
- I don’t own a business. Am I still eligible?
- How do I participate/apply?
- What happens after I apply?
- What’s the difference between EITC and OSTC?