Information for Interested Donors

Would you like…
…to provide scholarship funds to enable a family to send their children to a private school ?
…to provide assistance to families struggling with school costs for their children?
…to receive a tax credit from the state of Pennsylvania for up to 90% of the funds that you provide?

NOW YOU CAN!

PA Act 4 of 2001 and Act 48 of 2003 established the Pennsylvania Educational Improvement Tax Credit (EITC). This provides tax credits to eligible businesses that contribute to a scholarship organization. Tax credits are awarded on a first-come, first-serve basis until all the available program credits are exhausted. Tax credit not used in the tax year the contribution was made may not be carried forward or carried back and is not refundable or transferable. More information is available by calling Ted Knorr of the PA DCED at 717-787- 7120 or by visiting www.newpa.com. Or, call Faith Builders Scholarship Fund, and ask for the EITC information packet: 814-789-2219. You may also send an e-mail to

How to Participate
1. Each business must first determine eligibility. All Pennsylvania businesses that pay any of the following taxes are eligible:

2. Under the K-12 program, an eligible business must choose the 1- year or 2-year contribution option. a. The 1-year option grants tax credits equal to 75% of the contribution. b. The 2-year option grant tax credits equal to 90% of the contribution, if the business agrees to provide same amount for two consecutive tax years. c. Under the Pre-K program, an eligible business receives 100% tax credit for the first $10,000.00 and 90% there after up to maximum of $100,000.00 per taxable year.

3. The business completes and submits an application to the PA Dept. of Community and Economic Development (DCED) by July 1 of each year. Submit an application to:
DCED Center for Business Financing
Tax Credit Division 4th Floor, Commonwealth KeystoneBldg.
400 North Street
Harrisburg, PA 17120

4. Within 60 days of receiving approval for the tax credit from the DCED, the business makes the scholarship contribution to an approved organization, such as Faith Builders Scholarship Fund. Send the contribution to:
FB Scholarship Fund
P.O. Box 127
Guys Mills, PA, 16327.

Faith Builders Fund is entirely donor-directed, meaning that you as a donor choose which school(s) benefits from your contribution. Faith Builders sends the business an EITC contribution receipt

5. The business sends the contribution receipt to DCED, which in turn activates the tax credit.

Download Business Brochure (pdf)
Download Business Reapplication for Pre-K (pdf)
Download Business Reapplication for K-12 (pdf)

(The new business reapplication combines Pre-K and K-12 applications.)
Visit PA's Official EITC site

Note: these downloads require Adobe Reader.

Contact Information