Educational Improvement Tax Credit (EITC)  allows corporations , and individual PA tax payers, to make excellent use of state tax incentives to benefit specific schools for the sole purpose of student scholarships.

Below is a list of these generous community businesses that dedicated EITC to Saints Peter and Paul School for the 2018-2019 academic year:

First Resource Bank

Media One Products

DNB First

J.P. Mascaro & Sons

DellaVecchia, Reilly, Smith & Boyd Funeral Home

BLOCS (Business Leaders Organized for Catholic Schools)

Answering Service for Directors

The Greater West Chester Chamber of Commerce

The Foundation for Catholic Education in Chester County

The Bridge Foundation

Kevin and Linda Czachor

Frank and Beth Farnesi

Paul and Donna Frick

Kevin and Mackenzie Hendrickson

Thomas and Jovy Mehler

Elliot and Melissa Parsons

Kevin and Barbara Quinn

Duke and Kim Schneider


The funds dedicated by these local businesses were available for distribution to qualifying  families for the 2018-2019 academic year.

Numerous Saints Peter and Paul School families will benefit from the generous EITC gifts. If you are interested in applying for these funds, you apply using the FACTS financial aid online application. Please see the Financial Aid section under the Admissions tab for more information.

Q: What is the Pennsylvania Educational Improvement Tax Credit?

A: The EITC was established in 2001 to provide businesses that pay PA taxes with a tax credit for their donations to nonprofit Scholarship or Education Improvement Organizations.

A one-time donation for K to 12 students can earn a 75% tax credit for a 1 year commitment or a 90% credit for a two year commitment. A one-time donation for Pre-K students can result in a 100% tax credit for the first $10,000; anda 90% tax credit for the remainder up to $100,000.

A business, or any of its operating subsidiaries, can receive up to $300,000 in tax credits annually.


Does Saints Peter and Paul School have EITC money available for 2018-2019?

Yes.  Saints Peter and Paul School has already secured funds from our donors and all EITC funds have been allocated to Saints Peter and Paul School students as tuition assistance.     We are extremely thankful to all EITC donors.


Q: What Organizations utilize the Pennsylvania EITC?

A: Over 2,800 companies have benefited from the Educational Improvement Tax Credit. Although large companies participate in the program, most EITC contributors are small and mid-sized businesses.


Q: Who qualifies for the EITC?

A: To qualify for the credit, a business must pay one of the following Pennsylvania state taxes:

  • Corporate Net Income Tax
  • Capital Stock and Franchise Tax
  • Bank and Trust Company Shares Tax
  • Title Insurance Companies Shares Tax
  • Insurance Premiums Tax
  • Mutual Thrift Institutions Tax

S Corporations may participate in EITC as well. Businesses may elect to pass through credits from the Personal Income Tax of S Corporation Shareholders or Partners in a general or limited partnership.

These donations make a genuine difference to students and their families. But An EITC-eligible contribution to students through BLOCS offers donors advantages as well:

  • Charitable donations reduce the amount of taxable income
  • Tax credits reduce tax bills dollar for dollar
  • Giving students the chance to experience a high-quality education is an investment in tomorrow’s leaders and workforce
  • Minimal cost for major impact
  • Helps build community good will


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