Turn Your PA Tax Payments Into Scholarships for Saint Joseph's Students
Thank you for considering participating in the Educational Improvement Tax Credit (EITC) Program. EITC participants transform their tax dollars into scholarships and financial aid for students at Saint Joseph's Catholic Academy.
How Does It Help?
Many Saint Joseph's Catholic Academy students are in need of financial support for their Catholic education. Without this financial support, some students would not be able to attend Saint Joseph's.
The EITC program enables individuals and businesses working PA to direct their state income tax liability to Saint Joe's, so that these funds can be used for need-based student scholarships. As an added benefit, in some cases participation in the EITC program can help individuals and businesses reduce their own PA income tax liability.
How Does It Work?
With proof of a donation during a taxable year, businesses/individuals enrolled in the EITC program may earn PA tax credits equal to 90% of the business/individual's total charitable contribution to Saint Joseph's, when they commit to contribute the same amount for two consecutive years. There are income requirements to be in the program (see below).
In practice, following the completion of a short application (see below), an individual/business commits to participation in the EITC program and a specific contribution amount by signing a joinder. The individual/business then submits their donation to the Central Pennsylvania Scholarship Fund, which directs the contribution to Saint Joe's. In turn, Central Pennsylvania Scholarship Fund documents the donation and sends the individual/business a tax form (e.g. SPE K-1), which documents the tax credit. The individual/business includes this form when filing their PA income tax forms to receive the credit.
It is important to note that annual EITC tax credits availability are limited. Individuals and businesses must enroll in the program each year to be eligible for tax credits. Credits are made available on a first-come, first-served basis so it is important to apply for credits early.
Who Can Participate?
Individuals/Couples
To participate, individuals/households who have an annual PA personal income tax liability of $1000 or more. (Hint: Check out line 12 on your PA Income Tax Return to confirm your PA Tax Liability amount.)
Businesses
C-Corporations and owners of Subchapter S-Corporations, LLCs, LPs, LLPs and Partnerships are all businesses that qualify.
Ready to Participate?
Contact Mrs. Anna Rupprecht, Saint Joseph's Principal, at arupprecht@sjcacademy.org or 814-808-6118 so that she can guide you through the enrollment process. As part of the process, you will need to complete a short application form. There are two options. Click the buttons below to download the forms:
Once you have spoken with Mrs. Rupprecht, you can submit your form to an administrator at RedefinED Advisors, LLC, the educational funding support organization that assists Saint Joseph's in processing the EITC paperwork. The RedefinED Advisors, LLC email contact is info@redefiningeducation.org.
Want To Learn About Other Giving Options?
Use the blue buttons to navigate to information about other important giving options or contact Mrs. Anna Rupprecht, Saint Joseph's Principal, at arupprecht@sjcacademy.org or 814-808-6118..
901 Boalsburg Pike, Boalsburg, PA 16827
(814) 808-6118
sjca@sjcacademy.org