EITC – The Educational Improvement Tax Credit
What EITC means for your community
Heritage Conservancy will provide free or low cost educational programs to support local schools. Programming offered by Heritage Conservancy helps to connect school-aged children with our local natural and historic heritage through diverse and innovative activities that provide opportunities for hands-on learning and connections to STEAM/STEM curriculum both indoors and outside in nature.
Heritage Conservancy is approved to receive contributions from corporations through the Pennsylvania Educational Improvement Tax Credit (ETIC) program. Eligible businesses that support our educational programs can apply to receive tax credits equal to 75% of their contribution (up to a maximum of $750,000 per taxable year).
Heritage Conservancy is excited to announce that it has been designated as an Educational Improvement Organization. Our team is proud of the enriching programs we have already shared with the youth throughout this community. We look forward to expanding these programs through business partnerships to ensure that the next generation develops a sense of place and furthers their own connection to our natural and historic heritage.
What EITC means for your business
Pennsylvania’s EITC program is a way for eligible businesses to increase educational opportunities for students while earning tax credits by contributing to an Educational Improvement Organization such as Heritage Conservancy. Through EITC, eligible businesses can fund education rather than pay a portion of their state taxes.
Uses
Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made.
Eligibility
The PA Department of Community and Economic Development (DCED) determines which businesses are eligible, the application procedure and deadlines, as well as tax credit limits. Businesses may qualify if they are authorized to do business in Pennsylvania and are subject to one or more of the following taxes:
- Personal Income Tax
- Capital Stock/Foreign Franchise Tax
- Corporate Net Income Tax
- Bank Shares Tax
- Title Insurance & Trust Company Shares Tax
- Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
- Mutual Thrift Tax
- Malt Beverage Tax
- Retaliatory Fees under section 212 of the Insurance Company Law of 1921
Funding
Tax credits equal to 75 percent of its contribution up to a maximum of $750,000 per taxable year. This can be increased to 90 percent of the contribution if the business agrees to provide the same amount for two consecutive tax years.
To see up-to-date EITC information, visit the Pennsylvania Department of Community and Economic Development’s website HERE.
2025 Timeline
If you are a new or renewing applicant to the EITC program, tax credit applications are allocated on a first come, first served basis.
May 15 – Business applicants who have fulfilled their 2-year commitment and wish to reapply in FY 24/25 to renew their 2-year commitment.
May 15 – Businesses who are in the middle of their 2-year commitment.
July 1 – All other businesses including initial applicants and those applicants wishing to submit an additional application on top of their previously submitted 2-year commitment.
Thank you to our current EITC contributors
C&N Banking, Lending & Wealth Management
Fred Beans Automotive Group
Fulton Bank
Mid Penn Bank
SoferWare, Inc.
Weis Markets, Inc.