Corporations & Businesses Support KWS Through the PA EITC Program

The Pennsylvania Educational Improvement Tax Credit Program (PA EITC) provides opportunities and benefits for students of lower income families, corporations/businesses and registered scholarship organizations. 

Your business can apply to the state for tax credits using a simple one-page application.  Once the state approves your application, in essence you redirect your tax credit payment to KWS.  You can receive 75% to 90% tax credit on taxes that you already plan to pay the state.  As a registered Scholarship Organization KWS uses these funds for students of lower income families who otherwise would not have the opportunity of school choice.

Contact:
Nancy C. McLane, PA EITC Program
Direct Line 484-614-7428
nmclane@kimberton.org

Kimberton Waldorf School is a registered K-12 Scholarship Organization and a registered Pre-K Scholarship Organization.

A corporate tax credit is available through the PA EITC Program to incorporated businesses (C-Corp, S-Corp, Multi or Single Member LLC) that do business in the State of Pennsylvania and pay one or more of the following taxes:

• Corporate Net Income Tax            
• Capital Stock Franchise Tax
• Bank & Trust Company Shares        
• Title Insurance Company Shares Tax
• Insurance Premiums Tax
• Mutual Thrift Institutions Tax
• Personal Income Tax of S Corporation Shareholders or Partners in an LLC/LLP. “Pass-through entities” may transfer credits to the owners of the Companies to be used against their PA Personal Income Tax Liability

Further details about the program are available by going on line to the Pennsylvania State website www.newPA.com and searching “PA EITC Program”. In addition, the REACH Foundation offers excellent educational materials for this program, www.paschoolchoice.org.

Follow the “step-by-step” directions and see how easy it is to participate in this program.

* Step-by-Step directions to name KWS as a K-12 Scholarship fund recipient. 

* Step-by-Step directions to name KWS as a Pre-K scholarship fund recipient. 

Contact KWS or go to the state’s web site for the most current application (www.newPA.com.)

 Prior to submitting any application we do advise reviewing the completed application with your accountant. Remember that tax credits apply to the tax year in which you write the check to a scholarship organization.

Since 2001 the following companies have participated in the PA EITC program naming Kimberton Waldorf as a recipient scholarship organization for one or more years.  Most of these companies have participated on an annual basis.

Why wouldn't you want to be part of this group?

Aerzen USA Corporation
ALCO Industries, Inc.
Alliance Environmental Systems, Inc.
CIGNA Corporation
Customers Bank / New Century Bank
David J. Andrien Concrete, Inc.
Degler-Whiting, Inc.
DNB First
Eagle Chiropractic, PC
First National Bank of Chester County
First Priority Bank
John T. Scott & Co., Inc.
JH Process Equipment, Inc.
Kimberton Whole Foods, Inc.
Maillie, Falconiero & Company, LLP
Miller Chemical & Fertilizer Corp.
National Penn Bank
Novick Brothers Corporation
O'Reilly Buick GMC
PEACH Inspections
Philadelphia Insurance Companies
Philadelphia Warehousing & Cold Storage
Philip Rosenau Co., Inc
Phoenixville Federal Bank & Trust
PNC Bank, NA
Queen City Pizza
Seven Stars Farm, Inc.
Sovereign Insurance Group
Sub Straight, LLC
Summers Laboratories, Inc.
Susquehanna Waldorf School
The Glenmede Trust Company, N.A.
Unisys Corporation

Kimberton Waldorf School is committed to providing scholarship assistance to families of lower income and giving these families a choice in their children’s education.  Your participation in the tax credit program will be greatly appreciated by our students and their families.