If you're a business owner, you can reduce your state tax liability by making contributions to Blessed Sacrament School through the Diocese of Erie Star Foundation. The Pennsylvania Educational Improvement Tax Credit Program enables your business to:

  • Receive a tax credit equal to 75 percent of your contribution to the STAR Foundation, up to a maximum of $200,000 per taxable year.
  • Increase the tax credit to 90 percent of your contribution if the business agrees to provide the same amount of contribution to an organization for two consecutive years.
  • For contributions for pre-kindergarten scholarships, receive a tax credit equal to 100% of the first $10,000 contributed and up to 90% of the remaining amount contributed up to a maximum credit of $100,000 annually.
  • EITC Business Guidelines & Application 
    Guidelines on applying for Educational Tax Credits from the Pennsylvania Department of Community and Economic Development 

Application Process

  1. Complete and submit an EITC application with the PA Department of Community and Economic Development (DCED), which will then determine whether your business qualifies for the credit. The application is a very simple, one-page form.
  2. Confirmation letters are generally sent within 10 business days. Once confirmation is received, the business has 60 days to make a donation to the STAR Foundation.
  3. Be sure to designate your contribution for Blesses Sacrament School. Any funds not designated will be distributed throughout the diocese.
  4. Notify Blessed Sacrament School of your contribution.

 

For More Information Please Contact

Lisa Keating 

Director of Advancement