PA Tax Credit Programs
For example: if you determine that you will owe $5,000 in PA state taxes, you can direct that to Benchmark School and pay only $500 (which is also deductible on your federal income tax).
How to Participate
Some of these entities have a minimum participation amount, but it is also dependent on how much money in tax credits they have to fill. Whether you need more information or are ready to enroll, please email Lauren Ainsworth in Benchmark’s Development Office or call 610-565-3741 x149.
- WHAT IS THE DIFFERENCE BETWEEN A CREDIT AND A DEDUCTION?
- ARE THERE RESTRICTIONS?
- IS THIS A TWO-YEAR COMMITMENT?
- DO BOTH SPOUSES NEED TO ENROLL?
- DOES THIS IMPACT MY PENNSYLVANIA STATE WITHHOLDING?
- WHAT IS THE APPROPRIATE LEVEL OF PARTICIPATION?
- DO I NEED TO EARN A PARTICULAR INCOME TO QUALIFY?
- WHERE DO I OBTAIN AN APPLICATION/JOINDER?
- WHEN DO I SUBMIT MY APPLICATION/JOINDER?
- HOW DOES BENCHMARK RECEIVE MY CONTRIBUTION?
- WHEN WILL I RECEIVE DOCUMENTS TO FILE WITH MY INCOME TAXES?
For some, becoming familiar with the procedures around making an EITC gift can seem overwhelming. The Benchmark Development Office is here to help you at every step.
The following contributions from corporations and businesses through the EITC and OSTC programs enabled Benchmark families to receive more than $3.5 million in financial aid.
AIM Scholarship 1 LLC
Aqua America, Inc.
Brock Premier Culinary Services
Bryn Mawr Trust Company
Burns Engineering, Inc.
Business Leadership Organized for Catholic Schools (BLOCS)
Central Pennsylvania Scholarship Fund
Chek Med Systems, Inc.
Devon Consulting, Inc.
Employee Benefit Specialist, Inc.
Fishman & Tobin, Inc.
Glenmede Trust Company, NA
Graham Partners, Inc.
HSC Builders & Construction Managers
Jewish Scholarship, LLC
Keystone Health Plan, East
Manufacturers & Traders Trust Co.
McLean Packaging Corporation
Montgomery Avenue II LLC
Mutual Fire Foundation, Inc.
Neurologic Health Associates, PC
Omni Cable Corp.
PA Partners for Education, LLC
Pennsylvania Education Partnership LLC
Pennsylvania EITC/OSTC Scholarship #2, LLC
Philadelphia Insurance Companies
Ryan Advisory Services
S & S Realty Associates, Inc.
Silverback Educational Foundation
SKF USA, Inc.
Spivack & Spivack, LLC
Stein Realty Capital, LP
Stellar Solutions LLC
UGI Energy Services
UHS of Pennsylvania, Inc.
Utica National Insurance Group
Veterans Financial, Inc.
Wilmington Trust of Pennsylvania
Wind River Holdings, LP
Director of Annual Giving
610-565-3741, ext. 149