Educational Improvement Tax Credit Program (EITC)
Since 2012, PBS39 has been registered as an Educational Improvement Organization with the Pennsylvania Department of Community & Economic Development. Because of this designation, businesses are able to support to our approved programs and receive substantial tax credits for their contributions.
What is PA’s Educational Improvement Tax Credit Program (EITC)?
The EITC program allows businesses to receive significant tax credits when they contribute to approved Educational Improvement Organizations such as PBS39. Businesses who contribute through this program will be approved for a tax credit between 75-90% of its contribution, up to a maximum of $750,000 per taxable year.
Entities eligible to apply for EITC are operating businesses authorized to do business in the Commonwealth of Pennsylvania that are subject to the following taxes:
- Corporate Net Income Tax
- Capital Stock Franchise Tax
- Bank and Trust Company Shares Tax
- Title Insurance Companies Shares Tax
- Insurance Premiums Tax, or
- Mutual Thrift Institutions Tax
By making an investment in PBS39’s innovative educational programs you can be confident that your contribution is going towards programming that enhances the curriculum or academic program of your local public school district. PBS39 provides innovative educational programming to a consortium of schools throughout Lehigh, Northampton, Carbon, Monroe, and Pike counties in Pennsylvania.
How can my business contribute to PBS39 and receive a tax credit through the EITC program?
Applications must be submitted electronically through DCED’sSingle Application for Assistance.
PLEASE NOTE: PBS39 is listed as the Lehigh Valley Public Telecommunications Corporation, WLVT PBS39 on the listing of approved Educational Improvement Organizations.