Educational Improvement Tax Credit (EITC) & Opportunity Scholarship Tax Credit (OSTC)
Kennedy Catholic Family Schools participate in Pennsylvania’s EITC and OSTC programs, which allow businesses to receive substantial tax credits by contributing to scholarship funds. These contributions directly support tuition assistance for students, making a Kennedy Catholic education accessible to families with financial need. By participating, businesses not only receive tax benefits but also invest in the future of our students and community. Explore how your business can make a difference through these impactful programs.
What is EITC & OSTC?
The EITC and OSTC programs in Pennsylvania allow businesses to direct their tax dollars towards scholarships for students at Kennedy Catholic Family Schools. These programs provide tax credits to companies for donations made to non-profit scholarship organizations, benefiting local PA schools.
How Do KCFS Students Benefit?
Contributions help make a Catholic education accessible to students from diverse socio-economic backgrounds by providing direct tuition assistance based on financial need.
Tax Credits & Eligible Businesses
Businesses authorized to operate in Pennsylvania and subject to specific state taxes can participate. These include Corporate Net Income Tax, Capital Stock Franchise Tax, and others.
Businesses can receive up to $750,000 in tax credits annually. The tax credits equal 75% of the donation for a one-year commitment or 90% for a two-year commitment of equal contributions.
How to Participate
Submit the KCFS short EITC-OSTC Application (coming soon) at any time. The Community Foundation will handle the application process. Once approved, you must provide proof of your contribution to receive the tax credits.
Community Foundation Partners
- Community Foundation of Western PA and Eastern OH
- STAR Foundation Scholarship Fund, Diocese of Erie