Support: Tax Credit Programs

About the EITC & OSTC Programs

The Educational Improvement Tax Credit Program (EITC) and Opportunity Scholarship Tax Credit Program (OSTC) allow companies that are doing business in Pennsylvania to redirect a portion of their state tax payments to approved scholarship organizations. The French International School of Philadelphia qualifies as an approved scholarship organization.

This means that by making a contribution to our school, a company that pays certain Pennsylvania corporate taxes is eligible to receive a tax credit of either 75% (one-year commitment) or 90% (two-year commitment) of the donated amount. The net cost to a company is extremely low in comparison to the scholarship money the school receives. For example, by committing to a donation of $50,000 in each of two consecutive years, a company would qualify for a state tax credit of $45,000 each year, making the actual cash outlay $5,000 per year. Additionally, a federal tax deduction can be taken on the actual cash outlay.

A business even can receive a tax credit equal to 100% of the donated amount by giving to our Pre-Kindergarten Scholarship Program through EITC, though much less state funding is available for this purpose.

The application process to become an eligible business is simple and straightforward, and can be completed entirely online.

For more information, please consult the website of the Department of Community and Economic Development. You may also contact our Development Office.

Useful Links:

EITC Program Overview

EITC Program Business Guidelines

OSTC Program Overview

OSTC Program Business Guidelines

Guide to Single Application (for both EITC & OSTC)

Single Application (for both EITC & OSTC)

For more information contact our Development Office:
Jade Touam
Development Coordinator
(610) 667-1284

Thank you to our 2017-2018 EITC & OSTC Donors!

BLOCS & the families who participated in the BLOCS EITC Program
Cigna Health and Life Insurance Company
Elliott-Lewis Corporation
Philadelphia Insurance Companies
Philip Rosenau Co., Inc.
PNC Bank, N.A.
Sky Community Partners, Inc.
Willig, Williams & Davidson
The Yoga Garden