Can my business contribute to CCEF and is CCEF approved to receive Educational Improvement Tax Credits (EITC)?

Yes.  CCEF is an approved Educational Improvement Organization (EIO).  When your business contributes to CCEF through the Educational Improvement Tax Credit (EITC) program, it is a win-win for everyone!  An eligible business can be approved for a tax credit equal to 75 percent of its contribution(s) to an approved EIO up to a maximum of $400,000 per taxable year.  The tax credit may be increased to 90 percent if the business agrees to provide the same amount of contribution for two consecutive years.  Applications for tax credits for program fiscal year 2017-18 (July 1, 2017 through June 30, 2018) will be accepted electronically (more guidance to be posted).  For application guidelines and more information visit http://dced.pa.gov/programs/educational-improvement-tax-credit-program-eitc/.  Please contact Robert Datsko, CCEF board member, for more information: rdatskocpa@yahoo.com.  (Back to FAQ)

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