Beaver County Christian School
Biblicaly Grounded for Life

EITC and OSTC

Turn your PA tax burden into BCCS scholarships!
Through the EITC (Educational Improvement Tax Credit) and OSTC (Opportunity Scholarship Tax Credit) programs set up by the state of Pennsylvania, you can have your tax dollars stay in Beaver County to support children right here in our community.


The EITC (Educational Improvement Tax Credit) and OSTC (Opportunity Scholarship Tax Credit) programs, aimed at corporations, provide companies with a tax credit for donations to a non-profit scholarship or educational improvement organization. The donations directly benefit local PA schools, often in the form of scholarships to low or moderate-income families. BCCS has many families who depend on scholarships from EITC and OSTC. You can learn more about these programs by clicking here.

How do BCCS students benefit from EITC or OSTC contributions?
When your business receives tax credits by designating its donation for BCCS’ scholarship fund, your contribution is awarded directly toward the tuition of students based on their financial need, making Christ-centered learning opportunities accessible to children from all socio-economic backgrounds.

How much of a tax credit can I receive?
You may take up to $750,000 in tax credits per year. Tax credits equal 75% of the donation for a one-year commitment or a 90% credit for a two-year commitment of equal contributions. Existing federal charitable deductions also apply, so there may be no net cost to the donor. 

What type of business can participate in EITC and OSTC?
Businesses authorized to do business in Pennsylvania who are subject to one or more of the following taxes are eligible in the EITC and OSTC programs:
    • Corporate Net Income Tax
    • Capital Stock Franchise Tax
    • Bank and Trust Company Shares Tax
    • Title Insurance Companies Shares Tax
    • Insurance Premiums Tax
    • Mutual Thrift Institution Tax
    • Personal Income Tax of S corporation shareholders or Partners in a general or limited partnership (LLC)

 

The DCED requires that all donations are given through approved Scholarship Organizations. BCCS partners with:

Community Foundation of Western PA and Eastern OH
7 W State Street, Suite 301
Sharon, PA 16146
724.981.5882 Phone
866.901.7204 Toll Free
724.983.9044 Fax
www.comm-foundation.org

The process is very simple!
Submit the BCCS short EITC-OSTC Application at any time. The Community Foundation will send the application to DCED on your behalf according to the DCED application timeline. Based on available funding DCED will send an approval letter to you. Once approved, you must provide proof to DCED within 90 days of the notification letter that the contribution was made within 60 days of the notification letter. You will send your contribution to the Community Foundation, designated to benefit Beaver County Christian School. The Foundation will send you proof of your contribution. Use your tax credits in the tax year in which the contribution was made.

If you have any questions about EITC or OSTC please contact Sarah McChesney, BCCS Business Manager 724.561.6482 business@beavercountychristian.org or the Community Foundation (contact info is above).