Educational Improvement Tax Credit

The EITC program provides businesses subject to Corporate Net Income, Capital Stock Franchise, Bank and Trust Company Shares, Title Insurance Companies Shares, Insurance Premiums, or Mutual Thrift Institution taxes with a tax credit for donations made to an education organization that provides tuition assistance to qualifying students. Tax credits are applied against the tax liability of a business for the tax year in which the contribution is made; credits can be equal to 75% of the company’s contribution up to a maximum of $200,000 per taxable year, and can be increased to 90%, if the business agrees to provide the same amount for two consecutive tax years. The one page application can be submitted by fax to Harrisburg.  Call the school office at 717-392-2441 for assistance. 

St. Leo's gratefully acknowledges those companies that are participating in the program and designating St. Leo's as a recipient of this tuition assistance. Donors since 2007 include:

An Anonymous Donor

Glatfelter

Brownstown Animal Hospital

Donegal Mutual Insurance Company

Tomlinson Bomberger Lawn Care, Landscape and Pest Control

Armstrong World Industries