Tax Credit Programs (EITC/OSTC/SPE)
York Catholic is excited to share some information with you that is sure to change how you view paying your state and federal taxes each year. You have to pay these taxes regardless, so why not have a say in how your taxes are allocated? The EITC and OSTC programs provide tax breaks to businesses, while the SPE program provides a tax break to individuals. The money you re-direct to York Catholic is used for educational purposes, specifically tuition assistance.
EITC & OSTC Giving Options
Access information regarding corporate tax credit programs including dates, qualifying guidelines for gifts and more.Get Info
SPE Giving Options
Get info on Special Purpose Entity (SPE) giving options for individuals.Learn More
See How Your Gifts Make an Impact
Hear stories from students, parents and alumni to see how gifts make a big impact on the YC experience.Check it Out
Corporate Tax Credit Programs: EITC & OSTC
York Catholic is an approved organization able to accept gifts through both the OSTC (Opportunity Scholarship Tax Credit) and EITC (Educational Incentive Tax Credit) programs. Corporate donors who designate gifts within these programs can earn up to 90% in tax credits for the total amount of their donations.
Gifts provided under these vital programs are directly applied to providing tuition assistance and financial aid to YC students and their families, helping to make a YC education accessible to more of our communities’ amazing youth and young adults.
EITC/OSTC Participation Fast Facts:
- Click here to access information on the OSTC program online.
- Get full details on the EITC information online, by clicking here.
- Corporate donors must indicate Neumann Educational Foundation/York Catholic on the one-page application.
If you are interested in supporting York Catholic through a designated EITC or OSTC donation, get in touch by calling 717-846-8871 x1322 or click the button below to send us an email.
Individual SPE Gifts
A Special Purpose Entity (SPE) allows Pennsylvania individuals to re-direct 90% of personal state income taxes to York Catholic. SPE is based on tax liability, not income, therefore each taxpayer’s situation will differ. SPE gifts are directly applied to tuition assistance to help make a YC education accessible to a greater number of students around our community. To access additional information and resources on the SPE program:
- Click here to review information on the SPE program to determine if you qualify.
- Complete and submit the Joinder Agreement.
If you’re interested in learning more about the SPE program reach out to the YC Advancement Team at 717-846-8871 x1322 or send us a note at firstname.lastname@example.org to start a conversation.
Download the YC SPE Tax Credit Program guide for additional information on program qualification and application guidelines: