EITC (Educational Improvement Tax Credits) & OSTC (Opportunity Scholarship Tax Credits) are available to both individuals and companies in the state of PA who are subject to tax liability. As the largest and highest regarded scholarship organization in the state, BLOCS manages a sizable number of special purpose entities (or LLC’s) through the PA Department of Community & Economic Development (DCED)’s Tax Credit program, which allows both individuals and businesses to redirect their state tax liability to fund scholarships for students and families in need, living in the Philadelphia region and across the state of PA. Below are some resources which will introduce you to the BLOCS Tax Credit program and ways you can redirect your tax liability for a 90% credit of your scholarship donation amount.
To schedule an appointment with a member of the BLOCS Development Team to learn more about how you can access a 90% credit on your PA taxes for scholarship donations, please email: info@BLOCS.org
For more information on the PA Department of Community & Economic Development’s EITC/OSTC program, visit: https://dced.pa.gov/programs/
