Frequently Asked Questions

How does my contribution reach the schools?

You may designate your preferred school from our list of partner institutions, or you may request that your contribution be undesignated and used where needed most. The Pennsylvania Education Partnership LLC makes contributions to local Jewish day schools through the Foundation for Jewish Day Schools (FJDS), a 501 (c)(3) organization.

PEP also makes contributions directly to DCED approved Scholarship Organizations throughout the Commonwealth.

How do I claim my tax credit?

How does my contribution reach the schools?

The accountants for the PEP LLC entities prepare the K-1s after the close of the calendar year. Each PEP Member will receive a PA K-1 and a Federal K-1 which are sent by the beginning of February of each year.

These forms are used to claim the PA Tax Credit and possibly a Federal Charitable Deduction.

Please consult your tax adviser regarding your unique tax circumstances.

Is there a maximum or minimum contribution?

How does my contribution reach the schools?

Can I participate both as an individual and a business?

•For a BUSINESS submitting its own application, the maximums are:

•EITC/OSTC/EIO: $833,333 contribution ($750,000 tax credit)

•PKSO: $221,111 ($200,000 tax credit)

•There is no minimum for a business entity applying on its own.

•For INDIVIDUALS submitting through PEP LLC, please note:

•There is minimum participation of $6,000

•Pennsylvania has no maximum for individual participation through one or more SPEs.

Can I participate both as an individual and a business?

•Yes! A business owner can participate in BOTH; as its business (C-Corp, LLC, LLP, etc) AND as an individual through an SPE.

•The individual does NOT need to reside, NOR does the business need to be incorporated in Pennsylvania, but Pennsylvania taxes must be paid in each case.

How do students qualify to receive these scholarships?

Can I participate both as an individual and a business?

Can I designate my contribution for a specific student?

Students go through the regular scholarship application process at their school.

Household incomes can be no greater than $108,444 plus $19,088 for each child in the family for the 2023/2024 academic year.

Can I designate my contribution for a specific student?

Can I participate both as an individual and a business?

Can I designate my contribution for a specific student?

You cannot designate your contribution to a specific student. However, you may designate a specific school or choose to have your contribution undesignated. The schools make their own scholarship funding decisions for qualified students.

How can my business participate?

Businesses should contact PEP at gwen@paeitc.com. to join one of the PEP Special Purpose Entities. PEP accepts both individuals and businesses as members of its entities for EITC participation.

Businesses wishing to apply directly to the Pennsylvania Department of Community and Economic Development for tax credits are encouraged to visit the Foundation for Jewish Day School's website for detailed information at www.jewishphilly.org/ways-to-give/eitc/eitc-forms/

Please note the following information from the FJDS website:

Businesses should adhere to the important dates below. If submission is made just one day earlier, the application will be denied as the Commonwealth will read it as applying for the previous year and those funds have already been spoken for.
May 15, 2024, as a renewing participant (either the 1st year of a new 2-year commitment or the 2nd year of an existing 2-year commitment). Participation in the program must be continuous in order to submit your application on May 15th.
July 1, 2024, as a new participant – also if your business is returning from a hiatus in participation. If you submit any time after July 1, you will most likely not be approved this year as the last of the funds are usually distributed to July 1 applicants.

EITC

The application is available from Pennsylvania's Department of Community and Economic Development (DCED) by clicking here (EITC Business Guidelines).

OSTC
Pennsylvania businesses use the DCED’s electronic single application system, found here. The business application guide provides detailed information. Please note the important dates above as applications are processed on a first-come, first-served basis by day submitted.