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.
Each Member of PEP will receive a PA K-1 and a Federal K-1 . These forms are used to claim the PA Tax Credit and possibly a Federal Charitable Deduction.
•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 the Pennsylvania Education Partnership LLC, please note:
•There is minimum participation of $6,200 for each of a 2 year commitment.
•Pennsylvania has no maximum for individual participation through one or more SPEs.
•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.
Students go through the regular scholarship application process at their school. For 2018, a student is eligible if their household income is not more than $85,000 plus $15,608 for each child in the family. For example, the income threshold for a family with one child is $100,608, and $116,216 for a family with two children.
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.
Businesses should contact PEP at firstname.lastname@example.org to join one of the PEP Special Purpose Entities.
Businesses wishing to apply directly for tax credits are encouraged to visit the Foundation for Jewish Day School's website for detailed information at https://jewishphilly.org/ways-to-give/eitc/. Please note the following information from the FJDS website:
The application is available from Pennsylvania's Department of Community and Economic Development (DCED) by clicking here (EITC Business Guidelines).
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.