RED DRAGON FOUNDATION
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EITC Grants
​(Educational Improvement Tax Credit Program)


​For Companies wanting to give...

EITC--Educational Improvement Tax Credit Program

1. Companies can get 75% the first year they participate
2. Companies get 90% for 2 consecutive years for same donation
3. Business paying taxes in Pennsylvania
4. EITC gives kids a better chance for success
5. Can donate as much as $750,000 a year
6. types of taxes ( Pa. Business Tax)
   A. Corporate Net Income
   B. Capital Stock Franchise
   C. Personal Income Tax of Shareholders or Partners
   D. Bank & Trust Company shares Tax
   E. Insurance Premium Taxes
   F. Mutual Thrift Institution Tax
   G. Title Insurance Companies shares Tax

7. More information can be found under Pennsylvania Department of Community & Economic Development go to their web site!
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  • Home
  • About US
  • Alumni/Contact Us
  • Scholarship Opportunities
  • Activities
  • Forms