EITC TAX CREDIT SCHOLARSHIPS
If your business or company pays Pennsylvania Corporate Income Tax or certain other state business taxes, you can donate to the Frankford Friends School Scholarship Fund in lieu of paying up to $300,000 in Pennsylvania business taxes.
New for 2010: FFS is now an approved scholarship organization! That means you can make your donation directly to FFS — it will no longer go through the Philadelphia Foundation.
Combined with federal tax savings, the cost of donating can be close to zero. Thats because this is a tax credit — not a deduction. At almost no cost, your company can help make a Frankford Friends education available to a local low-income family.
Click here to download* a brochure describing this program and a simple one-page application.
For more information, please call or email Amy Silver O’Leary, Director of Development and Alumni Relations, at 610-917-2222.
Click here to download* the entire 2010 Business Guidelines packet, or go to the DCED site for more information.
*To view this file you will need Adobe Reader.