The mission of The Children's Scholarship Fund of Pennsylvania is to ensure a quality
 faith-based education is available to all children in Pennsylvania.

August 31, 2012
New Deadline for Scholarship Applications

                       

Since 1998, The Children's Scholarship Fund has raised over 8.1 million dollars and has awarded over 7.7 million dollars.
Over 95% of contribution dollars received have been awarded as scholarships for families in our region.

The Children's Scholarhip Fund awarded 1150 scholarships in 2011/2012 school year to 894 families attending 37 schools in 14 Western Pennsylvania counties.

Educational Improvement Tax Credit Program

The Educational Improvement Tax Credit Program provides a tax credit against the state corporate income tax liability for contributions to Scholarship Organizations (like The Children's Scholarship Fund of Pennsylvania) which provide scholarships to eligible children attending private and faith-based schools.   A business may claim a tax credit worth 75% of its contribution for the K-12 EITC program.  Alternatively, if the business commits to two consecutive annual contributions, it may claim a tax credit worth 90% of its contribution. In either case, the maximum tax credit for a company is $300,000 in each year that a donation is made. 
 
$44.6 Million is set aside for the K through 12 scholarship program. 
$8,000,000 is set aside for Pre-Kindergarten EITC program. 

The Pre-Kindergarten program requires only a one year commitment.  Businesses will receive a 100% credit for the first $10,000, and up to a 90% credit on the remaining amount of the contribution.  Businesses can apply for credits up to a $150,000 for the Pre-Kindergarten program.

Educational Improvement Tax Credits are awarded to companies on a first-come, first-served basis (by the day) until the cap is reached.