Educational Improvement Tax Credit (EITC) Opportunities
Carnegie Library of Pittsburgh is an approved Educational Improvement Organization (EIO) under Pennsylvania’s EITC program. By participating, both businesses and individual taxpayers can provide essential funding for CLP’s innovative education initiatives while receiving substantial state credits.
Your EITC contribution enables students across our region to experience the joy and inspiration of dance, helping CLP bring immersive arts education to schools and communities that may otherwise lack access to these vital programs.
Corporate Giving Through EITC
The EITC program offers Pennsylvania-based businesses the opportunity to invest in arts education while receiving valuable state tax benefits.
Tax Benefits for Businesses:
- A one-year commitment provides a 75% tax credit on your contribution amount.
- A two-year commitment provides a 90% tax credit each year.
Eligibility:
Your company may be eligible to participate in the EITC program if the business is authorized to do business in Pennsylvania an dis subject to one or more of the following taxes:
- Personal Income Tax
- Capital Stock/Foreign Franchise Tax
- Corporate Net Income Tax
- Bank Shares Tax
- Title Insurance & Trust Company Shares Tax
- Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
- Mutual Thrift Tax
- Malt Beverage Tax
- Retaliatory Fees under section 212 of the Insurance Company Law of 1921
How to Apply:
- Consult with a tax advisor and determine eligibility
- Fill out the online application
Individual and Small Business Giving Through EITC
Carnegie Library of Pittsburgh donors can receive a Pennsylvania state tax credit of up to 90% of their tax liability through EITC by contributing through our fundraising partner, Friends of Education, LLC. You may be eligible for a tax credit from EITC if:
- A business firm employs you with a physical presence in Pennsylvania.
- You own one or more shares in a business with a physical presence in Pennsylvania.
- You file taxes jointly with your spouse, who owns shares or is employed by a business firm with physical presence in Pennsylvania.
Here’s How It Works:
- Eligibility: Consult with your tax advisor to confirm eligibility and liability.
- Agreement: Contact [email protected] to complete the joinder agreement for your 2026-2027 contributions.
- Deadline: Make your gift, designated to Carnegie Library of Pittsburgh, by December 1 to qualify for this year’s credit.
- Benefits: Once processed, you’ll receive a K-1 form reflecting your contribution and state tax credit.
- Email [email protected] today and see if you’re eligible to make an EITC gift!