Did you know? MTEF is an EITC-approved Organization!
To support MTEF by having your business take advantage of the PA Educational Improvement Tax Credit (EITC), visit www.newpa.com.
Why should you participate in the Educational Improvement Tax Credit (EITC)?
The EITC makes it affordable for you to contribute to the education of Pennsylvania's children--our future. The EITC makes it possible for you to direct tax dollars to those organizations, including local education foundations, of your choice rather than trusting government to choose how to spend your tax dollars. The EITC enables your business to become directly involved in the development of your future workforce by funding specific programs and, potentially, by becoming involved in direct provision of training or specialized educational programming. The EITC, therefore, is a win-win-win opportunity that permits your business to positively affect your future as well as fulfill community philanthropic obligations.
- Businesses Businesses are able to set educational and training agendas like never before. They help to set goals and participate in the process of ensuring education and training are appropriately targeted to help create a qualified, 21st century, labor force.
- Local Public School Districts Through their local education foundation public school districts receive new, active, funding from businesses with a vested interest in the program they offer students.
- Students Last, but most important, public school students benefit through targeted, pertinent and meaningful educational programming that prepares them for real-world jobs. The EITC program, unlike most government programs, provides demonstrably tangible benefits at all levels of its implementation. The EITC program is surely one of Harrisburg's best designed 21st-century programs and was developed with bipartisan support between the legislature and Pennsylvania’s citizenry.
It is easy to participate in this unique, one-of-a-kind program. Applications are due on July 1st of every year (when July 1st is on a weekend, the first business day after the 1st), and can be found at newpa.com/eitc. Or contact us by calling 717-735-1751, we will be very happy to assist you in your application and answer any questions that you may have about the EITC program.
More than 5,000 corporations have received over $584 million dollars in PA Tax Credits through this program!