Mount Aloysius College recently issued the following announcement.
2022 EITC Lunch & Learn
May 4 @ 12:00 pm – 1:00 pm
Join Mount Aloysius’ Office of Institutional Advancement for a Lunch & Learn to understand how your business can support future Mounties through an EITC donation.
Date: May 4, 2022
Time: 12 – 1 p.m.
Location: Wolf-Kuhn Gallery; located within the Main Administration Building on Mount Aloysius College’s campus
Lunch will be provided, along with a virtual presentation from the Pennsylvania Department of Community and Economic Development.
Registration is required. Please RSVP by April 29, 2022.
Register Now
EITC at MAC. Pennsylvania provides tax credits for corporate contributions to Educational Improvement Organizations (nonprofits that support innovative programs in area schools). MAC meets this need through our Dual Enrollment program which allows high school students to receive college credit for applicable rigorous high school coursework.
What Does EITC Mean to Your Business? Tax Credits are worth 75% of the contribution; however, a 90% credit can be claimed if the corporation commits to two consecutive annual contributions. The maximum tax credit is $750,000 per taxable year. Mount Aloysius College strongly encourages two-year EITC commitments to maximize your tax plan. Tax Credits may be applied against the tax liability of a business for the tax year in which the contribution was made.
Questions?
Vanessa Houser, Director of Corporate & Foundation Relations
814-886-6628
Original source can be found here.
