Contribute to The Food Trust through the Educational Improvement Tax Credit program!
By contributing to The Food Trust through the Educational Improvement Tax Credit (EITC) program, businesses can receive significant tax savings while supporting The Food Trust’s work to help our region’s youth grow up healthy and strong!
What is the Educational Improvement Tax Credit?
The Educational Improvement Tax Credit (EITC) program, administered by the Pennsylvania Department of Community and Economic Development (DCED), enables businesses to receive a generous tax credit for donations made to eligible nonprofit Educational Improvement Organizations, such as The Food Trust, that provide innovative educational programs in local schools. Through the EITC program, a two-year commitment can earn your company tax credits equal to 90% of your contribution, and a one-year commitment will earn tax credits equal to 75% of your contribution—up to a maximum of $750,000 per taxable year.
Why The Food Trust
Since 1992, The Food Trust has worked to ensure that everyone has access to affordable, nutritious food and information to make healthy decisions. The Food Trust’s EITC-approved programs—the Young Children’s Nutrition Education Initiative and the HYPE (Healthy You. Positive Energy.) Youth Leadership Initiative—are helping our region's children grow up healthy and strong:
- The Young Children’s Nutrition Education Initiative encourages young children in grades K to 3 to develop an early understanding of healthy diets and nutritious foods. The program integrates nutrition education into the regular school curriculum and engages youngsters in a variety of activities, such as field trips to local farms, school or classroom gardening, and healthy cooking in the classroom. We currently work with more than 60 public schools in low-income communities of Philadelphia, Lansdowne, Norristown, Reading, Allentown, and Bethlehem.
- The HYPE (Healthy You. Positive Energy.) Youth Leadership Initiative engages youth as leaders in creating healthier schools and communities. School-based HYPE activities include student-led health promotion activities, such as youth gardening, after-school walking clubs, healthy school fundraisers, and student-led marketing campaigns to promote healthy eating and physical activity. The HYPE program also brings student leaders together from various schools for annual summits, where youth work as teams to share success stories and develop action plans to improve wellness in their schools and communities. During the 2016/2017 school year, we worked with more than 44,000 at-risk youth in 65 middle and high schools.
how to apply for eitc
How do I know if I’m eligible?
Eligible businesses are those authorized to do business in Pennsylvania and subject to one or more of the following taxes:
- Corporate Net Income Tax
- Capital Stock Franchise Tax
- Bank and Trust Company Shares Tax
- Title Insurance Companies Shares Tax
- Insurance Premiums Tax
- Mutual Thrift Institutions Tax
- Personal income tax
How to I apply to participate in the EITC program?
All applications for the Educational Improvement Tax Credit Program must be completed and submitted online using DCED’s Single Application for Assistance which can be accessed at http://www.newPA.com or www.esa.dced.state.pa.us. The Business Guidelines and Business Application Guide provide answers to frequently asked questions and more information on how to apply. To contribute to The Food Trust, you must apply for Educational Improvement Organization (EIO) credits.
The application window for businesses applying for first-time tax credits for the 2017-2018 program fiscal year (July 1, 2017 to June 30, 2018) opens on July 3. Applications are handled on a first-come, first serve basis.
For more information about the Food Trust and its EITC-approved programs, contact Elizabeth Weihmann at 215-575-0444, ext. 8242 or . To learn more about EITC, visit the DCED website, or contact the the DCED Center for Business Financing at (717)-787-7120 or RA-EITC@pa.gov.