Educational Improvement Tax Credit (EITC) Program

What is the Pennsylvania Educational Improvement Tax Credit Program?

Businesses that support Temple may be eligible for a tax credit through Pennsylvania’s Educational Improvement Tax Credit Program. Temple University is a recognized Educational Improvement Organization (EIO) under Pennsylvania’s Educational Improvement Tax Credit Program. This program provides companies with a direct tax credit of up to 90% of their donation for a two-year commitment toward the amount a business owes in state taxes. Contributions to Temple through the EITC program leave companies with a much smaller state tax bill, while supporting Temple’s vital, high-quality educational programs serving children in Philadelphia’s public schools.

For more information, please visit the EITC website.

Why Temple?

Since its inception, Temple University has partnered with our community to increase educational access and opportunities for all Philadelphians through academic programs, community outreach initiatives, volunteerism and research. Temple’s innovative educational programs for Philadelphia’s public school children bring the resources and academic expertise of a comprehensive, national research university to children attending underresourced schools. 

Temple University has four EIO-approved programs

The Cecil B. Moore Scholars Program (CBMS) in Undergraduate Admissions

This is an initiative introduced in the fall of 2020 to help create an academic pathway from high school to college for students in North Philadelphia by reducing economic hardship or educational disruption. CBMS provides financial, academic and social support beginning in students’ senior year of high school. In partnership with Heights Philadelphia, Temple University engages high school seniors in a dual enrollment course, success-based advising, enrichment initiatives, precollege support and summer bridge programming. Each year, 40 high school students are selected to participate in precollege programming; 20–25 of those students who apply and are accepted to Temple University as incoming first-year students are awarded Cecil B. Moore Scholarships, a commitment by the university to cover full tuition and offer wraparound support throughout their four years of college. EITC funding received in support of this program is used for precollege instructional support for high school students enrolled in college exposure, academic and wraparound support program elements. 
Read about the first graduating class of Cecil B. Moore Scholars.

The Community Music Scholars Program (CMSP) of the Boyer College of Music and Dance

The CMSP works closely with the School District of Philadelphia to ensure that all students have access to music instruction. CMSP engages young children in creative arts education and challenges talented older children to reach their potential as musicians and in the classroom. Offered after school and on weekends, the program enhances the music curriculum of Philadelphia public schools and provides expert instruction through the Boyer College of Music and Dance with individual lessons in orchestral and band instruments; jazz and classical music instruction; classical, jazz and wind ensembles; and music theory classes for students in grades 3-12. 
Learn more about the Community Music Scholars Program. 

The K-12 Educational Initiative of the College of Engineering

This initiative provides firsthand experiential learning and career exploration for Philadelphia students interested in science, technology, engineering and math (STEM). The K-12 Educational Initiative offers a variety of engineering precollege full-day summer camps, precollege summer workshops and a six-week high school summer research program. These experiential learning programs provide middle school and high school students with hands-on, problem-based learning experiences, contextual learning via lab tours and demonstrations, and teamwork and leadership training. Campers explored the interdisciplinary fields of engineering, robotics, bioengineering, 3d printing, design thinking, problem-solving and more. These workshops are part of a larger Temple University summer program for students entering grades 10-12 to experience Temple Main Campus while exploring college majors through a variety of non-credit workshops. 
Read about the K-12 Educational Initiatives programming.   

The Philadelphia Healthy and Safe Schools Program (PHASeS) of the Lewis Katz School of Medicine

The PHASeS program is an educationally driven and trauma-informed initiative that supports scholastics, offers exposure to health careers for students, and improves the overall climate, behavior and academic standing of enrolled students. PHASeS provides a safe and inclusive school environment that teaches students to use resiliency and coping mechanisms to address the negative effects that violence and adverse childhood experiences (ACEs) have on students’ academic standing and overall experience. Three branches of programming under PHASeS provide comprehensive, year-round support, including during and after the school day, as well as over the summer months: Doctoring 101 elective; Health Care Careers summer camp; and Trauma-Informed Educational and Behavioral curriculum. PHASeS is piloted in three public schools, with a long-term goal of integrating the supplemental program into more Philadelphia public schools. In addition to direct interaction with students, PHASeS nurtures the school community by educating and supporting administrators, teachers and support staff. 

How does it work?

Your company’s charitable giving becomes a low-cost gift when you redirect your state business taxes to the participating EIO of your choice. 

  • A one-year commitment will earn you a state tax credit of 75% of your contribution up to a maximum of $750,000 per taxable year. A business that agrees to provide the same amount for two consecutive tax years will earn a credit of 90%. 
  • The noncredited portion of the gift can be claimed as a charitable contribution for federal tax purposes. 
  • Eligible entities include businesses subject to the following taxes:
    • Corporate Net Income Tax 
    • Capital Stock/Foreign Franchise Tax
    • Bank Shares Tax 
    • Title Insurance and Trust Company Shares Tax 
    • Insurance Premiums Tax
    • Mutual Thrift Tax 
    • Gross Receipts Tax
    • Tax under the Insurance Company Law of 1921 
    • Personal Income Tax

How does my company apply?

Submit your Single Application for Assistance electronically through Keystone Login Services. The business application guide explains the application process. Businesses must apply specifically for EIO credits if they wish to support Temple programs. 
 
New businesses may apply beginning July 1. Applications are approved by the Pennsylvania Department of Community and Economic Development (PA DCED) on a first-come, first-served basis by date submitted. It is strongly suggested to apply on July 1.  
 
PA DCED will send an approval letter to businesses awarded educational improvement tax credits. The business then has 60 days to mail its philanthropic contribution to Temple University c/o Corporate and Foundation Relations, Institutional Advancement, Conwell Hall, Suite 701, 1801 N. Broad St., Philadelphia, PA 19122. Temple University will issue a gift acknowledgment, which the business must send to PA DCED within 90 days of receipt of the original approval letter. After sharing this written acknowledgment with PA DCED, the business will receive the amount of tax credits outlined in the original approval letter. 

Questions?

For specific information on how this program can benefit your business, contact your accountant and/or financial advisor. To learn more about how your business can contribute to Temple through the EITC Program, please contact Corporate and Foundation Relations.
Phone: 215-926-2654.

Temple University is grateful for all contributions through the EITC Program.