EITC Contribution

Businesses Can Reduce State Tax Liability by Supporting Goodwill

Offered by the Pennsylvania Department of Economic Development (DCED), the Educational Improvement Tax Credit (EITC) Program provides businesses with a 75% tax credit when they contribute to qualified Educational Improvement Organizations such as Goodwill of the Southern Alleghenies.

The tax credit increases to 90% if your business commits to making the same contribution for two consecutive years. A business paying taxes in Pennsylvania can receive up to $750,000 in tax credit annually. Your contribution will enhance the programming experience of students enrolled in qualified programming at Goodwill of the Southern Alleghenies.

Goodwill instructor helping group of students to research careers on their computers

Your charitable contribution to Goodwill of the Southern Alleghenies through the DCED’s Educational Improvement Tax Credit (EITC) Program will enable public schools to systematically choose from a variety of Goodwill’s Innovative Educational Programs that are not feasible through their regular school budgets.

Which Businesses Are Eligible?

Businesses that pay the following taxes are eligible:

  • Personal Income Tax
  • Capital Stock/Foreign Franchise Tax
  • Corporate Net Income Tax
  • Bank Shares Tax
  • Title Insurance & Trust Company Shares Tax
  • Mutual Thrift Tax
  • Malt Beverage Tax
  • Retaliatory Fees Under Section 212 of the Insurance Company Law of 1921

Business Application Timeline for FY18–FY19

  • May 14, 2018: Business applicants who have fulfilled their two-year commitment and wish to reapply in FY18–FY19 to renew their two-year commitment.
  • May 14, 2018: Businesses in the middle of their two-year commitment.
  • July 2, 2018*: All other businesses including Pre-K business applications.

*First-time applications will be accepted beginning July 2, 2018 on a first-come, first-serve basis. Funds are often exhausted the same day or within days. Apply promptly on July 2.

DCED’s Application Process

Your tax professional can assist with the DCED’s simple online Business Application. For those businesses that are approved, the DCED sends approval letters during September or October. Approved corporations must then make their contributions to Goodwill of the Southern Alleghenies within 60 days, and provide proof of the contribution in the form of a written acknowledgement from Goodwill within 90 days of approval letter.

Download Goodwill’s EITC Flyer

For more information, visit www.dced.pa.gov/eitc

Online Shopping at Goodwill

Through the Shopgoodwill online auction site, you can experience a fun and exciting way to shop for specialty items such as one-of-a-kinds, collectibles, antiques, estate pieces, jewelry, nostalgic items, and more!

At Goodwill of the Southern Alleghenies, we know that our donors value their donations to Goodwill and want us to get the maximum value possible to support our mission. Listing these items on Shopgoodwill allows us to generate more revenue because these items go to the highest bidders who know the values of the items.

Donors can be sure that the revenue generated from the sale of their donated items on Shopgoodwill.com will support job training and employment services for people in their community – just as it does through purchases made in our 10 Goodwill Retail Stores.