What Is EITC?
The Educational Improvement Tax Credit (EITC) program is a Pennsylvania Department of Community and Economic Development (DCED) initiative that allows businesses to receive substantial tax credits for supporting approved Educational Improvement Organizations (EIOs) such as the Charter Arts Foundation.
Through EITC, companies can redirect their Pennsylvania tax dollars to support local education and the arts—rather than sending those funds to Harrisburg. When businesses allocate their EITC contribution to the Charter Arts Foundation, they directly support the Lehigh Valley Charter High School for the Arts, helping ensure that students continue to learn and create in a world-class arts and academic environment.
Who Qualifies for EITC?
Any operating business authorized to do business in Pennsylvania and subject to one or more of the following state taxes may apply for the Educational Improvement Tax Credit:
- Capital Stock/Foreign Franchise Tax
- Corporate Net Income Tax
- Bank Shares Tax
- Title Insurance & Trust Company Shares Tax
- Insurance Premium Tax (excluding surplus lines, unauthorized, or domestic/foreign marine)
- Mutual Thrift Tax
- Malt Beverage Tax
- Retaliatory Fees under Section 212 of the Insurance Company Law of 1921
This makes EITC participation accessible to a wide range of corporations, financial institutions, and small businesses across the Commonwealth.
How the EITC Program Works
Businesses that contribute through the Pennsylvania EITC program can significantly reduce their state tax liability while making a meaningful community impact.
- Companies receive a 75% tax credit for their contribution (up to $750,000 per taxable year).
- The credit increases to 90% if the same contribution amount is made for two consecutive years.
By supporting the Charter Arts Foundation through EITC, your business:
- Helps sustain innovative arts education in the Lehigh Valley
- Earns positive community visibility and brand goodwill
- Keeps tax dollars local, directly benefiting students and the regional economy
The Charter Arts Foundation is an approved Educational Improvement Organization (EIO) under Pennsylvania’s EITC program.
To apply, visit the DCED’s Electronic Single Application System:
Apply for EITC Credits through DCED
Charter Arts Foundation: Approved EITC Programs
The Charter Arts Foundation is proud to offer several programs approved by the Pennsylvania Educational Improvement Tax Credit Program as innovative educational initiatives, including:
- Equipping the Facility: Creating specialized environments integral to the operation of the Lehigh Valley Charter High School for the Arts.
- Learning from the Masters: A pre-professional performance program where students learn directly from world-class professional artists.
- Creating STEAM: Igniting a passion for math and science through the integration of art and creativity.
These programs reflect our mission to empower students through arts-driven, experiential learning.
Thank You to Our EITC Partners
We extend our heartfelt gratitude to the following businesses and organizations for designating their EITC funds to the Charter Arts Foundation:
- Peoples Security Bank & Trust
- Capital Blue Cross
- UPMC Health Plan
- AmerisourceBergen Sourcing LLC
- Embassy Bank
- John Yurconic Agency
- Michele M. Tanzella CPA EA LLC
Your investment helps sustain the arts, education, and creative excellence that define the Lehigh Valley Charter High School for the Arts.
Ready to Learn More?
If your company is interested in learning how to support arts education through the Pennsylvania EITC program, the Charter Arts Foundation would love to connect.
Schedule a school tour, coffee meeting, Zoom call, or phone conversation—whatever works best for you.
Together, we can make sure that every student at Lehigh Valley Charter High School for the Arts has the opportunity to create, learn, and thrive.
Contact Amy Silver today to explore how your EITC contribution can make a lasting local impact. Contact: asilver@charterarts.org
About Charter Arts Foundation
The Charter Arts Foundation is an approved EITC Educational Improvement Organization.
The Charter Arts Foundation was formed in January 2012 to support the health, welfare and educational interests of the Lehigh Valley Charter High School for the Arts (Charter Arts). The Foundation’s purpose is to operate exclusively for the support and benefit of the school and its affiliated or controlled organizations that are publicly supported charities.
The registered office of the Foundation is, 321 East 3rd Street, Bethlehem, PA 18015.
The Charter Arts Foundation EIN number is 45-3986393.
The Charter Arts Foundation is served by eleven active board members composed of community leaders, business leaders, and current and former parents of a Lehigh Valley Charter High School for the Arts student.
How You Can Help
The Charter Arts Foundation exists to support the educational mission and long-term success of the Lehigh Valley Charter High School for the Arts (Charter Arts). To achieve this goal, we rely on the generosity of our community and the strength of programs like Pennsylvania’s Educational Improvement Tax Credit (EITC) program.