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Penns Manor Foundation

The Mission of the Foundation

The mission of the Penns Manor Area School District Foundation is to enhance and enrich and educational experience of our students by encouraging and supporting new projects and innovative programs.

The Penns Manor Area School District Foundation was formed to provide concerned individuals with the opportunity to contribute tax-deductible, charitable donations to enhance educational programs. The Foundation will periodically make grants to the district to further support technology, educational programs, academic scholarships, sports and wellness, and the performing arts. These grants will help the district better prepare our students for the 21st century marketplace.

The Foundation believes this program will allow the district to provide educational services above and beyond the existing program levels supported by state and local tax revenues.

How Can You or Your Business Get Involved?
 
The Penns Manor Foundation is an approved recipient of Education Improvement Tax Credit donations through our partnership with the Central Pennsylvania Scholarship Foundation.  The EITC program provides tax credits to eligible businesses contributing to a Scholarship Organization, an Educational Improvement Organization, and/or a Pre-Kindergarten Scholarship Organization.
 
Education Improvement Tax Credit: First-Come, First-Served
 
A business may receive a tax credit equal to 75% of its contribution to the Penns Manor Foundation, up to a maximum of $75,000 per taxable year. The tax credit may be increased to 90% of the contribution made, if the business agrees to provide the same amount of contribution for two consecutive years.
 
Applications for tax credits for each fiscal year are typically submitted in early July. All applications for the Education Improvement Tax Credit Program must be completed and submitted online using DCED’s Single Application for Assistance. Tax credit applications will be processed on a first-come, first-served basis by day submitted.
 
An approved company must provide proof to DCED within 90 days of the notification letter that the contribution was made within 60 days of the notification letter. Tax credits not used in the tax year the contribution was made may not be carried forward and are not refundable or transferable.

Business firms may apply the credit against the following:
 
Personal Income Tax
Capital Stock/Foreign Franchise Tax
Corporate Net Income Tax
Bank Shares Tax
Title Insurance & Trust Company Shares Tax
Insurance Premiums Tax (excluding surplus lines, unauthorized, domestic/foreign marine
Mutual Thrift Tax
Malt Beverage Tax
Retaliatory Feeds under Section 212 of the Insurance Company Law of 1921
 
Please note, the definition of a business firm includes pass-through entities and special purpose pass-through entities, but it does not include sole proprietorships or entities not subject to tax.
 
Penns Manor Foundation Approved Programs
 
High School Marquee - Fully Funded
Elementary School Marquee - Fully Funded
 
Stadium Renovations - Partially Funded, Spots Still Available!
Greenhouses - Partially Funded, Spots Still Available!
 
High School Outside Entrance - New Project! Seeking Donors!
Nature Trail Improvements - New Project! Seeking Donors!
Playground Equipment - New Project Seeking Donors!
 
Steps to Making an EITC Contribution
  1. Submit online application: go to dced.pa.gov – click on “Programs and Funding” – then “Single Application”.
  2. The Commonwealth will send you a letter notifying you if you are approved to make EITC contributions.
  3. Your company then makes a donation within 60 days of the notification letter. The Penns Manor Foundation will send you a receipt with the information required by EITC. Your company then sends this receipt back to the Commonwealth.
  4. The Commonwealth then proves you with a letter completing the EITC process, which your company will include with the tax return on which you apply the credit.