Empowering families and children to seek better alternatives in education – that’s the role of the Bravo Foundation and the business partners who participate in Pennsylvania’s Educational Improvement Tax Credit program.
The Foundation and its supporting partners have become one of the largest and most active scholarship foundations statewide. The Bravo Foundation delivers scholarships to families that meet the criteria established by the Commonwealth.
Since September 2003, the Foundation has committed millions in scholarship money statewide. Working with committed, forward thinking companies, the Bravo Foundation has created solid public-private partnerships throughout the state to improve education for children. The EITC program is the truest example of a public-private partnership. It gives parents a choice -- and children a chance.
The Educational Improvement Tax Credit (EITC), provides companies with a 75 percentage tax credit for donations to a non-profit scholarship or educational improvement organization up to a maximum of $300,000 per taxable year.
The tax credit increases to 90 percent, up to $300,000 per taxable year, if the company commits to making the same donations for two consecutive years.Learn More
The EITC has enabled the business community to get more involved in education. Some 3,600 companies have pledged more than $350 million to the program. The children of Pennsylvania thank you!Learn More