For decades, the Chester County Historical Society (CCHS) has inspired local students to better understand our world through their innovative history programs.

The Society preserves and shares Chester County’s remarkable stories in powerful and relevant ways with thought-provoking programs for the area’s K-12 schoolchildren.

CCHS’s education programs include teaching at its museum or at community schools and through annual regional National History Day competition. CCHS President Elizabeth Laurent shared the thrill of watching local students understand history.

“At 2018 National History Day, when an eighth-grade student was asked what she concluded from her project, she replied ‘I learned that if you really believe in something, you should stand up for it,’” said Laurent.

These acclaimed programs comply with the state’s academic standards, and therefore qualify CCHS to receive supporting funds through Pennsylvania’s Educational Improvement Tax Credit Program. For the 14th consecutive year, CCHS has just received its 2018 EITC renewal.

In 2001, Pennsylvania became the first state to pass an education tax credit aimed at corporations and businesses. The EITC Program currently enables eligible businesses to gift up to $750,000 of its state tax dollars directly to educational improvement organizations, like the CCHS.

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The EITC funds CCHS receives are critical to its ability to offer quality educational programs at reasonable costs.

Businesses authorized to do business in Pennsylvania are eligible to apply for EITC if they are subject to one or more of the following taxes:

• Personal Income Tax
• 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, domestic/foreign marine)
• Mutual Thrift Tax
• Malt Beverage Tax
• Retaliatory Fees under section 212 of the Insurance Company Law of 1921

Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made, in an amount equal to 75 percent of the contribution up to a maximum of $750,000 per taxable year. This can be increased to 90 percent of the contribution if the business agrees to provide the same amount for two consecutive tax years.

Your business’s tax obligation can be turned into a meaningful donation to help educate local children.

For questions, please call Allison Snavely, the Chester County Historical Society’s Director of Development, at 610-925-4800 ext. 267, or contact the Pennsylvania Department of Community and Economic Development at 717-787-7120 or ra-eitc@pa.gov.

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