EITC Pre-K Scholarship Program: CARE for Children’s Rainbow Corner Preschool is an approved Pre-Kindergarten program through the Educational Improvement Tax Credit (EITC) program. In 2001 the EITC program overwhelmingly passed the legislature and was signed into law by former Governor Tom Ridge. HB 996, the Educational Improvement Tax Credit, provides companies with a 75% tax credit for donations to a non-profit scholarship or educational improvement organization. The tax credit increases to 90% if the company commits to making the same donations for two consecutive years. A business paying taxes in Pennsylvania can receive up to $200,000 in tax credits annually. Businesses who are interested in supporting CARE’s early learning program and help working families afford a quality Pre-Kindergarten program: Visit the EITC page for more information.
EITC Pre-K Scholarship Program Contributors: We are proud and thankful for the generosity of the following companies who have contributed to the EITC Pre-K Scholarship program at Rainbow Corner Preschool for 2014-2015:
UHS of Pennsylvania
Northwest Savings Bank