Education foundation benefits from EITC
The Greencastle-Antrim Education Foundation was honored to receive $8,000 from Waste Management. The contribution, which will benefit both the foundation and the Greencastle-Antrim School District, was donated through Waste Management's long-standing involvement in a Commonwealth program entitled the Educational Improvement Tax Credit.
The EITC provides tax credits to eligible businesses contributing to a scholarship or educational improvement organization. Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made.
The Greencastle-Antrim Education Foundation oversees a number of programs, including scholarships and a grant program for innovations in education.
EITC contributions were also received recently from Orrstown Bank and Graystone Tower Bank. “We are grateful for the participation of our partners in the business community, as their generosity assists us in our mission of serving as a catalyst for learning opportunities throughout the school district,” said Bill Gour, the foundation's executive director. .
For information concerning the Greencastle-Antrim Education Foundation, contact Gour at 717-597-1137.
For information on the EITC, contact the Tax Credit Division of the Center for Business Financing at the Department of Community and Economic Development at 717-787-7120. Application for the 2010-11 fiscal year should be submitted beginning July 1.
The EITC provides tax credits to eligible businesses contributing to a scholarship or educational improvement organization. Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made.
The Greencastle-Antrim Education Foundation oversees a number of programs, including scholarships and a grant program for innovations in education.
EITC contributions were also received recently from Orrstown Bank and Graystone Tower Bank. “We are grateful for the participation of our partners in the business community, as their generosity assists us in our mission of serving as a catalyst for learning opportunities throughout the school district,” said Bill Gour, the foundation's executive director. .
For information concerning the Greencastle-Antrim Education Foundation, contact Gour at 717-597-1137.
For information on the EITC, contact the Tax Credit Division of the Center for Business Financing at the Department of Community and Economic Development at 717-787-7120. Application for the 2010-11 fiscal year should be submitted beginning July 1.