What is the EITC Program?

EITC is the Educational Improvement Tax Credit, which allows companies to support local non-profit organizations and receive significant tax credits. Companies making a two-year commitment receive a 90% tax credit, while those making a one-year commitment receive a 75% credit.

The program is offered by the Pennsylvania Department of Community and Economic Development (DCED). Pittsburgh Community Broadcasting Corporation participates with the Reimagination Project through WYEP.

The Reimagination Project is a unique approach to music education for high school teens from the Pittsburgh region. WYEP partners with local producers, musicians, and recording studios to build the mentoring experience.

Over the past nine years, WYEP has engaged more than 240 young musicians looking to hone their skills, learn about the music industry and prepare to launch their careers. Reimagination alumni include GRAMMY-Award winning artist Daya, Emmy-Award winning artist Jessica Bitsura, American Idol contestant Sloane Simon, and blues phenom, Pierce Dipner.

Please apply early! State funds are limited and so the number of eligible companies may also be limited. You may apply is your business pays any of the following taxes:

• Corporate Net Income Tax

• Capital Stock Franchise Tax

• Personal Income Tax of S Corporation Shareholders, or partners in a limited or general partnership

• Bank and Trust Company Shares Tax

• Insurance Premiums Tax

• Mutual Thrift Institutions Tax

• Title Insurance Companies Shares Tax

The state’s guidelines and application may be found at https://dced.pa.gov/programs/educational-improvement-tax-credit-program-eitc/

Questions?

For more information about EITC and how your company may support WYEP’s Reimagination Project, please contact Jenniffer L. Burke, Director, Institutional & Special Giving at jburke@pittsburghcommunitybroadcasting.org or (412) 697-2931.

EITC Contribution Calculator

Samples for making a two-year commitment: