CORPORATE TAX CREDITS AND MATCHING GIFTS
Tax Credits for Scholarships (EITC) for Pennsylvania Businesses
If your business or company pays Pennsylvania Corporate Income Tax or other state business taxes, you can donate to the Friends of St. Malachy Fund in lieu of paying up to $300,000 in Pennsylvania business taxes.
Combined with federal tax saving, the cost of donating can be close to zero. That’s because this is a tax credit rather than a deduction. Your company or business donation can help the children of low-income families in the Philadelphia area attend St. Malachy School.
Effective for 2008-2009:
Sub-S Corporations and Partnerships can now participate fully in the tax credit program. Tax credits will flow through to shareholders or partners personal income tax returns.
Corporate Matching Gifts
Many donations qualify for corporate matches. Often, gifts from retirees and spouses of employees also qualify. The donor should obtain a matching gift form from the company’s personnel office, complete the form and mail it along with the gift. Our Development Office will then certify the receipt of the gift and return to the company.
FOR ADDITIONAL INFORMATION OR TO OBTAIN FORMS, PLEASE CONTACT OUR DEVELOPMENT OFFICE 215/763-1305 OR DevelopmentDirector@stmalachy.us
- 18 Jun 2013 - 19:00
P.O.W.E.R. Local Organizing Committee
- 18 Jun 2013 - 19:30
Sunday Scripture Sharing
- 20 Jun 2013 - 19:00
Implementation Committees Meeting Night
- 23 Jun 2013 - 12:00
Pastoral Council Discernment Meeting
- 23 Jun 2013 - 11:00
P.O.W.E.R (Philadelphians Organized To Witness, Empower and Rebuild) meet every Third Tuesday of the month at 7:15 PM in the Rectory Dining Room.
Sunday Scripture Sharing: Every Tuesday from 7:30 - 8:30 PM at the library of the Gesu School, 1700 W. Thompson Street, Philadelphia, PA, we will discuss the readings of the coming Sunday with Fr. Neil.
Meet in Rectory Meeting Room
Every Sunday following the 10:00 AM Mass, the Hospitality Committee invites you to share community in the school hall.
All are welcome!