Reduce Taxes and Help Preschoolers Learn
A business firm may receive a tax credit equal to 100% of the first $10,000 contributed to a Pre-Kindergarten Scholarship Organization (United Way of Lancaster County) during the taxable year, and may receive a tax credit equal to 90% of any additional amount contributed during the taxable year, up to a maximum of $200,000 of tax credits per taxable year.
Business firms may apply the credit against the following:
• Personal Income Tax
• Capital Stock/Foreign Franchise Tax
• Corporate Net Income Tax
• Bank Shares Tax
• Title Insurance & Trust Company Shares Tax
• Insurance Premiums Tax excluding surplus lines, unauthorized, domestic/foreign marine)
• Mutual Thrift Tax
• Malt Beverage Tax
• Surplus Lines Tax
United Way of Lancaster County has been approved as a Pre-K Scholarship Organization by the Pennsylvania Department of Community and Economic Development (DCED). This designation allows us to deploy business tax credits to provide scholarships averaging $1,500 per child so qualified 3-6 year old children across Lancaster County can attend high-quality pre-kindergarten programs.