Amplify your gift with EITC & OSTC tax credit programs

It’s an open secret: By taking advantage of Pennsylvania’s Educational Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC) program, you can receive a tax credit up to 90% for your donation to deserving Roman students. Yes — 90% back.

By making a one- or two-year commitment, you can participate in this extremely generous program that reduces your out-of-pocket spend. Best of all, Roman scholarship recipients get 100% of your gift.

Make an EITC/OSTC gift in four steps

Donating to Roman Catholic High School with up to 10x the impact is simpler than you might think — here’s how:

Check your eligibility. If line 12 of your most recent PA-40 tax return was $1,000 or more, you can participate.

Contact our team. Our Office of Mission Advancement will connect you with a partner scholarship organization that aligns with your goals and your contribution level.

Make your gift. Our partners will align you to a special-purpose entity that will earmark your funds for Roman. Simply make your check out to this entity.

File your K1 form. In February, you’ll receive a K1 form to submit with your taxes. It will make you eligible for your tax refund or credit, depending on your tax situation.

That’s it! You will receive your tax refund or credit — up to 90% of the value of your gift — while students receive 100% as scholarships.

Always consult with your tax advisor for complete information about tax deductions on gifts and your tax situation.

How much could you save? Calculate your PA tax credit.

Use this online calculator and learn instantly how far your gift can go. Many donors are amazed at how small their out-of-pocket expense is after receiving a PA tax credit through EITC & OSTC.

SEE MY SAVINGS

Note: This calculator serves informational purposes only. Always consult with your tax professional for complete information about how the PA State Tax Credit Program applies to your specific tax situation.

Donation to Roman Catholic High School	$10,000
PA Tax Credit (90% for 2 Year Pledge)	$9,000
Net Federal Tax Reduction for Contribution (based on 37% Tax Rate)	$370
Out of Pocket Cost	$630


Donation to Roman Catholic High School	$5,000
PA Tax Credit (90% for 2 Year Pledge)	$4,500
Net Federal Tax Reduction for Contribution (based on 37% Tax Rate)	$185
Out of Pocket Cost	$315


Donation to Roman Catholic High School	$1,000
PA Tax Credit (90% for 2 Year Pledge)	$900
Net Federal Tax Reduction for Contribution (based on 37% Tax Rate)	$37
Out of Pocket Cost	$63

Applying your EITC or OSTC tax credit

A gift to Roman Catholic High School can offset your Pennsylvania individual, or business, income tax liability. These tax benefits are not deductions, but direct credits off your tax liability.

The program is available to individuals or businesses with Pennsylvania tax liability. EITC and OSTC tax credits can be used for any of the following tax categories: