The Educational Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC) programs were established in 2001 to allow businesses to significantly reduce their PA State Tax liability by contributing to a nonprofit educational improvement or nonprofit scholarship organization. Individual and business contributions are then used to provide scholarships to eligible students.
Becoming a Donor is Simple
Make a 2-year commitment to a scholarship donation through BLOCS by redirecting your Pennsylvania state tax liability.
You then sign your LLC agreement and write your check to BLOCS. We then disperse the funds to the school of your choice or that of greatest need if your gift is undesignated.
BLOCS provides you with a K-1 for your donation, and your 90% tax credit is issued to you by the state.
Your tax credit can either be used to fund your year 2 commitment to BLOCS, or it can nearly double your annual donation to your designated school.