Support your favorite Educational Improvement Organization – EITC Credits Still Available

Friends of Education’s Special Purpose Entity is looking for donors including individuals who want to make EITC-qualified gifts this spring. We anticipate distributing funds before June 30, 2023.

This Special Purpose Entity is accepting gifts from businesses and individuals. The tax benefits are straightforward – it costs a dime to give a dollar. Some donors may realize additional tax benefits.

	*Charitable Deduction*	*EITC-qualified gift*
*Contribution*	$10,000	$10,000
*Federal Charitable Contribution Deduction (Assumes 25% rate)*	$2,500	$250
*State Tax Credit*	$0	$9,000
*Out of pocket*	$7,500	$750

Now is a great time to use the EITC program to support your organization’s education goals. Here is an overview of the program. For a printable version of the flyer, click here.

Email Todd Unger at todd.unger@pataxcredits.org or Jed Silversmith at jed.silversmith@paxtaxcredits.org with questions