Tax Credits

Learn how you can turn up to 90% of your tax liability into scholarships for Philadelphia students.

Young girl smiling, sitting on her mother's lap
Tax Credits 101

What Are PA Educational Tax Credits?​​

Pennsylvania’s Opportunity Scholarship Tax Credit (OSTC) and Educational Improvement Tax Credit (EITC) programs enable donors to transform their tax dollars into scholarships for kids who are eager to learn at safe, quality tuition-based schools.

For a small out-of-pocket cost, donors enjoy dollar-for-dollar PA tax credits of 90% on their contributions, plus the opportunity for a small federal deduction.

Sign Up with CSFP to Contribute
What Types of Taxes Qualify?

Who Is Eligible?

The below individuals and businesses can receive tax credits by contributing to approved educational organizations like CSFP:

Businesses

Businesses registered in PA: S-Corp, sole proprietorship, LLC, LLP, or C-Corp

Owners/Shareholders

Owners or shareholders of PA-based corporations

Individuals/Households

Individuals or households with a minimum PA tax liability of $2,500
Jordan CSFP Student

Jordan

8th Grader
Jordan shares how her schoolmates, teachers, and connections at Greene Street Friends School made her time there special.
Meet Jordan
Make a Difference

Your Contributions =
Their Success

With the transformative power of your tax credits, you can help CSFP open doors of opportunity for students. Every dollar you contribute shapes a brighter future, fueling dreams and fostering potential.
Determine Your Credit

PA Tax Credit Calculator

Use the calculator to estimate your personal or your business’s donation cost through the PA Tax Credit Programs.
Please note: This is an estimate; consult a financial professional for accuracy.

PA Tax Credit Calculator

Tax Credit Informational Video

CSFP CEO Keisha Jordan with a student
Reasons To Support

Why Invest In CSFP?​

With 23 years of experience and multiple four-star ratings from Charity Navigator, CSFP provides scholarships for under-resourced children to attend tuition-based Pre-K-8th grade schools.

Through your support, our proven and consistent program can continue to serve those most in need through scholarships awarded by a lottery. Your contributions allow our random and need-based selection process to help up to three children per family find suitable schools.

Thanks to the continued support of businesses and individuals, 99% of our alumni graduate high school on time compared to 75% of Philadelphia public school students.

Support CSFP
Invest In #PhillyKids

Educational Tax Credits For Businesses

Using tax credits to fund CSFP scholarships is simple:
How Tax Credits Work
Determine the necessary tax credits for your company, adjusting as needed.
Contact CSFP to initiate the application process, with assistance provided throughout.
Apply early, as credits are distributed on a first-come, first-served basis.
For renewals or second-year commitments, apply by May 15th.
Utilize credits across various state taxes for added flexibility.
Apply for the exact amount of credits needed based on Pennsylvania tax responsibility.
Because of you, my kids could attend the school they would like and you give us an opportunity to choose the school we would like. We can not express our happiness and thanks enough with words.
Van P.
CSFP Parent

Sample Tax Credit Calculation

Personal Contribution
Donate
$5,000
Tax Credit (90%)
$4,500
Federal Savings
(using the average marginal rate of CSFP donors)
$120
Net Cost to Donors
$380

2 lives transformed through scholarships!

Business Contribution
Donate
$20,000
Tax Credit (90%)
$18,000
Federal Savings
(using the 21% corporate tax rate)
$420
Net Cost to Donors
$1,580

8 lives transformed through scholarships!

CSFP accepts donations from $2,500 to $833,333 as part of the tax credit program

Make Your Own Contribution

Educational Tax Credits For Individuals

Here’s how tax credits work for individuals:

Consult with a tax professional to determine desired tax credits.
Reach out to CSFP to initiate tax credit process.
Choose between setting up your own Special Purpose Entity (SPE) or joining CSFP’s fully-managed SPE.
Apply by May 15th or request a two-year commitment if managing your own SPE.
Upon approval, donate to CSFP and use credits to reduce state taxes by 90% of the donated amount.
Get Involved

Support Philadelphia Students

Ready to help us ensure every child in Philadelphia has the opportunity to receive a quality education? Join our efforts to empower parents and create long-term economic success for thousands of Philly kids.

Name