COURAGE FOR THE DEED;
GRACE FOR THE DOING
A gift to Shipley can provide your company with a substantial Tax Credit through the Educational Improvement Tax Credit (EITC) Program and the Opportunity Scholarship Tax Credit (OSTC) Program.

EITC and OSTC scholarship funds, enable the School to assist deserving and talented students from Chester, Delaware, Montgomery, and Philadelphia counties who otherwise would not be able to afford a Shipley education.

By making a contribution to Shipley’s scholarship fund, your company can save in Pennsylvania tax as much as 90% of the value of the gift. Please take a few moments to review this opportunity with your company’s tax advisor. Your support of Shipley through the EITC and/or OSTC Programs will help the School make its educational experience available to the most capable students regardless of their financial circumstances.

Guidelines

  • For the 2016-2017 program year, applications must be submitted electronically using DCED's Single Application for Assistance
  • Businesses must first go through a one-time registration process on the Single Application page in order to create a user name and password.
  • Businesses must submit their applications on July 1, 2016 in order to avoid being placed on a waitlist. Last Year, all available funding was depleted on the first day.
  • Applications for the second year of a two-year commitment may be submitted starting on May 16, 2016.
  • Businesses who have fulfilled their two-year commitment and wish to reapply to renew their two-year commitment may submit their applications starting on May 16, 2016.
  • Tax credits are given for 75% of the business's contribution to the Shipley scholarship fund, up to a maximum of $750,000 annually.
  • A business that agrees to make the same contribution for two consecutive tax years may receive a tax credit equal to 90% of its contribution, again up to a maximum of $750,000 annually.
  • Helpful links:

For further information on the EITC or OSTC Programs

List of 2 members.

"It is with great pleasure that I support Shipley through the Educational Improvement Tax Credit (EITC) Program. Not only does it make sense for INTECH from a business standpoint, but, more importantly, our participation is helping to open doors for talented students who are eager to take advantage of a Shipley education. It is such a worthwhile program; I can’t think of a reason why we wouldn’t want to participate!"
~William Schwartz, parent of Ali ’10 and Drew ’11, and Co-Owner of INTECH Construction

The following businesses have recently made contributions through the EITC and/or OSTC Programs: