Touchstone is an Educational Improvement Tax Credit approved organization through the PA Department of Community and Economic Development. Our arts-in-education programs, Young Playwrights’ Lab (link to YPL page) and Building Bridges (link to Building ridges info under Custom Residences), are eligible under Article XVII-F of the Tax Reform Code of 1971, 72 P.S. Section 8701-F, et seq., such that tax credits may be awarded to businesses that make contributions. A business may receive a tax credit equal to 75% of its contribution to an Educational Improvement Tax Credit Organization, up to a maximum of $300,000 per taxable year. The tax credit may be increased to 90% of the contribution made, up to a maximum of $300,000 per taxable year, if the business agrees to provide the same amount of contribution to the organization for two consecutive years. Eligible businesses can submit applications for participation to the DCED. Go to www.inventpa.com.
Interested in becoming one of our EITC partners? Contact Bill George for more information at firstname.lastname@example.org or 610-867-1689.