Friends Education Equity Collaborative (FEEC) Tax Program Credit for Individuals
Credits available NOW for 2019
The Friends Education Equity Collaborative was organized by staff and volunteers of 10 small Quaker elementary schools in the greater Philadelphia region. Local N-12 schools like Friends’ Central are partnering with the Collaborative.
The purpose of The Collaborative is to foster the growth of Quaker education by providing funding that makes a Quaker education accessible for more families.
For over a decade, Pennsylvania businesses have been providing scholarship dollars to Friends’ Central in exchange for state tax credits through the Educational Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC). Now, thanks to the Collaborative, the state tax credit opportunity is also available to individuals.
In 2016, the Collaborative formed a Special Purpose Entity (LLC) to help individual investors participate and receive state tax credit on up to 90% of their donations, as well as a federal tax deduction on the remaining 10%. Looking forward, the Collaborative is awaiting approval for more rounds of credits with two new LLC's.
If you qualify to participate in this opportunity, you will receive a 90% credit for your donation. You may also qualify for a federal deduction for the donation.
Click here to learn more, or feel free contact Kim Emmons-Benjet, Director of Annual Giving, at 610-645-4499 or email@example.com with any questions.