ABOUT THE JSLLC

Background

The Jewish Scholarship, LLC is a Pennsylvania Limited Liability Company formed in 2015. The Company was organized for the purpose of affording to Members the opportunity to make contributions to the Pennsylvania Educational Improvement Tax Credit (EITC) and/or the Opportunity Scholarship Tax Credit (OSTC) programs. 

 

  • The EITC provides tax credits for gifts given in support of students who qualify for financial aid, while the OSTC specifically provides support for qualifying students from low-achieving school districts. These are districts with public schools that perform in the bottom 15% of Pennsylvania schools. Businesses may apply for both programs within a given year.


What is a JSLLC Special Purpose Entity?
A Special Purpose Entity is a pass-through partnership that exists solely for the purpose of obtaining Pennsylvania Education Improvement Credits (EITC/OSTC).  It enables the individual's Pennsylvania tax liability to flow through it for the purpose of participating in the EITC/OSTC program. It is the SPE which makes the application to the Commonwealth on behalf of its members. 


Membership in a JSLLC SPE is your vehicle to participation in the EITC/OSTC program to benefit our region's Jewish schools.
 

Thanks to the members of the JSLLC Special Purpose Entities, EITC and OSTC funds have provided needs-based scholarships to children attending the 10 Jewish day schools and 25+ Jewish preschools in the Philadelphia region. 


You can learn more about these tax credit programs at https://dced.pa.gov/programs/educational-improvement-tax-credit-program-eitc/.

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JSLLC Supports Jewish Education

The Jewish Scholarship, LLC makes contributions to our local Jewish schools through the Foundation for Jewish Day Schools, a 501(c)(3) organization. 


In the 2017-2018 school year, over $6.5 million in needs-based scholarships were awarded to children attending a Jewish day school in our region. In addition, nearly $800,000 in scholarships were awarded to over 200 children enrolled in Jewish preschool programs.

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Jewish Scholarship, LLC Board of Managers

Scott Barsky, CPA

Elliot Holtz

Joshua Weinberger, Esq.


Jewish Scholarship, LLC Executive Director

Gwen Horowitz

Email: Gwen@jewishscholarshipllc.com

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