Frequently Asked Questions

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How does my contribution reach the schools?

You may designate your preferred school from our list of partner institutions, or you may request that your contribution be undesignated and used where needed most. The Jewish Scholarship, LLC makes contributions to local Jewish day schools through the Foundation for Jewish Day Schools (FJDS), a 501 (c)(3) organization. 

How do I claim my tax credit?

Each Member of the Jewish Scholarship, LLC will receive a PA K-1 and a Federal K-1 . These forms are used to claim the PA Tax Credit and possibly a Federal Charitable Deduction.

Is there a maximum or minimum contribution?

For a BUSINESS submitting its own application, the maximums are:

•EITC/OSTC/EIO: $833,333 contribution ($750,000 tax credit) 

•PKSO: $221,111 ($200,000 tax credit)

•There is no minimum for a business entity applying on its own. 

  

For INDIVIDUALS submitting through the Jewish Scholarship, LLC, please note:

•There is minimum participation of $6,200 for each of a 2 year commitment. 

•Pennsylvania has no maximum for individual participation through one or more SPEs.

Can I participate as an individual and a business?

•Yes! A business owner can participate in BOTH; as its business (C-Corp, LLC, LLP, etc) AND as an individual through an SPE.

•The individual does NOT need to reside, NOR does the business need to be incorporated in Pennsylvania, but Pennsylvania taxes must be paid in each case.

How do students qualify to receive these scholarships?

Students go through the regular scholarship application process at their school. For 2018, a student is eligible if their household income is not more than $85,000  plus $15,608 for each child in the family. For example, the income threshold for a family with one child is $100,608, and $116,216 for a family with two children.

Can I designate my contribution for a specific student?

You cannot designate your contribution to a specific student. However, you may designate a specific school or choose to have your contribution undesignated.  The schools make their own scholarship funding decisions for qualified students.

How can my business participate?

Businesses are encouraged to visit the Foundation for Jewish Day School's website for detailed information at https://jewishphilly.org/ways-to-give/eitc/. Please note the following information from the FJDS website:

  • Businesses should adhere to the important dates below. If submission is made just one day earlier, the application will be denied as the Commonwealth will read it as applying for the previous year and those funds have already been spoken for: 
  • May 15, 2018 as a renewing participant (either the 1st year of a new 2 year commitment or the 2nd year of an existing 2 year commitment). Participation in the program must be continuous in order to submit your application on May 15th. 
  • July 2, 2018 as a new participant or if your business is returning from a hiatus in participation. If you submit any time after July 3rd, you will most likely not be approved this year as the last of the funds are usually distributed to July 3rd applicants. (Note: Since July 1st falls on a Sunday this year, the state has moved the application date to July 2nd. DO NOT submit on the usual July 1st, otherwise the application will be rejected. It is imperative that you wait until July 2nd.)


EITC

The application is available from Pennsylvania's Department of Community and Economic Development (DCED) by clicking here (EITC Business Guidelines). 


OSTC
Pennsylvania businesses use the DCED’s electronic single application system, found here. The business application guide provides detailed information. Please note the important dates above as applications are processed on a first-come, first-served basis by day submitted.