EITC

EITC

The Barnes Foundation is an approved Educational Improvement Organization (EIO) under the Educational Improvement Tax Credit (EITC) program of the Pennsylvania Department of Community and Economic Development (DCED).

What is the Educational Improvement Tax Credit program?

The EITC awards tax credits of 75 percent of a contribution (up to a maximum of $750,000 per taxable year) to eligible businesses that make contributions to the Barnes Foundation’s approved educational improvement programs. Tax credits can be increased to 90 percent of the contribution if the business agrees to provide same amount for two consecutive tax years.


Is my business eligible?

Companies authorized to do business in Pennsylvania that are subject to one or more of the following taxes are invited to apply to participate in the EITC program:

  • Corporate net income tax
  • Capital stock franchise tax
  • Bank and trust company shares tax
  • Title insurance companies shares tax
  • Insurance premiums tax
  • Mutual thrift institution tax
  • Insurance Company Law of 1921
  • Personal income tax of S corporation shareholders
  • Personal income tax of S partnership partners

Approved Barnes Foundation education programs

Your contribution to the Barnes supports the following programs for School District of Philadelphia students:

Pictures and Words (K–3rd grades) integrates works of art in the Barnes collection with lessons that reinforce Pennsylvania Common Core State Standards for English Language Arts. The program teaches students about the narratives behind paintings in the Barnes collection and invites students to respond with their own creative narratives, poetry, and art.

The Art of Looking (5th and 6th grades) is modeled on STEAM education theory (science, technology, engineering, math, and art) that integrates the arts, design, and other disciplines in experiential activities and encourages students to develop math and science skills by studying how artists use scientific and mathematic principles to create art.

Crossing Boundaries (7th and 8th grades) supports core curriculum in social studies and art by encouraging students to study works of art that are unique to specific cultures, and to connect objects based on shared aesthetic principles, regardless of their geographic origins.


How to apply

For more information or assistance, contact Katie Andrews: 215.278.7121 or kandrews@barnesfoundation.org.


The Barnes Foundation gratefully acknowledges the following donors for their support:

kilne specter

M&T Bank

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Additional support through the EITC program provided by Aqua America, the Bancorp Bank, BNY Mellon, Brown Brothers Harriman, and Elliott-Lewis.