Educational Improvement Tax Credit (EITC)
Donors for 2021-2022

Upper Moreland Education Foundation Seeks Tax Credits for Local Businesses 

The Upper Moreland Education Foundation (UMEF) is approved annually for Pennsylvania’s Educational Improvement Tax Credit (EITC) program. EITC awards tax credits to businesses that make contributions to approved non-profit organizations like UMEF.

Businesses can apply for the tax credit program if they are subject to:

• Corporate Net Income Tax
• Bank and Trust Company Shares Tax
• Insurance Premiums Tax
• Capital Stock Franchise Tax
• Title Insurance Company Shares Tax
• Mutual Thrift Institutions Tax

Businesses that commit to one year of support receive a 75% credit. Those committing to two consecutive years receive a 90% credit.

All support via these tax dollars will be applied directly to innovative programs for the benefit of students in the Upper Moreland School District.