The Friends Education Equity Collaborative (FEEC)

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This Special Purpose Entity (LLC) of local Quaker schools and the Friends Council on Education formed in 2016 to collectively acquire tax credits offered through the Pennsylvania Education Improvement Tax Credit (EITC) and the Opportunity Scholarship Tax Credit (OSTC) programs. Qualified individuals now have the opportunity to take advantage of these tax credits to support qualified scholarship organization like Friends Select School.

Eligible investors who commit to a contribution of at least $3,000 for two years may receive PA income tax credits of 90% of their investment. Donations from individuals may also qualify for federal tax deductions.

The chart below is an example of how PA EITC tax credits can help both you and Friends Select School:

PA Taxable Income of Donor

$ 293,160

PA Tax of Donor

$ 9,000

Donated Amount

$ 10,000

PA State Tax Credit 90%

$ 9,000

Charitable Deduction 33%

$ 330

Cash Out from Donor

$ 10,000

Tax Savings

$ 9,330

Net Cost to Donor

$ 670


To find out if you qualify to participate in the Friends Education Equity Collaborative, click here.

For more information, contact:

Christine Jefferson
chrisj@friends-select.org
Director of Development and Alumni/ae Relations
215.561.5900, extension 141

Rebecca Rankin
rebeccar@friends-select.org
Director of Annual Giving
215.561.5900, extension 131