DVFS + EITC + OSTC = A formula for success!
Delaware Valley Friends School is an Approved Scholarship Organization under both the Educational Improvement Tax Credit (EITC) program and the Opportunity Scholarship Tax Credit (OSTC) program. Corporate donations received through these programs are earmarked exclusively for financial aid.
The cost of educating students with learning differences is extremely high because of the need for one-on-one instruction, highly trained teachers, small classes and sophisticated learning technologies. Quite often, the students we serve have fallen far behind, suffer from low self-esteem because of a lack of success in traditional school, and are in need of intensive remediation to bring them up to grade level.
The EITC and OSTC programs have opened the doors for our most needy families, providing critical financial aid to students who might otherwise not be able to consider enrolling at DVFS. The more money we raise through corporate donations under these programs, the more financial aid we can direct to families in need.
The way these programs work are as follows:
- Corporations must first apply for and be approved to receive tax credits through the Department of Community & Economic Development (DCED), which administers the program.
- Corporations must then donate the equivalent dollar amount to approved educational organizations.
- When a non-profit receives a gift through the program, they must send a receipt to the company specifying the amount of the donation.
- The company uses that receipt as proof to the State that they are entitled to the tax credits awarded.
- The company is also entitled to the Federal tax write-off for the charitable donation.
- The scholarship organization must report to the state each year on the amount of EITC or OSTC donations received and how many students received financial aid through those funds.
Companies can apply for EITC or OSTC Tax Credits by going to the OSTC-New PA website
and filling in the Single Application for Assistance Form.
For more information about how your company can support DVFS, please feel free to contact Randy Roach in the Development Office at 610-640-4150 or email Randy Roach
Matching Gifts: Double or triple your gift!
Click here to see if your company will match your gift.
Many employers sponsor matching gift programs and will match charitable contributions made by their employees or may match volunteer hours. Some companies even match gifts made by retirees and/or spouses. Consult your company’s Human Resources Department to find out if your company has a matching gift policy. If you send in your gift by mail, please include your company’s matching gift form with your gift. If you make a gift on-line, please send your company’s matching gift form to DVFS/Development, 19 East Central Avenue, Paoli, PA 19301. Corporate matching gifts to DVFS can double or even triple your donation!
United Way: #9967
Delaware Valley Friends School is proud to be a United Way agency. Individuals can search for Delaware Valley Friends School on the United Way website, or use our code: 9967. If you and your colleagues are participating in a work place United Way Campaign, please consider DVFS as your agency of choice. Consider running a United Way employee campaign within your company. It’s great for team building and helps make philanthropy part of your corporate culture. Please encourage your colleagues to select DVFS as their charity of choice. Corporate Partnerships: Become a DVFS Sponsor!
Area businesses can support Delaware Valley Friends School by becoming a corporate sponsor of a variety of special events. Opportunities are listed on our News & Events calendar throughout the year. Companies can also support DVFS by participating in on-campus careers days, providing internships for seniors interested in learning about a particular career or donating in-kind goods or services, special event space, auction items, etc. Please consider naming DVFS as the beneficiary of your corporate outing or fundraising event. How do I make a gift?
Click here to Make a Gift on-line!
Or contact the Development Office at firstname.lastname@example.org