EDS (Economically Disadvantaged Schools) Program Tax Credit

EDS (Economically Disadvantaged Schools) Program

Organization: Business Leadership Organized for Catholic Schools (BLOCS)

Description: Tax credit program designed to support economically disadvantaged schools in Pennsylvania. BLOCS is the sole administrator for this program.

Program Details

• Tax Credit Rate: 99% (increased from 90% as of August 2024)
• Total Budget: $60 million with no cap for corporate donors
• Schools Served: 130 schools statewide

Eligibility Requirements (Schools)

• Designated as economically disadvantaged
• More than half of student body qualifies for Educational Improvement Tax Credit (EITC)
• Underperforming school districts

Eligibility Requirements (Donors)

• Subject to Pennsylvania taxes
• Businesses or individuals
• Can receive 99% tax credit on contributions

Geographic Scope

• Pennsylvania statewide
• Focuses on underperforming school districts

Focus Areas

• Support for students in underperforming districts
• Educational access for disadvantaged populations
• School funding and sustainability

Background

• Program established to help economically disadvantaged students
• 99% tax credit rate effective August 2024
• Significant expansion to incentivize corporate participation
• Administered entirely by BLOCS

Contact Information

• Address: 555 Croton Rd., Suite 120, King of Prussia, PA 19406
• Phone: 484-704-2300
• Website: blocs.org