Educational Improvement Tax Credit Program (EITC)
Lacawac is a recognized Educational Improvement Organization under the Educational Improvement Tax Credit program (EITC) of the Pennsylvania Department of Community and Economic Development. Through EITC, eligible Pennsylvania companies can receive tax credits equal to 75 percent of their contribution (up to $750,000 per taxable year), or up to 90 percent for two-year charitable commitments.
Companies can claim credits against the following:
• Corporate Net Income Tax
• Capital Stock Franchise Tax
• Bank and Trust Company Shares Tax
• Title Insurance Companies Shares Tax
• Insurance Premiums Tax
• Mutual Thrift Institutions Tax
• Insurance Company Law of 1921
• Personal Income Tax of S corporation shareholders or
Eligible entities include:
• C Corporations
• S Corporations
• Limited Liability Corporations
• Limited Liability Partnerships
• Sole Proprietorships
How to Apply
he EITC program includes Educational Improvement Organizations, as well as Scholarship Organizations and Pre-Kindergarten Scholarship Organizations. Lacawac is an Educational Improvement Organization (EIO), and businesses must apply specifically for EIO credits if they wish to support Lacawac. Businesses may also apply for the other types of credits, but the total amount can be no more than $750,000.
This year, all applicants will be required to submit applications electronically through newpa.com. Businesses renewing a two-year commitment may apply beginning May 15; new businesses may apply beginning July 1. Applications are approved on a first-come, first-served basis by date submitted. Last year, credits were fully exhausted within one week.
For complete details on participation in the EITC program and the approval process through the Commonwealth of Pennsylvania, please visit their website.
Academic Enrichment Science Programs at Lacawac
Participate in an in-depth investigation of the natural sciences at Lacawac’s field station and research center or at The PPL Wallenpaupack Environmental Learning Center (fully equipped resource facility with a 160-seat auditorium, science laboratory, and resource library). Through these interactive classroom experiences, your students will develop important scientific skills, from making observations to designing experiments and interpreting data.
Lacawac’s structured environmental and natural sciences lessons for either small or large groups will come to the classroom, school auditorium, or other school venue such as an afterschool program. Mobile Lacawac is a great way to supplement your curriculum with hands-on lessons tailored to the size of the group and grade level.
Lacawac offers an engaging and immersive experience for rising high school sophomores and juniors through a week-long summer camp where they will gain first-hand experience with field and laboratory techniques in the environmental sciences.
This 8-week summer internship program introduces high school freshmen, sophomores or juniors to a professional or scientific environment with an unforgettable summer week experience at Lacawac.