Local corporations can impact a community in need, lower their tax liability and invest in proven programs for Sto-Rox children and youth by supporting Focus On Renewal’s (FOR) Father Ryan Arts Center, thanks to the Educational Improvement Tax Credit Program (EITC).
FOR has been approved as an educational improvement organization under the EITC for the Father Ryan Arts Center’s Reader’s Theater program and arts education programs for children and youth:
Reader’s Theater
Since 2008, more than 1,000 elementary school students from several schools and school districts have participated in Reader’s Theater at the Father Ryan Arts Center, including pupils from the low-income Sto-Rox School District. Reader’s Theater introduces second and third graders to theater and visual arts while improving their reading fluency, vocabulary and listening comprehension. This highly successful program has doubled and even tripled the elementary school students’ reading scores.
Arts Education Programs
At the Father Ryan Arts Center, a wide variety of arts education and enrichment programs for children and youth are offered year-round. Skilled artisans teach a plethora of classes and workshops ? from visual arts to performing arts ? to children and youth from 300 local families. These activities take place during the school day, after school, on weekends and during the summer months. In addition, programming is available for home-school students and those with physical and mental disabilities.
Focus On Renewal is one of educational improvement organizations to which businesses may make contributions and be considered for Educational Improvement Tax Credits from the Commonwealth of Pennsylvania. A list of educational improvement organizations can be found at newpa.com/eitc.
The Pennsylvania EITC program allows eligible businesses to direct a percentage of the Pa. state taxes to fund innovative educational programming. Businesses in Pennsylvania subject to one or more of the following taxes are eligible to participate in the EITC program:
· Corporate Net Income Tax
· Capital Stock Franchise Tax
· Bank and Trust Company Shares Tax
· Title Insurance Companies Shares Tax
· Insurance Premiums Tax
· Mutual Thrift Institution Tax
· Personal Income Tax of S corporation shareholders or Partnership partners