We would like to share with you that Virtuous Academy is a 501c3 non- profit agency and is eligible to receive monies from companies like yours through the Education Improvement Tax Credit program (EITC). The EITC program is sponsored by the Pennsylvania Department of Community and Economic Development (DCED) and Virtuous Academy has been approved for this program. We serve low income families who aspire to send their children to an education institution such as Virtuous Academy but lack some or all of the financial resources. The EITC scholarship program gives them hope for a brighter future for their children and gives us the funding to operate without financial stress or restrictions. The great news is an EITC approved company that is authorized to do business in Pennsylvania will be awarded tax credits up to 75% if they make a monetary donation to an EITC approved non-profit organization! You can become a participant by doing the following: Contact the DCED Center for Business Financing, Tax Credit Division @ (717)-787-7120 or RA-EITC@pa.gov for eligibility. Applications are approved on a first-come-first-served basis by date received. Applications for FY12-13 will be accepted beginning July 2, 2012. You can also visit www.newPa.com/eitc for information on the application process. Let your contribution be a double benefit to your business and non-profit organizations such as Virtuous Academy. We have already received scholarship funds; we are truly grateful. This will provide 3 full scholarships for low income families and 1 partial scholarship. These scholarships will assist in providing computers, supplies, field trip fees, educational materials and curriculum enhancements for our economically disadvantage students. Please contact the DCED Center for Business Financing to see how you can benefit your business.