PA Tax Credit Programs (EITC)
Qualifying individuals and businesses have the opportunity to receive tax credits for supporting financial assistance for BFS students. Individuals and businesses in Pennsylvania can participate in the Friends Collaborative by making a minimum contribution of $3,000 per year for two consecutive years to support tuition assistance at BFS and fellow Quaker schools. In turn, participants receive a PA state tax credit for 90% of their contribution amount. As an example, a $10,000 Friends Collaborative gift to support tuition assistance has a net cost of just $1,000 to the donor – making this truly a win-win for donors and BFS! BFS receives at least 75% of every contribution from BFS donors, and the remainder supports scholarships at other Quaker schools in our area.