Business Contribution Steps
Donating Your PA Taxes for AIM Scholarships through YOUR PA Owned Business
- Tax credits are awarded on a first-come first-served basis through completing a Single Application for Assistance each year.
- Applications for the second year of a two-year commitment are due May 15, 2020.
- Renewal applications for donors completing a two-year commitment are accepted starting May 15, 2020.
- New business applications are submitted on July 1, 2020.
- Tax credits are given for 75% of your business contribution, up to a maximum of $750,000 per year.
- Businesses making a two-year commitment receive a tax credit equal to 90% of the contribution.
- Please consult your tax advisor to maximize your potential tax savings.
The application takes less than 10 minutes to complete.
In a rush?
Click here to download the sample application, send it back to AIM Academy and we will apply for you on July 1, 2020!
Go to www.newpa.com/eitc and click “apply” at the top of the page.