E-Newsletter - February 2020
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ACT NOW TO HELP ROMAN STUDENTS THROUGH EITC PROGRAM WITH BLOCS
Why send your personal Pennsylvania taxes to Harrisburg when you can redirect these dollars to financial aid for students at Roman Catholic High School?
The Business Leaders Organized for Catholic Schools (BLOCS) has a limited number of spots available for new participants to redirect their personal 2020 PA income tax liability of $5,000 or more to financial aid to Roman for this fiscal year. By utilizing the EITC / OSTC tax credit program in Pennsylvania, BLOCS has formed Special Purpose Entities (SPE) that allow for participants to redirect their PA tax dollars to Roman. By joining an SPE with BLOCS and making a 2-year commitment, you are able to receive a personal tax credit of 90% of the amount you donate. These credits will then be issued on a K-1 and applied to your PA tax liability by you or your accountant.
Essentially, instead of paying your personal PA taxes, you are redirecting these dollars to Roman as need-based scholarships for today's Cahillites...this school year!
We know it sounds too good to be true, but it really is a very simple process and can make a huge impact for our young men at Catholic High. Click the photo above to fill out the simple one-page application to get started. Submit the one-page form to Adam Gault '08, Director of Development, directly agault@RomanCatholicHS.com or call (215) 627-5487 EXT. 203 with any questions and more information.
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