top of page

DONATE  TO  UAP

What is the Educational Improvement Tax Credit? (PA EITC)

The Pennsylvania Educational Improvement Tax Credit (EITC) program provides an opportunity for eligible businesses and individuals in Pennsylvania to direct their state tax payments towards education programs provided by the Universal Academy of Pittsburgh.

 

Instead of paying your state taxes, you and your business can channel those funds into scholarship and educational programs for students and get tax credits worth up to 90% of the PA state tax you pay.

The 5-Step Process 

For Buisnesses​

  1. Apply Online: Your business submits an online form via email to participate in the PA EITC tax credit program. 

  2. Receive Approval: The PA Department of Community and Economic Development (DCED) grants official approval letters.

  3. Make Contribution: Capital contribution for the current year is made to the school within 60 days of receiving approval.

  4. Apply Tax Credit: Tax credits are applied directly against your business’s tax liability for the tax year the contribution was made.

  5. Verification Received: In February of the following year, your business receives verification documents confirming the tax credits have been applied.

The 5-Step Process 

For Individuals​

  1. Verify Your Tax Liability: Ensure you are a PA taxpayer with a PA State tax liability of at least $3,500. (Check Form PA-40, Line 12 of your most recent PA state tax return).

  2. Join the Program: Participate in the PA EITC/SPE Program by signing a Joinder agreement and sharing via email.

  3. Get Approved: Wait for your official award approval letter.

  4. Donate to UAP: Send a check for your donation amount (issued via EITC/SPE) directly to support UAP.

  5. Receive Tax Credits: 90% of your donation is recorded as a credit against your PA State tax liability for the upcoming tax year.

Questions on EITC

How to Donate Securities to Universal Academy of Pittsburgh

Supporting the Universal Academy of Pittsburgh (UAP) is not limited to cash gifts. Donating appreciated assets, like stocks, mutual funds, or bonds, is one of the best, tax-efficient ways to help the school while enhancing the impact of your generosity.

​

When you transfer securities directly to UAP rather than selling them first, you avoid federal capital gains taxes completely. You can also claim a charitable tax deduction for the full current market value of your gift. This approach maximizes your support where it matters most.

​4-Step Guide 

  1. Complete the Security Donation Form. You’ll need to provide:

    1. Your contact details

    2. The specific stock or fund name and number of shares you're donating

    3. Your broker's contact information

  2. Submit your completed form directly to UAP Via email.

  3. Provide a copy of your completed form or written transfer instructions to your financial advisor or brokerage firm. They will handle the electronic transfer into UAP’s brokerage account using the DTC details listed on the form.

  4. Once the shares arrive safely in UAP’s account, the team will send you an official tax receipt confirming the fair market value of your donation.

Questions on Securities

bottom of page