JASP Upcoming Events
About JASP
JASP Membership
Support JASP
Volunteer: JASP
Keizai Koho FellowshipEducational Outreach JASP
Japan in the Schools
Pittsburgh Taiko
High School Japanese Speech Contest
Educator Resources
Business Contacts: JASP
JASP: Employment
JASP NewslettersJASP: Contact Us
JASP Other Resources
JASP Home


Support the JASP

The JASP is a non-profit organization dedicated to education about Japan and facilitating cultural understanding between the U.S. and Japan. To that end, since 1985, the JASP has provided a range of educational programs, business networking opportunities, members services, and cultural events for people in Western Pennsylvania.

Funded through memberships, fund-raisers, and grants, the Society pursues a balance of activities which include Educational Outreach programs for students and teachers, business, policy and culture programs, and support for Japanese Performing Arts in the region.

Today, the JASP has reached a plateau from which it can develop a permanent presence in Western Pennsylvania and broaden its efforts to promote U.S.-Japan understanding, exchange, awareness, and goodwill. Please see below for ways support this initiative and ensure the long-term financial stability of the Society.

The JASP will partipate in the Pittsburgh Day of Giving May 3.  Your donation will go farther with matching funds from the JASP Board of Directors and prizes from the Pittsburgh Foundation.  Please donate through the Pittsburgh Day of Giving website.

 


Powered by Wild Apricot Membership Website Software

 
 

 


The Japan-America Society of Pennsylvania

EITC at the JASP

 

 

If given a choice of either sending a check to Harrisburg to pay for taxes on your business earnings OR making a donation to the Japan-America Society of Pennsylvania to support students receiving Japan-centered educational programs in area schools, which would you choose?

 

You have such a choice through the Educational Improvement Tax Credit program (EITC)! Click here to see our EITC brochure.

 

Talk to your employer about receiving state tax credits for contributions to the JASP supporting our Japan in the Schools program. It's quite simple:

  • Applications can be found at www.newpa.org/eitc.Click on the link under guidelines.
  • Upon approval, make the company's donation to the JASP.
  • Receive a credit to offset business tax liability equal to 75% of the contribution for one year, or a credit equal to 90% of the contribution if company commits for two years (annual maximum of $300,000).
  • Entire contribution may be deducted 100% against federal net income, allowing the donation to cost the business nothing.

Recently passed legislation now makes all businesses eligible to participate in EITC. Prior to this change only companies owing Capital Stock Franchise Tax, Corporate Net Income, and Bank and Trust Company Shares Tax were eligible to offset with EITC. New to this year, EITC can offset Personal Income Tax of S-corporation shareholders, partnerships and limited liability company members. So whether you work for a major corporation or you own your own small business, "pass-through" entities can receive the credit.

 

The EITC program is a great way to ensure that your tax dollars support the things you care about! Please consider donating to the JASP today.

 

FAQs

Q: What businesses qualify to participate in the EITC?
A: Any business:

  • C-Corporations
  • Subchapter-S Corporations
  • Partnerships
  • Sole Proprietorships
  • Limited Liability Companiesthat pay any of the following Pennsylvania taxes:

Corporate Net Income Tax

Capital Stock Franchise Tax

Bank and Trust Company Shares Tax

Title Insurance Companies Shares Tax

Insurance Premiums Tax

Mutual Thrift Institutions Tax

Personal Income Tax Liability for S-Corp Shareholders

 

Q: Why are tax credits more attractive than a standard charitable donation?
A: While deductions reduce your amount of taxable income, tax credits reduce your actual tax bill, dollar-for-dollar. Tax credits are utilized AFTER your tax liability isestablished.

 

Q: How much of a tax credit can I get for my business through EITC?
A: The tax credit (against taxes owed) is equal to 75% of the contribution for one year.However, if a company makes the same commitment for two consecutive years, the credit becomes 90% for each year. Eligible companies may take up to $300,000 intax credits per year. In addition, full charitable deductions still apply with thiscontribution (including federal tax filings), increasing the value of the tax credit.

 

Q: Is it a complicated process for businesses to receive the tax credit?
A: Not at all.

  1. The application is just one page, which you submit to the PA Department of Community & Economic Development.
  2. Based on available funding and presuming the company does not owe back taxes, DCED will send an approval letter to the applicant.
  3. Upon approval from DCED, the company then has 60 days to make its donation designated for the Japan-America Society of Pennsylvania through:

Japan-America Society of Pennsylvania

600 Grant Street

Suite 444

Pittsburgh, PA 15219-2703

 

Acknowledgement from the JASP will be provided to business, which then has 90 days to send proof of its donation to DCED.

   


If you are interested in making a donation to the JASP and would like more information, please email the JASP at jasp@us-japan.org or call the JASP office at (412) 433-5021. Credit card donations are accepted by phone. Checks may be mailed to JASP, 600 Grant Street,Suite 444 Pittsburgh, PA 15219-2703.


Sponsors

 

Japan-America Society of Pennsylvania • 600 Grant Street, Suite 444 Pittsburgh, PA 15219-2703
Tel. 412 433-5021 • Fax. 412 433-5020 • jasp@us-japan.org