Indiana Gazette > Archives > News > Indiana County > Reduced educational tax credit affects nonprofits: "Funding for the tax credit was reduced from $75 million to $60 million this fiscal year. And it's to be reduced by $10 million more in the next fiscal year.
The program, which has been in place since 2001, is intended to spur donations from businesses to groups that grant scholarships and to groups that support educational programs in public schools - school foundations, arts councils, museums, libraries, science centers and youth organizations."
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