Northeast Times

More than quarter-million donated for scholarships

Stu­dent aid: Above, Pres­id­ent of Little Flower School, Sis­ter Donna Shal­low, listens to State Rep. Brendan Boyle dur­ing a news con­fer­ence at St. Hubert High School on Oct. 28. Al­most $269,000 in schol­ar­ship money was donated by eight busi­nesses. Stu­dents in 30 schools will be­ne­fit from the con­tri­bu­tions. BRAD LAR­RIS­ON / FOR THE TIMES

Al­most $269,000 in schol­ar­ship money was donated last week by eight busi­nesses that par­ti­cip­ated in the state Edu­ca­tion­al Im­prove­ment Tax Cred­it pro­gram.

The Har­ris­burg-based Bridge Edu­ca­tion­al Found­a­tion made the an­nounce­ment dur­ing an Oct. 28 news con­fer­ence at St. Hubert High School.

The par­ti­cip­at­ing busi­nesses are Ae­gis Se­cur­ity In­sur­ance, Ches­apeake En­ergy, CSX Trans­port­a­tion, En­ter­prise Hold­ings, Mal­ady & Wooten, Penn Jer­sey Pa­per, United­Health­care Com­munity Plan and Waste Man­age­ment. They donated $268,950 in EITC schol­ar­ship money.

Bridge Edu­ca­tion­al Found­a­tion provides a bridge between Pennsylvania em­ploy­ers and stu­dents, help­ing more than 11,000 fam­il­ies with stu­dents in 500-plus schools spread out across 59 counties.

“We are pleased to be a part of one of the most in­nov­at­ive and suc­cess­ful edu­ca­tion pro­grams in the coun­try,” said Joseph Gerdes, a Bridge founder. “Our part­ner­ship with for­ward-think­ing cor­por­a­tions make it pos­sible to help thou­sands of fam­il­ies each year with tu­ition aid.”

In all, stu­dents in 30 schools be­nefited from last week’s con­tri­bu­tions.

Those schools in­cluded Arch­bish­op Ry­an, Fath­er Judge, Little Flower, Naz­areth Academy and St. Hubert high schools; Holy In­no­cents, Naz­areth Academy, Re­sur­rec­tion Re­gion­al, St. An­selm, St. Cecil­ia, St. Chris­toph­er, St. Domin­ic, St. Mar­tin of Tours and St. Mat­thew ele­ment­ary schools; CORA Ser­vices Early Years Preschool; Holmes­burg Baptist Chris­ti­an School; Lassin Early Learn­ing Cen­ter Preschool; North­east YMCA Preschool; and Con­greg­a­tions of Shaare Shamay­im Preschool.

Elec­ted of­fi­cials in at­tend­ance were state Sens. Mike Stack and Christine Tartagli­one and state Reps. John Taylor, John Sabat­ina Jr., Kev­in Boyle, Ed Neilson and Brendan Boyle.

“The Edu­ca­tion­al Im­prove­ment Tax Cred­it de­liv­ers bet­ter edu­ca­tion­al op­por­tun­it­ies for our chil­dren and a bet­ter fu­ture for our com­munit­ies be­cause EITC schol­ar­ships be­ne­fit every­one in­volved,” Stack said. “To the fam­il­ies who are re­ceiv­ing these unique and worth­while schol­ar­ships: con­grat­u­la­tions. To the com­pan­ies in­vest­ing in our chil­dren: thank you for mak­ing a dif­fer­ence.”

The schol­ar­ship dona­tions an­nounced last week are part of EITC’s Pre-Kinder­garten and K-12 pro­grams. The Pre-Kinder­garten ini­ti­at­ive provides com­pan­ies with a tax cred­it equal to 100 per­cent of the first $10,000 con­trib­uted to a pre-kinder­garten schol­ar­ship or­gan­iz­a­tion dur­ing the tax­able year. The com­pan­ies may re­ceive a tax cred­it equal to 90 per­cent of any ad­di­tion­al amount con­trib­uted dur­ing the year, up to a max­im­um of $200,000 per year.

The K-12 EITC tu­ition pro­gram provides com­pan­ies with a 75-per­cent tax cred­it — 90 per­cent for a two-year com­mit­ment — for funds donated to ap­proved, non­profit schol­ar­ship or edu­ca­tion­al im­prove­ment or­gan­iz­a­tions. Busi­nesses may donate up to $400,000 per year through the K-12 pro­gram.

“En­ter­prise Hold­ings be­lieves strongly in the value of edu­ca­tion,” said Bobby Keyes, a gradu­ate of St. Mat­thew and Fath­er Judge and the com­pany’s vice pres­id­ent and gen­er­al man­ager in south­east­ern Pennsylvania. “Our com­pany has helped hun­dreds of fam­il­ies across Pennsylvania dur­ing the sev­en years we have par­ti­cip­ated in Pennsylvania’s EITC pro­gram. Our com­pany is cel­eb­rat­ing its 57th year in op­er­a­tion and is proud to sup­port the com­munit­ies that have made it suc­cess­ful over the past five dec­ades.” ••

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