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Wednesday, October 16, 2024

Scholarships awarded through Pennsylvania's EITC program benefit local students

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State Senator Eugene Yaw | Pennsylvania

State Senator Eugene Yaw | Pennsylvania

Sen. Gene Yaw (R-23) recently participated in presenting $33,500 in scholarships to students attending several local schools through Pennsylvania’s Educational Improvement Tax Credit (EITC) program. The beneficiaries included St. John Neumann Regional Academy, St. Agnes Elementary School, Trinity Lutheran School, Epiphany Elementary School, New Covenant Academy, and Grace Christian Academy.

Yaw was joined by local state lawmakers and representatives from the Bridge Educational Foundation, M&T Bank, and Waste Management during the scholarship announcement event. The Bridge Educational Foundation is a recognized 501(c)(3) not-for-profit organization involved in managing these scholarships.

“Year after year, it is extremely rewarding to see how generous Pennsylvania businesses contribute to the Bridge Foundation through the EITC program,” Yaw stated. “These public-private partnerships strengthen our educational programs while expanding academic opportunities for our children throughout our state.”

Natalie Nutt, Executive Director of the Bridge Educational Foundation, emphasized the importance of these partnerships: “Pennsylvania’s EITC Program is helping to connect businesses like M&T Bank and Waste Management with their future workforces,” she said. “Bridge Educational Foundation is proud to be an ambassador for the EITC Program and to ensure its continued success it is important to bring together the stakeholders and celebrate the public-private partnership the EITC creates.”

The EITC program offers companies a 75 percent tax credit for funds donated to approved non-profit scholarship or educational improvement organizations; this increases to 90 percent for a two-year commitment.

For more information on the Bridge Educational Foundation, visit their website at www.bridgeedu.org. Constituents can find more state-related news on Senator Yaw’s website at www.SenatorGeneYaw.com or follow him on Facebook and Twitter @SenatorGeneYaw.

CONTACT:

Elizabeth Weitzel

717-787-3280

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