- Last Updated on Friday, 30 January 2015 03:37
Washington County Community Foundation (WCCF) recently received a total of $81,500 in contributions from Northwest Savings Bank in support of local education programs, making the bank the single largest contributor to the Foundation's Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs in 2014.
|Northwest Savings Bank Washington Branch Manager Kim Shoup and Vice President and Washington County Area Manager Christopher Claspy with WCCF Trustee Judge Thomas Gladden.|
Through the Commonwealth's EITC program, a $15,000 gift was made to the EIO Fund (which awards grants to innovative programs at local public schools), a $10,000 gift was made to the EPK Fund (which awards need-based scholarships to students attending qualifying preschool programs), and a $6,500 gift was made to the ESO Fund (which provides need-based scholarships to students attending non-public K-12 schools).
Additionally, a $50,000 gift was made to the EOS Fund, which awards scholarships to financially needy students who reside within the boundary of a "low-achieving" school to attend a participating non-public school or a participating public school outside of the recipient's school district of residence through the Pennsylvania Department of Community & Economic Development's OSTC program.