Center School is pleased to have received a generous EITC donation from C&N Bank to support our scholarship program. This donation was presented by Southeast Region President, Blair Rush and Vice President/Commercial Lending Relationship Manager, Cynthia Zamroz, to Center School’s Head of School, Mindy Wawrzyniak.
C&N Bank has been a long time supporter of Center School, and it is always a pleasure to welcome them to our campus. During their visit, Mr. Rush and Ms. Zamroz had the opportunity to witness firsthand the impact of their donation and how it directly supports Center School students. Supporters such as C&N Bank are invaluable to our community and our mission.
EITC and OSTC programs allow businesses and individuals that pay taxes to the State of Pennsylvania to support scholarships for low/middle income students at schools such as Center School. In the process, these businesses realize remarkable tax advantages. EITC and OSTC are actual credits against most state taxes owed by the donor business, and 90% of the gift may qualify. In effect, it costs a dime to give a dollar. The contribution may also be deducted for federal tax purposes, further decreasing the out-of-pocket cost of making scholarship gifts for the benefit of Center School students.
EITC and OSTC donations to Center School are a vital part of Center School’s scholarship program. With these donations, students who may not otherwise be able to attend Center School due to financial limitations are able to access the specialized education they need.
The entire Center School community appreciates C&N Bank’s commitment to the mission of the School and the students and families it serves.