Center School has received a $2,500 donation from Republic Bank through the state’s Educational Improvement Tax Credit (EITC) program.

The funds will support the Abington-based private school’s scholarship program.

Republic Bank’s Anthony Cavaliere, Vice President and Retail Market Manager, and Jill Clegg, Assistant Vice President and Store Manager, recently visited Center School’s campus to present Head of School Mindy Wawrzyniak with the check.

EITC and OSTC (Opportunity Scholarship Tax Credit) programs allow Pennsylvania businesses and individuals who pay taxes to support scholarships for low- and 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 percent 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.

Learn more about Center School.