The PennZone

PITTSBURGH, Dec. 6, 2023 ~ KeyBank has awarded 21 Western Pennsylvania organizations with more than $500,000 in funding through the Educational Improvement Tax Credit (EITC) program. The program allows individuals and businesses to receive a state tax credit equal to 90% of their Pennsylvania state tax liability for eligible contributions made to schools that provide tuition assistance to students from low-income households or approved Educational Improvement Organizations.

Vic Laurenza, KeyBank's Western Pennsylvania Market President, said, "At KeyBank, we believe in supporting organizations and programs that help students succeed in school and eventually graduate and have access to college and career-building opportunities. We appreciate the EITC program and the opportunity to give back to the organizations that are educating the next generation of leaders."

More on The PennZone

• Targeting the Billion-Dollar U.S. Countermeasure Market With AI-Driven Biodefense Platform: Lunai Bioworks (N A S D A Q: LNAI)
• National Focus Turns to Global Conflict, Families of Veterans Lost to Suicide Call for Recognition
• New Global Standard for Transparency Across Critical Resources and Energy Markets: SMX (Security Matters) PLC (N A S D A Q: SMX)
• Forced Psychiatric Hospitalization Fails Vulnerable People: CCHR Urges Repeal Amid Rising U.S. Policies
• Surging Into High-Performance AI With $AMD Partnership, Patent Expansion, and Strengthened Balance Sheet: Avalon GloboCare Corp. (N A S D A Q: ALBT)

The funding from Key ranges from $20,000 to $40,000 and have been made to Aquinas Academy, Community Foundation of Fayette County, Crossroads Foundation, Extra Mile Education Foundation, Fund for the Advancement of Minorities through Education Inc. (FAME), Holy Family Foundation, Junior Achievement of Western PA, Pittsburgh Jewish Educational Improvement Foundation, Poise Foundation, The School at McGuire Memorial, Watson Institute Imani Christian Academy Lifesteps Inc., The Neighborhood Academy Washington County Community Foundation Angel's Place Inc., Greater Erie Community Action Committee Villa Maria Cathedral Preparatory Catholic School System Dr. Gertrude A. Barber National Institute Warren-Forest Counties Economic Opportunity Council Mercyhurst Preparatory School.

The EITC program is an important part of KeyBank's commitment to investing in communities across Western Pennsylvania. Through this program they are able to support local organizations that are making a difference in the lives of students throughout the region.

---

Show All News | Report Violation