UGI Energy Services gives $400,000 in scholarships
Recipients include Penngift Foundation
UGI Energy Services LLC, the midstream and energy marketing subsidiary of UGI Corp., and UGI Storage Company today announced their joint contribution of $400,000 to in 2017 to support over 60 student scholarships at schools and scholarship organizations across Pennsylvania.
The contribution was facilitated through Pennsylvania’s Department of Community and Economic Development Opportunity Scholarship Tax Credit (OSTC) program. UGI Energy Services has provided $1.6 million in scholarships through this program over the last four years. Scholarships provide tuition assistance for students living in low-achieving school districts to attend local, private and parochial schools.
“At UGI Energy Services, we recognize the importance of a quality education and know that not all families have the same opportunities to provide the best learning environment for their children,” said Joe Hartz, president of UGI Energy Services. “We are proud to support schools across the state and invest in our future workforce and community leaders.”
UGI Energy Services had the opportunity to visit one of its OSTC awardees, Penngift Foundation, at one of their partner schools, High Point Baptist Academy.
“We are so thankful for UGI Energy Services’ $8,000 scholarship donation,” said Managing Director at Penngift Foundation, Dr. John M. Cassidy. “This contribution will assist in providing students greater access to exceptional learning experiences offered at private schools.”
UGI Energy Services commemorated the donation with a presentation and welcomed Rep. Mark Gillen (R-Berks, Lancaster), Member of the Pennsylvania House of Representatives Education Committee. “Investing in the Opportunity Scholarship Tax Credit program is great for businesses and for families in the region,” said Rep. Gillen. “Schools and students throughout the state rely on these programs to provide quality education in a safe teaching environment.”
From the Cradle of Liberty Pennsylvania Leads the Nation with Private School Tax Credit Programs. Penngift foundation is Pennsylvania’s leading policy scholarship organization having two board members introducing the original Earned Income Tax Credit legislation in 2001 signed by Gov. Ridge and currently providing a private school leadership presence on the House education committee. Penngift Foundation Inc.’s paramount objective is developing a strategic donor base with Companies like UGI Energy Services for the future financial strength of private education from PA’s excellent Tax Credit Programs. Penngift’s long-term strategic initiatives include building expanding proprietary Tax Credit donor bases for private schools with financially needy families and securing Penngift’s reputation of integrity in setting standards for new Tax Credit policies and programs.
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The Opportunity Scholarship Tax Credit program is available to Pennsylvania businesses paying certain specific state taxes and deemed eligible for participation by the Pennsylvania Department of Community and Economic Development. This year was UGI Energy Service’s fourth year of participation in the Opportunity Scholarship Tax Credit program.