WSFS Bank Donates $30,000 in EITC Funds

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WSFS Bank, represented by Brian Zwaan, Senior VP Manager of Commercial Lending, and Tricia Lefkov, VP Corporate Treasury Management, presented a check for $30,000 in EITC funds to Villa Maria principal Sister Regina Ryan, IHM on Thursday, February 16. The donation is part of their participation in Pennsylvania’s Educational Improvement Tax Credit (EITC) program. Villa Maria is very grateful for the bank’s support, which helps provides scholarships. Since EITC’s inception in 2004, Villa Maria has received more than $500,000 in donations and given scholarships to 145 students through this program.

Companies that do business and pay corporate and other taxes in Pennsylvania can receive substantial tax credits by redirecting their state tax dollars to Villa Maria in support of scholarships for under-served and deserving students. When a business partners with the Pennsylvania Tax Credit Programs, both the company and the student benefit.

For more information on how a company can earn tax credits for corporate donations, please contact Kathy McCartney (kmccartney@vmahs.org) or visit our EITC page.