Verizon supports BCRAC's arts in education programs
The Bradford County Regional Arts Council (BCRAC) has announced a recent donation from Verizon Pennsylvania in support of its arts in education programs.
State Rep. Tina Pickett joined Verizon Director of State Government Relations, Frank P. Buzydlowski, in presenting a check for the $5,000 donation to BCRAC's Director Emeritus, Brooks Eldredge-Martin.
"Verizon's participation in Pennsylvania's EITC program demonstrates our continued dedication to promoting the value of education," Buzydlowski said. "It's a win for the children and parents in the communities served by the Bradford County Regional Arts Council, and it's a win for companies like Verizon, which have an opportunity to invest in education and prepare our children to meet the unique challenges of living and working in the 21st Century."
The donation was made as part of Verizon's tax credit through Pennsylvania's Educational Improvement Tax Credit (EITC) program. Through EITC, eligible businesses can contribute donations to a Scholarship Organization, Educational Improvement Organization, and/or a Pre-Kindergarten Scholarship Organization. Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made. The tax credits awarded to businesses will be equal to 75 percent of their contribution amount, which can be increased to 90 percent upon the business committing for two years. In 2011, $60 million in tax credits was authorized to Pennsylvania businesses that participated in the program.
"The EITC program is an effective way for the state of Pennsylvania and companies to assist specifically qualified educational entities," stated Representative Pickett. "The Bradford County Regional Arts Council has proven success in early childhood education and I am delighted to see Verizon choose to use part of their tax credit in Bradford County."
The BCRAC, established in 1976, is a regional non-profit organization committed to the promotion and support of the arts and culture. For more information, visit BCRAC online at www.bcrac.org or www.facebook.com/BCRAC.
This article was submitted by the Bradford County Regional Arts Council.