Conestoga Bank donated $10,000 to SS. John Neumann and Maria Goretti Catholic High School, South Philadelphia, April 24 to provide scholarships for underprivileged students attending the school.
The bank provided its contribution through Pennsylvania’s Opportunity Scholarship Tax Credit (OSTC) program, which allows businesses to gain credit on their state taxes by providing tuition assistance in the form of scholarships to eligible students residing within the boundaries of a low-achieving school district to attend another public school outside the district or a non-public school.
“We’re delighted to support excellent education for youth in the Philadelphia area,” said Richard A. Elko, CEO of Conestoga Bank, headquartered in Chester Springs. “Neumann Goretti High School is one of several schools that Conestoga Bank supports through the Opportunity Scholarship tax program, and we are pleased to do so, and give back to the community and the youth that are a part of it.”
Neumann Goretti, which currently enrolls 592 students, formed in 2004 when St. John Neumann for Boys and St. Maria Goretti for Girls merged to form one co-ed school that provides a Catholic education in a safe and nurturing environment.