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The Neffs National Banks donates EITC funds to educational foundations

Published October 15. 2020 03:00PM

The Neffs National Bank presented donations to nine educational foundations totaling $100,000.

The donations were given in March at the start of the COVID-19 pandemic, and were officially presented to representatives from eight of the foundations over the course of the last two weeks in September.

Those foundations included: Parkland and Northern Lehigh School District Education Foundations, Wildlands Conservancy, Inc., Commonwealth Charitable Management, Inc., Wildlife Information Center, Inc., Northwestern Lehigh Educational Foundation, Inc., Lehigh Carbon Community College Foundation, Circle of Season Foundation, Inc., and Carbon County Community Foundation.

These donations were made through The Neffs National Bank’s participation in the state’s Educational Improvement Tax Credit Program.

This program authorizes tax credits for contributions to educational improvement organizations and allows the bank to earmark their taxes to support these programs.

Many of these organizations have adapted their educational programs to virtual platforms amid the pandemic through the help of EITC donations.

The Neffs National Bank President/CEO Kevin Schmidt noted “these organizations are definitely facing uncertain times with increased budget constraints and the need to re-engineer their education programs. I would encourage local businesses to support these organizations either directly or through participation in the EITC program.”

The Neffs National Bank also launched its financial literacy program in March with financial education partner EVERFI, Inc. through the Commonwealth Charitable Management Inc. donation.

The online, interactive financial education resources are sponsored by The Neffs National Bank and are available to area school districts across Lehigh, Carbon and Northampton counties at no cost to the districts.

PRESS PHOTOS COURTESY THE NEFFS NATIONAL BANK Lehigh Carbon Community College Foundation Chairperson Ellen Millard-Kern and Executive Director of the Foundation Silvia Vargas received a check Sept. 24 in the amount of $5,000 from The Neffs National Bank President and CEO Kevin Schmidt.
Lehigh Gap Nature Center Director of Science and Education Chad Schwartz and The Neffs National Bank President and CEO Kevin Schmidt hold a $10,000 check presented Sept. 22 to the Nature Center.
Northwestern Lehigh Educational Foundation President DJ Wolbert, Secretary Valerie Creitz, and Development Director Amy Kinnon were presented a check in the amount of $5,000 from The Neffs National Bank President and CEO Kevin Schmidt on Sept. 22.
Northern Lehigh School District Education Foundation member Christine Stafford and Camp Director Tim Weaver received a donation of $20,000 on Sept. 23 from The Neffs National President and CEO Kevin Schmidt.