KeyBank Awards 16 Western Pennsylvania Organizations through EITC Program Totaling More than $525,000
KeyBank has awarded over $525,000 to 16 Western Pennsylvania organizations through Pennsylvania's Educational Improvement Tax Credit (EITC) program. The program offers tax credits to businesses contributing to qualified organizations, providing a 90% state tax credit for eligible contributions to schools offering tuition assistance for low-income students or approved Educational Improvement Organizations.
Individual grants range from $25,000 to $50,000, benefiting various educational institutions in greater Pittsburgh and Erie. KeyBank, with assets of approximately $188 billion as of September 30, 2023, operates across 15 states through approximately 1,000 branches and 1,300 ATMs.
KeyBank ha assegnato oltre 525.000 dollari a 16 organizzazioni della Pennsylvania occidentale attraverso il programma del Credito d'Imposta per il Miglioramento Educativo (EITC) della Pennsylvania. Questo programma offre crediti d'imposta alle aziende che contribuiscono a organizzazioni qualificate, fornendo un credito d'imposta statale del 90% per le contribuzioni idonee alle scuole che offrono assistenza per le tasse scolastiche a studenti a basso reddito o a organizzazioni per il miglioramento educativo approvate.
I singoli contributi variano da 25.000 a 50.000 dollari, beneficiando varie istituzioni educative nella grande area di Pittsburgh e Erie. KeyBank, con un attivo di circa 188 miliardi di dollari al 30 settembre 2023, opera in 15 stati attraverso circa 1.000 filiali e 1.300 sportelli automatici.
KeyBank ha otorgado más de 525.000 dólares a 16 organizaciones del oeste de Pennsylvania a través del programa de Crédito Fiscal para la Mejora Educativa (EITC) de Pennsylvania. Este programa ofrece créditos fiscales a las empresas que contribuyen a organizaciones calificadas, proporcionando un crédito fiscal estatal del 90% para las contribuciones elegibles a escuelas que ofrecen asistencia para la matrícula a estudiantes de bajos ingresos o a organizaciones de mejora educativa aprobadas.
Las subvenciones individuales varían entre 25.000 y 50.000 dólares, beneficiando a varias instituciones educativas en el área metropolitana de Pittsburgh y Erie. KeyBank, con activos de aproximadamente 188 mil millones de dólares al 30 de septiembre de 2023, opera en 15 estados a través de aproximadamente 1.000 sucursales y 1.300 cajeros automáticos.
KeyBank는 페셰릴라주 서부 지역의 16개 조직에 대해 525,000달러를 지원했습니다. 이는 펜실베이니아 교육 개선 세액 공제 (EITC) 프로그램을 통해 이루어진 것입니다. 이 프로그램은 자격이 있는 조직에 기여하는 기업에 세액 공제를 제공하며, 저소득 학생들을 위한 학비 지원을 제공하는 학교 또는 승인된 교육 개선 기관에 대한 적격 기부에 대해 90%의 주 세액 공제를 제공합니다.
개별 보조금은 25,000달러에서 50,000달러 사이로, 피츠버그 및 에리 지역의 여러 교육 기관에 혜택을 줍니다. 2023년 9월 30일 현재 약 1880억 달러의 자산을 보유한 KeyBank는 약 1,000개의 지점과 1,300개의 ATM을 통해 15개 주에서 운영되고 있습니다.
KeyBank a accordé plus de 525 000 dollars à 16 organisations de l'ouest de la Pennsylvanie par le biais du programme de Crédit d'Impôt pour l'Amélioration Éducative (EITC) de Pennsylvanie. Ce programme offre des crédits d'impôt aux entreprises qui contribuent à des organisations qualifiées, fournissant un crédit d'impôt de l'État de 90 % pour les contributions éligibles aux écoles offrant une aide financière pour les frais de scolarité aux étudiants à faible revenu ou aux Organisations d'Amélioration Éducative approuvées.
Les subventions individuelles varient de 25 000 à 50 000 dollars, bénéficiant à diverses institutions éducatives dans la région de Pittsburgh et d'Érié. KeyBank, avec des actifs d'environ 188 milliards de dollars au 30 septembre 2023, opère dans 15 États à travers environ 1 000 agences et 1 300 distributeurs automatiques.
KeyBank hat über 525.000 Dollar an 16 Organisationen in West-Pennsylvania im Rahmen des Pennsylvania Educational Improvement Tax Credit (EITC)-Programms vergeben. Dieses Programm bietet Steuervergünstigungen für Unternehmen, die an qualifizierte Organisationen spenden, und gewährt eine staatliche Steuervergünstigung von 90 % für förderfähige Beiträge an Schulen, die finanzielle Unterstützung für einkommensschwache Schüler oder genehmigte Organisationen zur Verbesserung der Bildung anbieten.
Die einzelnen Zuschüsse reichen von 25.000 bis 50.000 Dollar und kommen verschiedenen Bildungseinrichtungen im Großraum Pittsburgh und Erie zugute. KeyBank, mit Vermögenswerten von etwa 188 Milliarden Dollar zum 30. September 2023, ist in 15 Bundesstaaten durch rund 1.000 Filialen und 1.300 Geldautomaten tätig.
- Significant tax benefit with 90% state tax credit on contributions
- Strategic community investment enhancing brand value in Pennsylvania market
- Demonstrates strong financial position with $188 billion in assets
- None.
NORTHAMPTON, MA / ACCESSWIRE / December 12, 2024 / KeyBank
The Educational Improvement Tax Credit Program (EITC) awards tax credits to eligible businesses contributing to qualified organizations.
Today KeyBank announced it has awarded 16 Western Pennsylvania organizations with funding through Pennsylvania's Educational Improvement Tax Credit (EITC) program totaling more than
Under the program, Pennsylvania allows individuals and businesses to obtain a state tax credit equal to
"At KeyBank, we are dedicated to fostering the success of students by supporting a variety of organizations and programs that provide essential educational resources. Our mission is to empower students not only to excel in their studies but also to graduate successfully, thereby gaining access to valuable college and career-building opportunities," said Vic Laurenza, KeyBank's Western Pennsylvania Market President. "We recognize the significant impact of the EITC program and the vital role it plays in enabling us to contribute meaningfully to those organizations that are shaping and educating the leaders of tomorrow. By investing in education, we are investing in a brighter future for our communities."
The funding from Key ranges from
ABOUT KEYCORP
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately
Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
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SOURCE: KeyBank
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