The First National Bank of Greencastle has provided a $5,000 contribution to the Tuscarora Educational Foundation (TEF) through the Educational Improvement Tax Credit program from the Commonwealth of Pennsylvania for the upcoming 2005-06 fiscal year.
The Tuscarora Educational Foundation is a registered, nonprofit organization, administered by a diverse board of community volunteers. It channels tax-deductible contributions into grants and scholarships to provide additional educational projects and programs that directly benefit students in the Tuscarora School District.
Jeff B. Shank, president and CEO of The First National Bank of Greencastle presented the check at the Sept. 14 meeting of the foundation. "We are pleased to support the Tuscarora Educational Foundation. It is gratifying to know that of every dollar received by TEF, 95 cents is returned directly to the classrooms." he said.
Jack J. Hawbaker, chairman of the TEF, is encouraged by the support that The First National Bank of Greencastle has provided to the foundation. "The Foundation was founded in 1995 with the sole purpose of providing enhanced educational opportunities to students of the Tuscarora School District through the funding of grants proposed by individual teachers," he said. "TEF has become the vehicle through which individuals and businesses can contribute to the future of our students while enjoying the benefits of a tax advantage. We are hopeful that more businesses will follow in the footsteps of The First National Bank of Greencastle by contributing to this worthwhile organization."
The effects of Hurricane Katrina are being felt all over the country, not just in the South. Compassion led Dan Ryan Builders and their employees to reach out and help the Katrina survivors.
Over a two-week period, the company's 200-plus employees have exceeded their original goal of $25,000 in donations by collecting $28,994. Dan Ryan Builders more than matched the employee contributions with an additional $31,006 contribution. Dan Ryan Builders will present the American Red Cross with a check totaling $60,000 to help with the ongoing hurricane relief efforts.
"We are incredibly proud of our employees and our organization for their generosity in this time of immense need," said Justin English, human resource recruiter for Dan Ryan Builders. "Our employees have surpassed our expectations!"
Dan Ryan Builders is a residential construction company building in 35 communities throughout Maryland, Pennsylvania, Virginia, and West Virginia. Each year, Dan Ryan Builders sponsors and donates to both local and national charities. To learn more about Dan Ryan Builders, phone the Frederick, Md., headquarters at 301-696-0200 or visit their Web site at www.danryanbuilders.com.