Representatives from Waste Management joined by four students donned baseball caps at the Sept. 6 Marlins-Nationals baseball game to mark a $4.5 million scholarship pledge by the company.
A long-time supporter of the Step Up For Students Scholarship Program, the contribution will provide K-12 scholarships for low-income Florida students.
An oversized presentation check for $4.5 million equates to an estimated 895 scholarships for the 2013-14 school year. Since joining Step Up For Students in 2007, Waste Management has contributed more than $16 million to the program, and the company’s 2013 pledge of $4.5 million will bring the total to more than $20 million.
“At Waste Management, we are committed to making the communities where we do business better places to work and live,” said Waste Management Community Affairs Manager Dawn McCormick. “We see our involvement with Step Up For Students as an extension of that commitment, and are proud to help almost 900 Florida families find the school that best fits their child’s needs this school year.”
Step Up For Students, the nonprofit organization that administers the Florida Tax Credit Scholarship Program, anticipates serving more than 60,000 lowincome students across the state during the 2013-14 school year.
Through the Florida Tax Credit Scholarship Program, corporations with certain types of tax liabilities may redirect the tax to fund scholarships, and receive 100 percent tax credit for the contributions.
Waste Management, Inc. is North America’s leading provider of integrated environmental solutions, partnering with customers and communities to manage and reduce waste from collection to disposal while recovering valuable resources and creating clean, renewable energy.
Step Up For Students administers the Florida Tax Credit Scholarship program that is available to students who qualify for a free or reduced-price lunch and provides tuition assistance to the private school of their parents’ choice or transportation help to an out-of-district public school. Scholarships are funded by corporations that receive a dollar-for-dollar tax credit for their contributions.
For more information, visit www.stepupforstudents.org.