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8:55 PM / Sunday August 14, 2022

29 Sep 2017

Wells Fargo donates $100,000 towards K-12 scholarships in Philadelphia

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September 29, 2017 Category: Local Posted by:

2017-18 Sky Scholars with Sky Community Board Members, staff and supporters

 

The Wells Fargo Foundation has awarded $100,000 to Sky Community Partners, Inc.(Sky) for their K-12 Opportunity Scholarship Program (OSTC).  Sky is a local non-profit organization that provides K-12 scholarships to students of low-income families, living within the boundaries of a low-performing school.

The PA Opportunity Scholarship Program (OSTC) provides tax credits to eligible businesses contributing to scholarship organizations, like Sky Community Partners. Business contributions are then used by Sky to provide tuition assistance in the form of scholarships to eligible students residing within the boundaries of a low-achieving school to attend a nonpublic school of their choosing. Wells Fargo has participated in the OSTC program for three years. 

“Wells Fargo is committed to investing in high-impact programs that improve our communities,” said Aldustus Jordan, Senior Vice President and head of Wells Fargo’s Community Affairs group in the northeast United States. “Organizations like Sky Community Partners are doing great work that impacts families in-need across the city of Philadelphia.  There are many ways to positively impact the community, and we are proud to support our community through education.”

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From left: Cyra Copeland, Sky Board Member; Otis Hackney, Mayor’s Office of Education; Portia Fullard, Sky Program Director Aldustus Jordan, Wells Fargo; Dawn Chavous, Sky Board President; Eric Schreiner, Sky Board Member

Sky Board President, Dawn Chavous said “We are extremely grateful for the support of the Wells Fargo Foundation. The average income of our families for this year alone is just over $18,000.”  These are families who are committed to ensuring their children have a positive, safe, and high-quality educational experience.  We are honored to be in the position to offer the additional support.”

On Tuesday, September 26th, Sky Community Partners hosted its 3rd annual Sky Scholars Award Ceremony in the Conversation Room at City Hall. This annual event acknowledges each individual scholarship award recipient for the upcoming school year.  This year Sky awarded 84 scholarships to students in Grades k-12.  The average scholarship award is equal to $1,230.00.

Since 2012, Sky Community Partners has awarded over 600 scholarships ranging from $500- $8500 to Philadelphia students in Grades k-12.  Sky has been able to achieve this by partnering with over 20 local private schools across the city of Philadelphia. 

Sky works to improve outcomes in K-12 education by directly supporting families and students with financial resources and information.  Although one organization cannot effectively tackle every challenge facing these communities, Sky Community Partners is uniquely positioned to make a difference.  Partnering with companies like Wells Fargo, enables Sky to make that difference.

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