BLOCS Announces Historic Year of Achievement, to Award $250 Million to 43,000 Students
BLOCS Announces Historic Year of Achievement, to Award $250 Million to 43,000 Students
As the fiscal year concludes, the largest scholarship organization in PA sets records.
BLOCS, Pennsylvania’s leading scholarship organization dedicated to the PA Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC), is proud to announce a year of historic achievement in fundraising.
As BLOCS closes the end of their fiscal year, the non-profit organization is pleased to report they are on track to raise $250 million in need-based scholarships.
Through this level of funding, BLOCS estimates they will be able to serve more than 43,000 students in the coming school year. This is the largest population that BLOCS has ever served in a single school year in its 40+ year history.
BLOCS CEO Rob Delany celebrates these achievements with the community of donors, schools, students, and supporters of the EITC program. “BLOCS is proud to reach this milestone of serving over 43,000 students in the coming year,” Delany said. “We are incredibly grateful to our more than 150 corporate donors, thousands of individual donors, and hundreds of school partners who work with us in each facet of the EITC program to create opportunities for deserving students.”
In addition to the increased number of students served, BLOCS also ensures that children receive the greatest scholarship support possible. Thanks to the efficiencies of responsible management, more than 98 cents of every dollar contributed to BLOCS is directed to a student as a need-based scholarship.
BLOCS is the leading scholarship organization dedicated to raising need-based scholarships through the Pennsylvania Educational Improvement Tax Credit (EITC) program. As an independent charitable organization BLOCS provides access to high-quality, value-based education for children ages Pre-K through 12th grade across the Commonwealth of Pennsylvania. Through the generosity of its donors, BLOCS partners with over 500 schools to provide over 40,000 need-based scholarships. More can be found at www.blocs.org.
Media inquiries, contact Garden Logan at 267.307.0922
View source version on businesswire.com: https://www.businesswire.com/news/home/20260709583201/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
2 Undervalued Stocks to Buy Before They Rebound