WCCF Receives $50,000 EOS Fund Contribution from Northwest Bank

February 26, 2018

Northwest Ostc Web

Northwest Bank Peters Township Office Manager Tyler Novak, left, and Vice President, Washington County Area Manager Christopher Claspy, right, with WCCF Chairman Edward Morascyzk, center.

Washington County Community Foundation (WCCF) Chairman Edward Morascyzk recently accepted a $50,000 contribution to the WCCF’s EOS Fund from Northwest Bank Vice President, Washington County Area Manager Christopher Claspy and Peters Township Office Manager Tyler Novak.

The EOS Fund awards scholarships to financially needy students, as determined by state income guidelines, who reside within the boundary of a “low-achieving” school to attend a participating non-public school or a participating public school outside of the recipient’s school district of residence through the Commonwealth’s Opportunity Scholarship Tax Credit (OSTC) program.

“Through our support of the Washington County Community Foundation, Northwest Bank has a fantastic opportunity to help fuel student success and provide K-12 scholarships to students for programs that may have otherwise been out of reach,” remarked Claspy.

Northwest Bank is a 120-year-old, full-service community bank founded in Warren, Pennsylvania, with over $9.3 billion in assets and 162 locations in Pennsylvania, New York, and Ohio.  Since 2007, the Bank has cumulatively contributed more than $310,000 to the Community Foundation through the Educational Improvement Tax Credit (EITC) and OSTC programs.

 “A loyal and generous supporter of the Foundation’s education funds, Northwest Bank should take great pride in knowing that their corporate contributions are helping many local students.  Their gifts are valuable investments in the future of our community and its children,” remarked Morascyzk.

In addition to the scholarships provided through the EITC and OSTC programs, the Foundation also administers more than 35 permanent post-secondary scholarships.  Applications for these post-secondary scholarships are currently being accepted and must be submitted by April 1 using the online scholarship application available on www.wccf.net.  The WCCF expects to distribute nearly $200,000 in scholarships to local students this spring.