NAEF Gets Tax Credit Grant from Pa. American Water

Pennsylvania American Water (PAW) recently awarded a $2,500 grant to the Norristown Area Education Foundation (NAEF) through the company’s participation in Pennsylvania’s Educational Improvement Tax Credit (EITC) program.

Pa. Senator John Rafferty (R-Montgomery) joined Norristown Area School Superintendent Janet Samuels, Norristown Area School District Chief Financial Officer Anne Marie Rohricht, NAEF Executive Director Jessica Schneider, NAEF Board Member Phil Daniels and PAW representative Melanie Horvath on Friday, Dec. 21 for a check presentation at the school district office.

According to PAW, the EITC grant program provides tax credits to eligible businesses that contribute to a scholarship organization or educational improvement organization. Companies that donate to an eligible organization are awarded Educational Improvement Tax Credits as long as state funding for the tax credits is available. Norristown Area School District Foundation is one of 20 organizations that Pennsylvania American Water recently awarded an EITC grant to further the services they provide to the community.   

"We’re pleased to be able to support the Norristown Area School District Foundation, which does such important work in providing exciting learning opportunities for the community’s young people," said PAW President Kathy L. Pape in a recent release. "With our donations through the EITC program, we are helping a broad range of organizations that provide classroom technology to public schools, support students seeking higher education, assist families in need and offer educational resources in our local communities."

Find more information about the EITC program at www.newpa.com.

Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest water utility in the state, providing water and/or wastewater services to approximately 2.2 million people. Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 7,000 professionals who provide drinking water, wastewater and other related services to an estimated 15 million people in more than 30 states and parts of Canada. More information can be found by visiting www.amwater.com.