QNB BANK SUPPORTS BIG BROTHERS BIG SISTERS’ HIGH SCHOOL BIGS PROGRAM THROUGH EDUCATIONAL IMPROVEMENT TAX CREDITS (EITC)

 

In photo from left to right: Carl P. Kessler (VP) and April Donahue, of QNB Bank, present John Wilson (Board President) and Ursula Raczak (CEO), of Big Brothers Big Sisters of Bucks County, with a check for $2,000 to support their High School Bigs Program.

Jamison, PA (July 2017) –QNB Bank designated $2,000 of their Educational Improvement Tax Credit (EITC) dollars to support Big Brothers Big Sisters of Bucks County (BBBSBC), in support of the agency’s High School Bigs Program. BBBSBC has High School Bigs programs in the Council Rock, Pennsbury, and Quakertown School Districts. In this program, high school students, called Bigs, are matched as mentors to elementary school students, called Littles, within their district. In the 2016-2017 school year, 32 elementary school students, were matched with High School Bigs. The Littles in these school-based programs made significant improvements both academically and socially, while they also increased in their ability to avoid risky behavior.

All EITC funds go directly toward supporting the in-depth screening and training of the High School Bigs, as well as the on-going coaching and guidance provided to both the Bigs and the Littles. This type of “match support” is a hallmark of the Big Brothers Big Sisters program, and helps to create successful, long-lasting mentoring relationships, with positive outcomes.

“QNB Bank’s mission includes operating in an environment in which our communities benefit from our corporate

citizenship,” said QNB Vice President, Carl Kessler. “We are honored to provide financial support to Big Brothers Big

Sisters of Bucks County.”

“High school students in this program gain valuable experience in leadership and community service, while the elementary students benefit from being paired with positive older role models who provide them with the academic and social support they need,” said Ursula Raczak, CEO, Big Brothers Big Sisters of Bucks County. “We rely on the funding from companies in our community, like QNB Bank, to enable us to provide important programs like this.”

The Department of Community and Economic Development EITC Program allows Pennsylvania businesses to provide funding to education improvement programs, in lieu of paying PA corporate income taxes. Businesses apply to the DCEC in early July each year and are notified if they are eligible for the EITC program. The tax credits are applied to scholarship and educational improvement organizations.  For more information on the EITC program, please go to www.newpa.com.

 

About QNB Bank

QNB Bank currently operates eleven branches in Bucks, Montgomery and Lehigh Counties and offers commercial and retail banking in the communities it serves. In addition, QNB Bank provides securities and advisory services under the name of QNB Financial Services through Investment Professionals, Inc., a registered Broker/Dealer and Registered Investment Advisor, and title insurance as a member of Laurel Abstract Company LLC.

About Big Brothers Big Sisters of Bucks County

Big Brothers Big Sisters of Bucks County, located in Jamison, Pa., is a donor supported, volunteer driven organization affiliated with Big Brothers Big Sisters of America.  As the premiere mentoring organization in Bucks County, BBBSBC has over 50 years of service to our local youth.  Programs provide children facing adversity with strong and enduring, professionally supported one-to-one relationships that change their lives for the better, forever. The agency has been consistently honored with the National Award for Program Excellence.

Visit: www.bbbsbc.org. Call: 215-343-8260.

 

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