This past week, Moravian Academy received two generous donations from local businesses through the EITC PA Tax Credit Program.  The Educational Improvement Tax Credit Program in Pennsylvania encourages private businesses to contribute to eligible schools in exchange for substantial tax credits. Donations made through this program are used for financial aid. In 2007-2008, twenty-one businesses donated to Moravian Academy in this way, contributing more than $190,000.
Selective Insurance Company and Hampson Mowrer Kreitz Insurance Agency, through the Bravo Foundation, identified Moravian Academy as a gift recipient and a presentation was made at the Quakertown Christian Academy .  Several other schools were also identified and checks were presented on October 2nd.  Lehigh Fuels presented a check to Director of Development Bob Zaiser on October 8. This is the second consecutive year that Lehigh Fuels has donated to Moravian Academy .
All of the students, faculty and staff appreciated the generosity of these businesses and are pleased that this statewide program is in place to help the students of Pennsylvania .