Miami, Fla. – November 16, 2011 – Step Up For Students, the Florida Tax Credit Scholarship Program, announced today that it has received a $15,000 contribution from Capacity Insurance Company to help low income students find the school that best fits their educational needs.
On Wednesday company officials visited elementary scholarship recipients at Brito Miami Private School, one of approximately 1,200 schools that accept the scholarship, to present their contribution.
Left to right: Capacity Insurance president Kevin Tromer and Brito alumna Idania Acosta join Step Up president Doug Tuthill , principal Beatriz Brito and scholarship recipients at Brito Miami Private School for the presentation.
Students left to right: Adriana Jimenez-Junior, Kimberly Garcia-2nd Grade, Claudia Calle-Junior, Jose Ferrer-8th grade, and Tabatha Fernandez-6th grade.
“At Capacity Insurance Company, we are firm believers in the power of quality education. And we know that not all children learn in the same way,” said Capacity Insurance president Kevin Tromer. “Providing educational opportunities for underprivileged Florida families is in perfect alignment with our personal and corporate goals of making a difference in our community.”
Capacity Insurance joined the scholarship program as a corporate partner this year with a contribution of $15,000, which will enable three children to attend a school of their parent’s choice. The scholarships are worth up to $4,011 per student to attend a private school, or a family can elect to use a $500 transportation scholarship to attend a public school in another county. Scholarships are means tested and are awarded to children whose household incomes qualify them for free or reduced lunch.
“The tremendous support from our corporate partners has enabled this scholarship program to provide equal educational opportunities to thousands of underprivileged students in Florida,” Step Up For Students president Doug Tuthill said. “Thanks to Capacity’s involvement in the program, more Florida families are empowered to choose the school that best addresses their children’s learning needs.”
Step Up For Students, the Florida Tax Credit Scholarship Program, enables corporations like Capacity Insurance to redirect up to 100 percent of their Florida corporate and/or insurance premium tax liability to a state‐approved scholarship funding organization (SFO) that provides K‐12 education scholarships for low‐income children. Since 2002, corporations like Capacity Insurance have contributed more than $900 million to the Step Up For Students Scholarship Program. Corporations participating in the program receive a dollar‐for‐dollar tax credit with the state, allowing corporations to redirect funds that they must already pay at absolutely no cost.
About Capacity Insurance Company
Capacity Insurance Company is a Florida-Domestic Property and Casualty Insurance Company. Founded in 1989 and Owned and operated by Floridians, Capacity is dedicated to protecting Florida businesses by providing fairly priced, comprehensive coverage combined with service that is beyond compare.
About Step Up For Students
The Florida Tax Credit Scholarship Program, Step Up For Students provides K‐12 scholarships for low‐income Florida students to attend a school that is best suited to the way they learn. Step Up For Students Scholarships are funded by corporations that redirect their Florida tax liability in exchange for a dollar‐for‐dollar tax credit. For more information please visit www.stepupforstudents.org.
