On February 21, 2017, The Neffs National Bank (Neffs, PA) presented donations to the Parkland School District Education Foundation ($20,000), the Northwestern Lehigh Educational Foundation ($20,000), Lehigh Carbon Community College Foundation ($20,000), Northern Lehigh School District Educational Foundation ($20,000), the Wildlands Conservancy, Inc. ($10,000) and the Lehigh Valley Zoological Society ($10,000). The donations were made in part through the bank’s participation in the state’s Educational Improvement Tax Credit (EITC) Program. The program authorizes tax credit for contribution to Educational Improvement Organizations.
Kevin Schmidt, President/CEO of The Neffs National Bank, mentioned that the bank has always valued community relationships and is aware of the budgetary constraints that these organizations face. The EITC program allows the bank to “earmark” their taxes to support these programs. He hopes that these contributions will stimulate other business to participate in the program and assist qualifying organizations such as these.