Safety National Commits $50,000 towards Scholarships for K-12 Students
October 06 2011 - 3:59PM
Business Wire
Safety National Casualty Corporation has committed $50,000 from
its Florida state insurance tax liability premium to Step Up for
Students to provide approximately 12 scholarships for low-income
Florida K-12 students. In partnership with Step Up for Students,
Safety National also recently sponsored an educational program for
elementary students at St. Peter Claver Catholic School in Tampa. A
photo is available at http://budurl.com/FireDonation (from left to
right: John Paino, vice president, financial analysis, Safety
National; Doug Tuthill, Step Up For Students president; St. Peter
Claver Catholic School students and principal; and Mark Wilhelm,
Safety National CEO.)
As an extension of its partnership with the Florida Tax Credit
Scholarship Program and Step Up For Students, Safety National
representatives provided the fire safety event to approximately 20
second- and third-grade students at the school. Safety National,
the market leader in providing excess workers’ compensation
solutions for the public sector, joined Step Up For Students in
2010 and has contributed $50,000 to provide scholarships for
underprivileged Florida youth to attend the school that best meets
their learning needs. This donation will equate to over 12
scholarships for low-income Florida children.
“At Safety National we believe that investing in communities
where we do business is of utmost importance, and we are thrilled
to be a part of an organization that helps Florida families find
the best options when it comes to their children’s education,” said
Safety National CEO Mark Wilhelm. He also stressed the importance
of first responders and fire safety before presenting their
donation to Step Up For Students. Safety National insures fire
departments nationwide, and invited the Tampa Fire Rescue team from
Fire Station 1 to present at the event.
The firefighters took the children through some fire safety
exercises and explained what to look for in a fire emergency,
before inviting them to ask questions and explore the fire truck
that the team brought to the school for the event.
Since the program’s inception in 2002, corporations like Safety
National have contributed more than $900 million to Step Up For
Students. Through this program, corporations are able to redirect a
portion of their Florida insurance premium tax liability to fund
kindergarten-12th grade scholarships, and receive a
dollar-for-dollar tax credit for the amount they redirect.
“We are so grateful to have corporate partners like Safety
National, who value equal educational opportunity for all
students,” said Step Up For Students President Doug Tuthill.
“Thanks to their generosity, more children will have the
opportunity to find the school that best fits the way they
learn.”
The Step Up For Students Scholarships are worth up to $4,011 and
empower low-income families to choose from approximately 1,200
private schools throughout the state, or a family can elect to use
a $500 transportation scholarship to attend an out-of-district
public school. Scholarships are needs based and are awarded to a
child whose household income qualifies for free or reduced
lunch.
About Safety National
Safety National is a versatile alternative market insurance
provider offering a broad range of risk funding products through
independent insurance agents and brokers. Founded in 1942, Safety
National is the leading provider of Excess Workers’ Compensation
coverage to self-insured employers and groups nationwide and has
provided that type of coverage longer than any other company in the
U.S. In addition, Safety National offers its Large Casualty
Program, which includes Large Deductible Workers’ Compensation,
Commercial Auto and General Liability coverage; Public Entity
Multi-Line coverage; Treaty Reinsurance; Loss Portfolio Transfers
(LPT); Texas non-subscriber coverage (TEXcess); Self-insurance
Bonds and other alternative risk programs. The company is licensed
to provide workers’ compensation insurance in all 50 states, the
District of Columbia and Canada. Safety National is a wholly owned
subsidiary of Delphi Financial Group Inc. (NYSE: DFG) and is rated
“A” (Excellent), Financial Size Category XI, by A.M. Best. Visit
www.safetynational.com.
About Step Up For Students
Step Up For Students is a nonprofit organization that
administers the Florida Tax Credit Scholarship for low-income
Florida students. The scholarship program was created by the
Florida Legislature in 2001 and is funded by corporations that
receive dollar-for-dollar tax credit for their contributions. For
more information, visit www.StepUpForStudents.org.
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