KAR Auction Services makes $1 million contribution to scholarship program

 

By PAUL SOOST

KAR Auction Services, Inc. (NYSE: KAR), a global vehicle remarketing and technology solutions provider, on Feb. 26 made a $1 million contribution to Step Up For Students, a Florida-based nonprofit, which administers scholarships for lower-income schoolchildren.

KAR’s financial commitment will fund scholarships for 153 Florida children — giving them more educational options and opportunities.

Step Up For Students scholars from several areas Catholic schools on Monday celebrated KAR Auction Services Inc.’s $1 million contribution to Step Up for the 2017-18 school year which will fund 153 lower-income students to attend schools of their choice. The students are joined by, from left to right, Ross Bubolz, principal of St. Petersburg Catholic High School, Desire Gideos, Dealer Sales Manager, Automotive Finance Corporation (Subsidiary of KAR), Step Up For Students President Doug Tuthill, Mike Mulvaney, assistant general manager, ADESA Tampa (subsidiary of KAR), Craig Morris, VP Tax, KAR Auction Services, Brad Yeager, regional sales director, TradeRev (subsidiary of KAR, Becky Doemland, director of community relations, KAR Auction Services, Chris Pastura, superintendent of Catholic Schools in the Diocese of St. Petersburg and Keith Galley, Principal of St. Patrick Catholic School.

Step Up For Students scholars from several areas Catholic schools on Monday celebrated KAR Auction Services Inc.’s $1 million contribution to Step Up for the 2017-18 school year which will fund 153 lower-income students to attend schools of their choice. The students are joined by, from left to right, Ross Bubolz, principal of St. Petersburg Catholic High School, Desire Gideos, Dealer Sales Manager, Automotive Finance Corporation (Subsidiary of KAR), Step Up For Students President Doug Tuthill, Mike Mulvaney, assistant general manager, ADESA Tampa (subsidiary of KAR), Craig Morris, VP Tax, KAR Auction Services, Brad Yeager, regional sales director, TradeRev (subsidiary of KAR, Becky Doemland, director of community relations, KAR Auction Services, Chris Pastura, superintendent of Catholic Schools in the Diocese of St. Petersburg and Keith Galley, principal of St. Patrick Catholic School.

“We believe in second chances for cars, people and communities — that includes partnering to provide students with quality educational options,” said Jim Hallett, chairman and CEO of KAR. “The state of Florida is home to more than 650 KAR employees as well as countless valued business partners and customers. And we are committed to supporting the communities in which we work and live.”

This is KAR’s first time partnering with Step Up For Students, which helps run the Florida Tax Credit Scholarship Program for financially disadvantaged Florida children. The corporate-funded program gives children assistance with private school tuition or transportation costs for out-of-county public schools. More than 1,700 private schools participate in the program serving nearly 102,000 students during the 2017-18 school year.

“We are excited KAR Auction Services has joined us in our mission to empower Florida families by helping them find the best learning environment for their children,” said Step Up For Students President Doug Tuthill. “Your contribution to the Step Up scholarship program will make a lasting difference in the communities you serve. On behalf of our Step Up families, we thank KAR.”

KAR owns and operates 15 whole-car and salvage auctions in Florida, and provides wholesale automotive services to auto dealers throughout the state.

Paul Soost can be reached at psoost@sufs.org. 

 

 

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