Step Up For Students honors insurance industry, Tower Hill for generous contributions
By SHELBY HOBBS, Special to Step Up For Student
ORMOND BEACH, Fla. – Florida insurance companies have been protecting more than just Floridians’ homes this hurricane season, as they have made generous contributions to Step Up For Students, the nonprofit that helps administer the needs-based Florida Tax Credit (FTC) Scholarship Program.
Tower Hill Insurance, a significant contributor from the insurance industry, and Step Up For Students hosted an event Oct. 25 at Calvary Christian Academy in Ormond Beach to celebrate the insurance company’s contributions and the work Step Up continues to do for Florida’s lower-income families. Since 2011, Tower Hill has contributed over $3 million to Step Up For Students, providing scholarships to more than 600 of Florida’s most underprivileged students who are given access to a private school or financial assistance for transportation to attend an out-of-district public school.
“By investing in the future of our students, we are investing in the future of Florida,” said Don Matz, president of Tower Hill. “One of our top priorities at Tower Hill is to give back to our community as much as we can, and we choose to start with these deserving students.”
Step Up For Students provides opportunities to nearly 105,000 lower-income students across Florida this school year with 3,213 scholars in Volusia County.
“We are so grateful for Tower Hill’s investment in our program and the children who depend on it,” said Joe Pfountz, CFO of Step Up For Students. “The company’s generosity is crucial to the work our team does and shows just how much they really care about Florida’s kids and its future.”
The typical scholarship student comes from a single-parent household where the average income is $25,353. A recent study found that students who receive these scholarships for at least four years are 40 percent more likely to attend college than their public school counterparts, and 29 percent more likely to earn an associate degree.
During the event, Step Up For Students fourth-grade scholar Mia Rauseo shared her experience.
“I am so happy to be given the chance to come here,” said Rauseo. “And I know it would not have been possible without the help of Step Up For Students and companies like Tower Hill Insurance. I am doing well in my classes and I truly enjoy coming to school.”