TAMPA – Step Up For Students and Breitburn Energy Partners LP (NASDAQ:BBEP) announced this week a new partnership bringing the nonprofit scholarship funding organization and oil and gas company together to support children who need K-12 educational options.
Breitburn, a publicly traded, independent oil and gas master limited partnership focused on the acquisition, development, and production of oil and gas properties throughout the United States, has pledged $1.2 million, which will provide 205 scholarships for the current school year. Breitburn designated their funds to assist Step Up scholars in those counties where Breitburn is currently operating: Collier, Escambia, Hendry, Lee and Santa Rosa. So far, about 1,220 Step Up scholars are enrolled in private schools in those counties for the 2015-16 school year.
Hal Washburn, Breitburn’s CEO said: “We are excited to be contributing to Step Up scholars in Collier, Escambia, Hendry, Lee and Santa Rosa counties, the communities where we operate in Florida. Our dedicated employees serve as important role models in those communities, and our pledge demonstrates our further support for them, their families and their neighbors. We believe that assisting in the education of our youth and future leaders is one of the best ways to invest in the communities where we do business.”
Step Up For Students helps administer the Florida Tax Credit Scholarship Program, which helps Florida’s poorest families to send their children to the private school of their choice with a scholarship worth up to $5,677 , or use a $500 scholarship to help pay for transportation to an out-of-county public school.
“With corporate donors like Breitburn, this year alone, we are able to help about 78,000 students attend a school that best meets their learning needs,” said Step Up President Doug Tuthill. “For that, we are truly grateful, and we know thousands of parents and guardians are, too.”