By PAUL SOOST
ST. PETERSBURG – Wright Flood, the largest provider of federal flood insurance policies in the U.S., recently announced its largest contribution to date to the Step Up For Students Scholarship Program. Wright Flood’s $1 million contribution will provide 164 scholarships to financially disadvantaged Florida schoolchildren.
The contribution was announced during the Step Up For Students Rising Stars Awards celebration in Pinellas County. The event, hosted at St. Petersburg Catholic High School, recognized Step Up scholars, parents and teachers for their exceptional work during the 2016-17 school year. Students were able to thank Wright Flood executives and other donors attending the event. In 2016, the corporate community contributed a total $559 million for these scholarships, helping lower-income students throughout Florida realize their dreams of attending a private school that fits their educational needs.
Wright Flood has partnered with Step Up For Students since 2008, contributing $2,850,000, which has provided a total of 516 scholarships. Step Up is a nonprofit organization that helps administer the Florida Tax Credit Scholarship. The program is funded by corporations through dollar-for-dollar tax credited donations.
“Wright Flood is proud to donate annually to the Step Up For Students Scholarship Program and is impressed with the success of the students who participate,” said Patty Templeton-Jones, president of Wright Flood. “As a St. Petersburg company, we are so glad to see students in our home state benefit.”
During the 2016-17 school year, Step Up For Students is serving nearly 98,000 students throughout Florida with tuition scholarships valued up to $5,886 per student. About 1,700 private schools participate in the scholarship program statewide. Scholars may also choose a $500 scholarship to offset the cost of transportation to an out-of-district public school.
“We are always grateful to longtime corporate partners like Wright Flood who recognize the value of educational choice and who support our mission to ensure that all Florida students have access to learning environments that suit their individual needs,” said Doug Tuthill, Step Up For Students president. “We are grateful for Wright Flood’s continued support and for their commitment to the communities they serve.”