BLOCS Adopts Universal Allocation Policy for All Partner Schools
Move standardizes BLOCS Mission Fund as nonprofit maintains over 99 cents of every dollar going directly to need-based
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BLOCS, Pennsylvania’s leading scholarship organization dedicated to the PA Educational Improvement Tax Credit (EITC) and Opportunity Scholarship Tax Credit (OSTC) programs, today announced it will adopt a uniform 3% allocation on all EITC contributions to the BLOCS Mission Fund, replacing a varied system of allocation arrangements. This represents a lowering of administrative fees for hundreds of schools across the entire Commonwealth of Pennsylvania.
The BLOCS Mission Fund is designed to support two core programs available to every partner school: 1) the Emergency Scholarship Fund, which was expanded to cover all EDS-qualifying schools and any school that previously received EDS support, and 2) a Grant Program that strategically directs EITC funds to schools and populations with high demonstrated need.
The fund also covers BLOCS’ operating costs where necessary – which BLOCS reports has remained below nonprofit industry standards. The Emergency Scholarship Fund provides immediate relief to families experiencing unexpected financial hardship due to illness, disability, death, work disruption and other sudden hardships which stress families’ financial ability to meet tuition obligations.
“For the third year in a row, more than 99 cents of every dollar raised through BLOCS has funded need-based scholarships,” said BLOCS CEO Rob Delany. “This transparency means a single, consistent allocation for every school partner. It reflects the discipline our team and Board bring to this work every year, to fuel workforce development and career readiness for need based students across the entire Commonwealth.”
BLOCS is the leading scholarship organization dedicated to raising need-based scholarships through the Pennsylvania Educational Improvement Tax Credit (EITC) program. As an independent charitable organization BLOCS provides access to high-quality, value-based education for children ages Pre-K through 12th grade across the Commonwealth of Pennsylvania. Through the generosity of its donors, BLOCS partners with over 580 schools to provide over 43,000 need-based scholarships. More can be found at www.blocs.org.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260929581944/en/
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