Step Up For Students ranked 13th in Forbes list of 100 top American charities
Step Up is ranked 13th, the highest ranking for among education charities.
“Step Up For Students is proudly celebrating its 20th anniversary of providing scholarships to underprivileged children, and the Forbes ranking underscores just how far we have come in those two decades,” said Anne Francis, Step Up’s vice president, development.
“We are grateful for the support of our donors, whose support is integral to receiving this honor. With over one million scholarships distributed by Step Up, deserving students are being positively impacted each day, thanks to our generous donors.”
During the past fiscal year, Step Up received $976 million in private donations. The bulk of those donations are contributed from corporations participating in the Florida Tax Credit (FTC) Scholarship Program.
Passed into law in 2001, the FTC Scholarship Program allows companies to receive dollar-for-dollar tax credits against certain tax liabilities. The funds provide K-12 scholarships to children, eligible through their household income.
Ashley Elliott says the FTC scholarship made all the difference. Raised by her grandmother in Lakeland, Fla., Ashley was struggling in high school. She used an FTC scholarship to attend Victory Christian Academy. She went from failing to graduating high school with honors, then earning her associate degree from Valencia College, and is currently pursuing a bachelor’s degree in history at the University of Central Florida.
“Your education determines your future,” she said. “When I received school choice, it changed my future. I want that opportunity for everyone, not just me.”