Business Leadership Organized For Catholic Schools
Business Leadership Organized For Catholic Schools
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About this organization
Mission
BLOCS is the premier needs-based scholarship organization in the Philadelphia region providing students with a high degree of success in Catholic schools. For forty years, we have been committed to giving low-income families access to high-quality, values-based education in Catholic schools. We are based in the suburbs of Philadelphia, and award over 16,000 scholarships to families in need annually. We are funded through private and corporate donations - to our annual fund, our endowment and through Educational Improvement Tax Credit programs in Pennsylvania.
About
PENNSYLVANIA BUSINESSES AND INDIVIDUAL TAXPAYERS HAVE PARTICIPATED IN THE EITC, OSTC AND PRE-K TAX CREDIT PROGRAMS OFFERED BY THE STATE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT (DCED). THE SIGNIFICANT CONTRIBUTIONS AND PARTICIPATION PROVIDED BY THESE BUSINESSES AND INDIVIDUALS ALLOWED BLOCS TO AWARD OVER 16,000 CATHOLIC AND PRIVATE SCHOOL SCHOLARSHIPS TO BERKS, BUCKS, CHESTER, DELAWARE, LEHIGH, LANCASTER, MONTGOMERY AND PHILADELPHIA COUNTIES FOR FAMILIES IN FINANCIAL NEED.FOR THIS YEAR, BLOCS HAS WORKED WITH CLOSE TO 200 BUSINESSES AND OVER 600 INDIVIDUAL TAXPAYERS TO TAKE ADVANTAGE OF OVER $33 MILLION IN TAX CREDITS. HOWEVER, THE NEED FOR ADDITIONAL FINANCIAL ASSISTANCE REMAINS SIGNIFICANT AS BLOCS RECEIVED OVER 30,000 APPLICATIONS AND OVER $75 MILLION DOLLARS IN QUALIFIED NEED.BLOCS THROUGH THE SCHOLARSHIP COMMITTEE HAS ESTABLISHED AN EMERGENCY SCHOLARSHIP PROGRAM WHICH REVIEWS EMERGENCY REQUESTS FOR FINANCIAL ASSISTANCE FOR FAMILIES BASED ON EXTENUATING CIRCUMSTANCES THAT GREATLY AFFECT A FAMILY'S INCOME AND ABILITY TO PAY FOR EDUCATION. FOR THE CURRENT YEAR, BLOCS PROVIDED SUPPORT OF APPROXIMATELY $456,000 FOR OVER 150 STUDENTS. BLOCS HAS ALSO DEVELOPED THE URBAN ENDOWMENT INITIATIVE TO SUSTAIN TARGETED SCHOOLS IN POOR AND LOW PERFORMING SCHOOL DISTRICT AREAS. UNDER THIS INITIATIVE, NINE SCHOOLS WORK WITH BLOCS TO ADOPT SUCCESSFUL PRACTICES IN MARKETING AND MANAGEMENT. THE SCHOOLS MAINTAIN AN OPEN ENROLLMENT POLICY AND BLOCS ASSISTS THE SCHOOLS TO HELP MEET OPERATIONAL NEEDS THROUGH ENDOWMENT DISTRIBUTIONS. FOR THE CURRENT YEAR THIS SUPPORT TOTALED APPROXIMATELY $644,000.
Interesting data from their 2019 990 filing
The mission of the non-profit, as stated in the filing, is “Blocs bridges the business community and catholic schools to establish financial assistance to families in need, bolster school infrastructures, and expand educational opportunities for families.”.
When referring to its tasks, they were described as: “Blocs bridges the business community and catholic schools to establish financial assistance to families in need, bolster school infrastructures, and expand educational opportunities for families.”.
- The non-profit is operating legally in the state of PA.
- The non-profit's address for the year 2019 is listed as 555 CROTON ROAD NO 310, KING OF PRUSSIA, PA, 19406 in the filing.
- The form submitted by the non-profit organization for 2019 reports 8 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $10,335,104.
- The organization has 41 independent voting members.
- The organization was formed in 2001.
- The organization pays $1,083,975 in salary, compensation, and benefits to its employees.
- The organization pays $610,596 in fundraising expenses.