WVO’s contributions to Step Up were distributed throughout Florida, but the program’s impact on their employees has made the investment even more special. In the current 2012-13 school year, 45 Step Up For Students Scholarships were awarded to the children of families employed by Wyndham Worldwide, WVO’s parent company. With applications now being accepted for the 2013-14 school year, WVO has been educating employees about the scholarship program so other eligible staff can apply.
“When we first participated in 2011, we were thrilled to learn that our own employees’ children were benefitting from the Step Up scholarship. As one of the core values of Wyndham Vacation Ownership, we feel strongly that it is our responsibility to do what we can to improve the world around us,” said Sarah King, executive vice president, Human Resources, Wyndham Vacation Ownership. “Step Up For Students’ mission of providing more educational options to those who need it the most truly aligns with our corporate culture and allows us the opportunity to respond to the needs of our community. We are proud that our contribution is helping to transform children’s lives through the powerful gift of education.”
Through the Florida Tax Credit Scholarship Program, companies with certain types of Florida tax liabilities may redirect taxes to the program in exchange for dollar-for-dollar tax credit. The corporate contributions are used to fund scholarships for low-income children across the state, which provide tuition assistance to one of about 1,500 participating private schools, or funds to aid in the transportation costs associated with attending an out-of-district public school.
“Wyndham Vacation Ownership’s support of our program means that more parents will have another option when it comes to their child’s education,” said Doug Tuthill, Step Up president. “Our scholarship program is leveling the playing field by helping low-income families access the same opportunities that more fortunate families have when it comes to education, and we are thankful for our donors, like WVO, who make that possible.”
This school year, more than 50,000 students in Florida have benefitted from a Step Up For Students Scholarship.
About Step Up For Students:
Step Up For Students is the nonprofit organization responsible for administering the Florida Tax Credit Scholarship program. The scholarship program is available to students who qualify for a free or reduced-price lunch and provides tuition assistance to the participating private school of their parents’ choice or transportation help to an out-of-district public school. Scholarships are funded by corporations that receive a dollar-for-dollar tax credit for their contributions. For more information, visit www.StepUpForStudents.org.
About Wyndham Vacation Ownership:
Wyndham Vacation Ownership, a member of Wyndham Worldwide’s (NYSE: WYN) family of companies, is the world’s largest vacation ownership business, as measured by the number of vacation ownership resorts, individual vacation ownership units and owners of vacation ownership interests. Wyndham Vacation Ownership develops, markets and sells vacation ownership interests and provides consumer financing to owners through its four primary consumer brands, CLUB WYNDHAM®, WorldMark® by Wyndham, Wyndham Vacation Resorts Asia Pacific and Shell Vacations. As of December 31, 2012, Wyndham Vacation Ownership had developed or acquired more than 185 vacation ownership resorts throughout the United States, Canada, Mexico, the Caribbean and the South Pacific that represent more than 23,000 individual vacation ownership units and more than 900,000 owners of vacation ownership interests. Wyndham Vacation Ownership is headquartered in Orlando, Fla., and is supported by more than 15,000 employees globally.
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