Gnagey Gas & Oil Company, JG Convenience Store & Arby’s Donates to Food Bank to Help Residents Under a New Program
Two Uniontown companies Gnagey Gas & Oil Company and JG Convenience Store & Arby’s are donating $30,000 to the Fayette County Community Action Agency Food Bank, under a new program which is being offered to the agency to help deal with the emergency food needs of Fayette County.
The local companies of Gnagey Gas & Oil, and JG Convenience Store and Arby’s are donating the funds to the Fayette County Community Action Agency Food Bank as a part of the Neighborhood Assistance Tax Credit program.
According to Jim Gnagey of Gnagey Gas & Oil and JG Convenience Store & Arby’s, the companies wanted to help local residents during this time. “We were aware a lot of our customers and families in our area are struggling. As local companies that have served this community for over 75 years, we want to help the residents of Fayette County. The Neighborhood Assistance Tax Credit program allowed us to make a larger donation, which will help more people.”
Fayette County Community Action Agency (FCCAA) was awarded additional Neighborhood Assistance Tax Credits by the Pennsylvania Department of Community and Economic Development (DCED) to help raise resources for local residents whose lives have been impacted by COVID-19.
Business firms that pay State Corporate taxes including Personal Income Tax, Corporate Net Income Tax, Capital Stock-Foreign Franchise Tax, Bank Shares Tax, Title Insurance and Trust Shares Tax, Insurance Premium Tax and Mutual Thrift Institution Tax are eligible contributors of the Neighborhood Assistance Tax Credits program.
A company that contributes to the program will receive a State tax credit equal to 55% of the donation and continue to receive any federal deduction for which they are eligible. The company can recover over half of the value of their donation through the tax credit. Community Action has credits to raise $375,000 before June 30th for help during this crisis period.
James Stark, Chief Executive Officer of FCCAA says, “The Neighborhood Assistance program encourages businesses to partner with nonprofit agencies to address critical community problems such as meeting the food assistance needs of the community. Both cash and food donations, qualify for the program. These resources will help to expand the resources available to Food Bank to provide emergency food during this period. We are thankful to both Gnagey Gas & Oil Company and JG Convenience Store and Arby’s for stepping forward with a major donation to help us kick off this program.”
“This donation is a tremendous contribution to our Food Bank as our committed team of staff and volunteers work to meet the food needs of local residents,” says Stark.
According to Kim Hawk, Director of Operations for FCCAA, “The Food Bank is seeing twice as many households we typically see in a month. As a result, we are holding food distributions every week around the county, and numbers continue to grow.”
In the last 6 weeks, the Food Bank has distributed over 5000 boxes of food at food distribution sites throughout Fayette County.
David Bork, FCCAA Food Bank Project Manager commented, “We appreciate the donation from both Gnagey Gas & Oil Company and JG Convenience Store & Arby’s, which will help us meet the food needs of families during these times.”
Stark says the challenge for the agency is to raise the Neighborhood Assistance Program funds before June 30th. “At this point, we are required to submit commitment letters from companies planning to donate.” Says Stark.