Education Foundation

During February, Amscot asked customers to invest one dollar to support students and teachers when school budgets fall short and tax dollars won’t allow.  With additional contributions from the company’s founder and Tampa-based corporate office, 2018 contributions totaled $185,805.  Combined with ten years of previous one-month campaigns, the total raised reached nearly $1.3 million.

“This campaign clearly resonates with both our customers and our associates,” said Ian MacKechnie, founder and CEO of Amscot Financial.  “The fact that the funds are used for unmet needs and to help individual students means a great deal to all of us.”

The Educational Foundation of Lake County will use its share of proceeds of $3,146.94 towards the students and teachers of Lake County. The foundation programs include: Back to School Backpack Fairs, Take Stock In Children, Teacher of the Year, Rookie Teacher of the Year, Employee and Volunteer of the Year, and New Beginnings.

“Amscot’s Just-a-Dollar campaign is crowd-sourcing for a great cause: Helping meet the needs of vulnerable public school students in Florida,” said Mary Chance, president of the Consortium of Florida Education Foundations (CFEF).  The CFEF works with Amscot Financial to coordinate campaign fund distributions among their 20 benefiting local education foundations in the company’s current service territory.

Founded in 1989, Amscot Financial employs more than 2,000 associates who work at 237 retail branches and at the company’s corporate headquarters in Tampa. The company currently operates retail locations in Hillsborough, Pinellas, Pasco, Hernando, Polk, Hardee, Highlands, Manatee, Sarasota, Orange, Osceola, Seminole, Lake, Volusia, Brevard, Marion, Citrus, Flagler, Broward and Miami-Dade counties