Deloitte to donate $1M to Enterprise Center, get tax offsets in Phila.
Deloitte LLP said Thursday it will donate $100,000 per year for the next 10 years to the Enterprise Center Community Development Corp. under Philadelphia’s business privilege tax program, which allows businesses to receive tax offsets for contributions to community development corporations.
The Enterprise Center CDC will use the money to support community development initiatives in the Walnut Hill neighborhood of West Philadelphia.
It will fund service-learning projects and parent councils at 15 West Philadelphia schools over the next three years; help pay for resources to turn an 11,580 square-foot parcel at 4610 W. Market St. into a resident-run urban farm; and develop a food business incubator.
Deloitte has been involved with the Enterprise Center since 2004.
The Enterprise Center is a business incubator in the West Philadelphia building where American Bandstand originated.