Leading NYC Educator Endorses Education Tax Credit

Calls on State Assembly to pass bill this week

For Immediate Release: June 18, 2015
Contact: Bob Bellafiore, 518-928-8471, bob@stanhope-ny.com

New York, NY (June 18, 2015) – David C. Banks, the highly respected founder of Eagle Academies – a successful network of schools serving at-risk young men in New York City – today endorsed the Education Tax Credit and called on the state Assembly to approve the bill this week.

Mr. Banks said: As someone dedicated to educating our children, especially those in New York City, I am happy to endorse the Education Tax Credit currently under discussion in Albany. The Eagle Academy for Young Men Schools and the Eagle Academy Foundation would benefit enormously from an education tax credit of this nature. The Eagle Academies are educating over 2,000 young men of color within the New York City Public School system. This type of tax credit would enable parents and donors to support public schools like Eagle that are having a profound impact on the lives of our young men. I urge my many friends in the State Assembly to approve this bill now.

Mr. Banks joins a growing list of the legislation’s supporters, adding his name to the more than 150 non-profits, education and religious leaders, first-responder unions, immigration rights groups and others who have already endorsed the Education Tax Credit as a way to increase the investment in education by encouraging more charitable donations to nonprofit organizations and foundations that strengthen our schools.

A full list of Education Tax Credit supporters can be found at www.investined.org.

As President and CEO of the Eagle Academy Foundation, Mr. Banks is responsible for the successful leadership and management of the foundation, which is charged with providing financial support for the academic enrichment programs at the Eagle Academy schools, offering professional development services to educators and administrators that want to effectively engage and teach inner city young men and the expansion and replication of the Eagle model. Since opening in 2004, the Eagle Academy family has grown to encompass a total of six schools in the Bronx, Brooklyn, Queens, Newark, Harlem and Staten Island and is expanding its vision nationally.

Prior to becoming President and CEO of the Eagle Academy Foundation, Mr. Banks was the founding principal of the first Eagle Academy in the Bronx, NY. Preceding this, he served as the founding principal of the Bronx School for Law, Government and Justice, a theme-based high school that provided a unique opportunity to David to combine his law and education background.

Mr. Banks is a graduate of Rutgers University in New Brunswick, NJ and received his Juris Doctorate from St. John’s University. He earned his Education, Administration and Supervision certification by attending Brooklyn College, City College and Baruch College in NYC, simultaneously.