Le Lézard
Classified in: Oil industry
Subjects: CHI, CSR

Duke Energy Foundation empowers Florida students, teachers and workforce through $1.56 million in grants


ST. PETERSBURG, Fla., May 24, 2018 /PRNewswire/ -- Emphasizing the importance of workforce development and science, technology, engineering and math (STEM), Duke Energy recently awarded more than $1.56 million in grants to 46 Florida-based programs.

Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)

The grants are administered through the Duke Energy Foundation, which provides philanthropic support to communities served by Duke Energy, with a focus on "K to Career" educational and workforce development initiatives, the environment and community impact.

The educational grants will help fund STEM projects, and the workforce development initiatives are designed to further bolster and expand the state's existing skilled workforce.

"I'm proud to say our 'K to Career' grant cycle is the largest investment we make in the state each year," said Harry Sideris, Duke Energy Florida president. "It demonstrates our commitment to the future of our communities by preparing students to become  leaders and enabling and empowering a skilled workforce to meet the needs in high-demand fields."

Duke Energy workforce development grants have helped train workers across the country, including a program for energy workers at Lake-Sumter State College in Leesburg, Fla: https://illumination.duke-energy.com/articles/how-to-prepare-the-workforce-of-the-future.

Duke Energy's grants to K-12 local education foundations are also eligible for dollar-for-dollar matching funds through the state of Florida's School District Education Foundation Matching Grant Program, doubling the impact of the investment.

"The deep commitment of Duke Energy to Florida's future is evident in their investments in our students ? from kindergarten through college," said Mary Chance, president of the Consortium of Florida Education Foundations. "From rural communities to urban school districts, Duke Energy is making STEM education relevant to students of all ages through hands-on activities and experiential learning, helping them make the vital connections they need to see themselves in STEM careers."

Recipients of the largest donations include:

The Foundation annually funds more than $33 million to communities throughout Duke Energy's seven-state service area. In 2017, the company donated more than $5 million to nonprofit organizations in Florida.

Additionally, Duke Energy's volunteer support solidifies its commitment to the communities it serves. Florida employees have also rolled up their sleeves to help their neighbors. Last year, employees volunteered more than 15,000 hours in their communities.

For additional information on Duke Energy's community giving programs, visit duke-energy.com/foundation.

About Duke Energy Foundation

The Duke Energy Foundation provides philanthropic support to address the needs of communities where its customers live and work. The Foundation contributes more than $33 million annually in charitable gifts.

The Foundation's education focus spans kindergarten to career ? particularly science, technology, engineering and math (STEM) ? as well as early childhood literacy and workforce development. The Foundation also supports environmental projects and community impact initiatives, including arts and culture.

Duke Energy employees and retirees actively contribute to their communities as volunteers and leaders with a wide variety of nonprofit organizations. Duke Energy is committed to building on its legacy of community service. For more information, visit duke-energy.com/foundation.

The Duke Energy Foundation is part of Duke Energy (NYSE: DUK).

Headquartered in Charlotte, N.C., Duke Energy is one of the largest energy holding companies in the U.S., with approximately 29,000 employees and a generating capacity of 49,500 megawatts. The company is transforming its customers' experience, modernizing its energy grid, generating cleaner energy and expanding its natural gas infrastructure to create a smarter energy future for the people and communities it serves.

A Fortune 125 company, Duke Energy was named to Fortune's 2018 "World's Most Admired Companies" list and Forbes' 2018 "America's Best Employers" list.

More information about the company is available at duke-energy.com. The Duke Energy News Center includes news releases, fact sheets, photos, videos and other materials. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Contact: Peveeta Persaud
Office: 727.820.5592 | 24-Hour: 800.559.3853

SOURCE Duke Energy


These press releases may also interest you

at 12:00
Schneider Electric, the global leader in digital transformation of energy management and automation, today announced a Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible, scalable, and highly efficient...

at 11:41
Highwood Asset Management Ltd. ("Highwood" or the "Company") is pleased to announce the acquisition ("Acquisition") by Libra Advisors, LLC ("Libra") of 1,500,000 common shares ("Shares") in the capital of Highwood ("Acquired Shares"), previously...

at 11:00
The Meadow Lake Tribal Council (MLTC) and Carbon Alpha today announced plans to develop the North Star Project, a carbon dioxide removal (CDR) project near Meadow Lake, Saskatchewan. North Star builds upon the existing MLTC Bioenergy Centre by...

at 10:15
The Future Market Insights, Inc. market...

at 10:15
Your company's success is influenced by employees' perspectives at all levels. When you harness collective expertise, passion, and creativity, you will see a shift in your company's presence in both the professional setting and throughout the...

at 09:32
Ecopetrol S.A. announces that after market close on Tuesday, May 7, 2024, it will release its financial and operating results for the first quarter of 2024....



News published on and distributed by: