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Subject: CSR

Duke Energy donates $100,000 to NC Farm Bureau Disaster Relief Fund in aftermath of Hurricane Florence


CHARLOTTE, N.C., Oct. 2, 2018 /PRNewswire/ -- Duke Energy today announced a $100,000 donation to support long-term relief for North Carolina farmers affected by Hurricane Florence, particularly in the state's hard-hit eastern region where devastating flooding caused extensive, widespread damage.

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

"Farmers are integrally woven into the fabric of eastern North Carolina and are vital to the state's economic wellbeing," said David Fountain, Duke Energy's North Carolina president. "The NC Farm Bureau provides critical support for farming families across North Carolina and we're glad to lend a hand in this effort."

The donation, made to the North Carolina Farm Bureau Disaster Relief Fund, will go toward nonprofit partners to address animal feed during the winter, farming families' mental health, stream and pasture restoration and financial counseling for farming families.

"In the wake of the storm, Duke Energy rolled in thousands of crews to restore power to farms across eastern North Carolina, and this donation continues their tradition of responding with speed and generosity," said Larry Wooten, President, NC Farm Bureau.  "Duke Energy's support of farming families helps the agricultural community retain the local farmers who feed North Carolina."

The NC Farm Bureau Disaster Relief Fund is accepting donations from anyone interested in helping farming families and our rural neighbors recover from the storm. Donations can be made online at Florence Relief Fund, or by texting FARM to 91999. The Farm Bureau will also be collecting donations at the N.C. State Fair in Raleigh, Oct. 11-21. Duke Energy encourages North Carolinians to consider how they can help our eastern North Carolina neighbors recover from the storm. 

In response to the storm, Duke Energy and subsidiary Piedmont Natural Gas have given $175,000 to the Red Cross and an additional $96,000 to local disaster relief efforts in the Carolinas, bringing the company's total contribution to $371,000.

Duke Energy Foundation

The Duke Energy Foundation, funded by Duke Energy shareholders, provides philanthropic support to address the needs of communities where its customers live and work. The foundation contributes more than $30 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 http://www.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.

North Carolina Farm Bureau

The North Carolina Farm Bureau Foundation, Inc. assists North Carolina farmers, agricultural organizations and agribusinesses in educating North Carolinians about the importance of agriculture to North Carolina's economy and enhancing understanding about issues affecting agriculture. The Foundation also provides financial support for economic development projects and other special initiatives that enhance the quality of life for rural North Carolinians. The Foundation is an affiliate of the North Carolina Farm Bureau Federation, Inc., North Carolina's largest farm advocacy organization.

NC Farm Bureau's home office is in Raleigh, NC with nearly 570,000 members statewide.  Visit NC Farm Bureau on their website at ncfb.org and follow NC Farm Bureau on Facebook, Twitter or Instagram.

Contact: Meredith Archie, Duke Energy 
Office: 919.546.2109 | 24-Hour: 800.559.3853

Contact: Lynda Loveland, NC Farm Bureau 
Office: 919.782.1705

SOURCE Duke Energy


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