Le Lézard
Classified in: Oil industry, Business
Subjects: CSR, SRI

Duke Energy Foundation provides more than $500,000 in grants to support community resiliency in Florida


St. PETERSBURG, Fla., July 25, 2019 /PRNewswire/ -- The Duke Energy Foundation is powering the vitality of Florida communities by awarding nearly $515,000 in grant funding to support community resiliency.

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

The projects, hosted by nonprofits, will strengthen communities and advance prosperity by addressing economic and quality of life issues, including diversity and access to the arts. To align with the start of hurricane season, the company also recently partnered with local organizations across the state to assemble and distribute storm preparedness kits to vulnerable customers, who may not have the means to access the materials in other ways.

"Strengthening people and communities is at the heart of each grant's purpose, and the true value of these grants is greater than the dollar amount," said Catherine Stempien, Duke Energy Florida president. "Providing access to the arts, inspiring diversity and encouraging hurricane preparedness all create resilient communities and result in lasting positive impacts in our state."

Recipients of the largest donations include:

Tampa Bay area recipients

Greater Orlando area recipients

North Central Florida area recipients

Victories for Veterans Program
The Victories for Veterans program is also included in these grants. It is a unique partnership with the Tampa Bay Rays through which Duke Energy contributes $1,000 for every Rays regular season win to organizations serving veterans. This is the fourth consecutive year of the partnership; since 2016, the program has funded $259,700, benefiting 33 recipient organizations throughout Duke Energy's Florida service territory. Grant application submissions for 2019 are open through Aug. 5. Organizations can apply online at duke-energy.com/victoriesforveterans. Selected organizations will be recognized at a Rays home game this September during pregame festivities with an on-field check presentation by Duke Energy and Rays representatives.

Duke Energy Foundation

The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy customers live and work. The foundation contributes more than $30 million annually in charitable gifts, and is funded by Duke Energy shareholder dollars. More information about the foundation and its Powerful Communities program can be found at duke-energy.com/foundation

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.

Duke Energy is transforming its customers' experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit's regulated utilities serve approximately 7.7 million retail electric customers in six states ? North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to more than 1.6 million customers in five states ? North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects.

Duke Energy was named to Fortune's 2019 "World's Most Admired Companies" list, and Forbes' 2019 "America's Best Employers" list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains 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
Twitter: @DE_PeveetaP

 

SOURCE Duke Energy


These press releases may also interest you

at 18:00
On April 19, 2024, the board of directors of Portland General Electric Company declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis. The company's dividend is...

at 16:05
Noble Corporation plc ("Noble" or the "Company") today announces plans to report financial results for the first quarter 2024 on Monday May 6, 2024 after the U.S. market close. The Company's earnings press release and accompanying earnings...

at 13:30
In a historic first, California oil regulators approved zero new drilling permits in the first quarter of 2024, effectively halting new drilling permit approvals at 5,947 since Governor Newsom came to office in 2019, according to Consumer Watchdog...

at 13:30
The Arbor Day Foundation has recognized Duke Energy Florida for its tree care practices by...

at 12:49
NATSO, representing truck stops and travel plazas, and SIGMA: America's Leading Fuel Marketers, commended the Biden Administration for permitting summertime sales of gasoline containing 15 percent ethanol (E15) to ensure optimal fuel availability for...

at 12:05
PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million ? all benefitting nearly 5,000 nonprofits and schools. Charitable...



News published on and distributed by: