Financial News
Entergy Shareholders Award $10M in Charitable Contributions Year-to-Date to Help Communities Thrive
Third-quarter grants included $2.3 million to fund poverty solutions, educational programs and economic development
SOURCE: Entergy Corporation
DESCRIPTION:
NEW ORLEANS, November 18, 2021 /3BL Media/ - During the first three quarters of 2021, the Entergy Charitable Foundation has helped power stronger, healthier communities by awarding $10 million to more than 880 nonprofit organizations located across Entergy’s service area of Arkansas, Mississippi, Louisiana, Texas and Michigan.
Entergy shareholders powered communities during the third quarter of 2021 with more than $2.3 million in grants to fund educational programs, poverty solutions, arts and culture, community enrichment and improvement, and support healthy families.
“Entergy’s mission is to create sustainable value for all stakeholders,” said Patty Riddlebarger, vice president of corporate social responsibility for Entergy Corporation. “Our philanthropic support for organizations that help ensure that our communities thrive is central to that mission.”
Significant contributions or commitments made during the third quarter included:
- $466,664 in matching employee contributions to United Way Southeast Louisiana.
- $150,000 to New Orleans City Seats Program to support early childhood education and childcare for low-income families.
- $60,800 to the Anti-Defamation League’s No Place for Hate Program for elementary, middle and high school schools in Arkansas, Louisiana and Mississippi.
For more information about the Entergy Charitable Foundation grants, including application, deadline and eligibility details, visit the Entergy website.
About Entergy Corporation
For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Each year, Entergy contributes $16-18 million in shareholder-funded grants to more than 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer approximately 115,000 hours in those communities, valued at a $3.75 million economic impact. Learn more about Entergy’s commitment to powering the lives of the communities we serve at entergy.com/community.
Entergy Corporation (NYSE: ETR) is an integrated energy company engaged in electric power production, transmission and retail distribution operations. Entergy delivers electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest large-scale U.S. power generating fleets with approximately 30,000 megawatts of electric generating capacity, including 7,000 megawatts of nuclear power. Headquartered in New Orleans, Louisiana, Entergy has annual revenues of $10 billion and approximately 12,500 employees. Learn more at entergy.com and follow @Entergy on social media.
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KEYWORDS: NYSE:ETR, Entergy Corporation
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