Duke Energy Foundation commits $500,000 to support local environmental impact programs across North Carolina

Rhea-AI Summary

Duke Energy Foundation has announced a $500,000 commitment to support local environmental impact programs across North Carolina. Eligible nonprofit organizations can apply for grants up to $25,000 until June 30, 2025. The funding will support programs focused on improving natural environments, enhancing community resilience, promoting land conservation, advancing clean water initiatives, and supporting biodiversity.

Over the past two years, the Foundation has funded more than 50 environmental initiatives in North Carolina, including coastal restoration work, wildlife habitat rehabilitation, and environmental science education programs. The Foundation, funded by Duke Energy shareholders, provides over $30 million annually in philanthropic support.

Duke Energy (NYSE: DUK), a Fortune 150 company, serves 8.6 million electric customers across six states and 1.7 million natural gas customers across five states, with 55,100 megawatts of energy capacity.

Positive

• Annual philanthropic support of over $30 million through Duke Energy Foundation
• Large utility operational scale with 8.6 million electric and 1.7 million gas customers
• Substantial energy capacity of 55,100 megawatts

Negative

• None.

• Applications for funding will be accepted through June 30 for eligible nonprofit organizations

CHARLOTTE, N.C., April 24, 2025 /PRNewswire/ -- Duke Energy Foundation today announced a commitment of $500,000 in new funding designed to support local environmental impact programs across North Carolina.

How it works: Eligible organizations can now apply for grants of up to $25,000. Applications are live on Duke Energy Foundation's website and will remain open until Monday, June 30, at 5 p.m. 

The impact: The funding will support programs focused on improving natural environments, enhancing community resilience, promoting land conservation, advancing clean water initiatives and supporting biodiversity.

"We are proud to support initiatives that enhance our natural surroundings and bolster community resilience," said Kendal Bowman, Duke Energy's North Carolina president. "Our goal is to contribute to the well-being of the communities we serve by partnering with organizations which recognize that North Carolina's natural environment is one of our most important assets."

Looking back: During the past two years, the Foundation has provided funding to more than 50 environmental impact initiatives in North Carolina. Examples of recent collaborations include coastal restoration work, wildlife habitat rehabilitation and local environmental science educational programs.

Duke Energy Foundation
Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: Garrett Poorman
24-Hour: 800.559.3853
Twitter: @DukeEnergyNC

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SOURCE Duke Energy

FAQ

How much funding is Duke Energy Foundation offering for environmental programs in North Carolina?

Duke Energy Foundation is offering $500,000 in funding, with individual grants of up to $25,000 available to eligible nonprofit organizations.

What is the deadline to apply for Duke Energy Foundation's environmental grants in 2025?

Applications will be accepted until June 30, 2025 at 5 p.m.

What types of environmental programs does DUK's Foundation support in North Carolina?

The Foundation supports programs focusing on natural environment improvement, community resilience, land conservation, clean water initiatives, and biodiversity.

How many customers does Duke Energy (DUK) serve across its utility operations?

Duke Energy serves 8.6 million electric customers across six states and 1.7 million natural gas customers across five states.