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Duke Energy Foundation donates $17,500 to American Red Cross in support of disaster relief from last week's storms

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Duke Energy Foundation has announced a $17,500 donation to two local chapters of the American Red Cross to support disaster relief efforts following severe storms and flooding in Greater Cincinnati. The donation is split between the American Red Cross of the Tri-State ($10,000) and American Red Cross Kentucky Region ($7,500).

The Foundation, funded by Duke Energy shareholders, provides over $30 million annually in philanthropic support. Duke Energy (NYSE: DUK), a Fortune 150 company, serves 8.4 million electric utility customers across six states and 1.7 million natural gas customers across five states. Its Ohio/Kentucky subsidiary specifically serves 910,000 electric customers and 560,000 natural gas customers in a combined service area of over 5,650 square miles.

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Positive

  • Large customer base of 8.4 million electric and 1.7 million natural gas customers
  • Substantial energy capacity ownership of 54,800 megawatts
  • Strong market presence across multiple states

Negative

  • None.

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+1.80% News Effect

On the day this news was published, DUK gained 1.80%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CINCINNATI, April 11, 2025 /PRNewswire/ -- Duke Energy Foundation is donating $17,500 to two local chapters of the American Red Cross providing support for those impacted by the recent severe storms and flooding across Greater Cincinnati.

"Our region continues to be impacted by the storms and flooding we've seen over the last week," said Rhonda Whitaker Hurtt, vice president of community relations for Duke Energy Ohio/Kentucky. "The American Red Cross plays a key role in helping our friends and neighbors recover following tragic weather, and we are proud to support their heroic efforts during this challenging time."

Duke Energy Foundation provided funding to the following organizations:

  • American Red Cross of the Tri-State – $10,000
  • American Red Cross Kentucky Region – $7,500

"When natural disaster strikes our region, it's important to partner with organizations dedicated to helping our communities when they need it the most. And with that, we're grateful for Duke Energy's continued support," said Stephanie Byrd, Central and Southern Ohio Regional CEO of the American Red Cross.

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 (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 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy Ohio/Kentucky

Duke Energy Ohio/Kentucky, a subsidiary of Duke Energy, provides electric service to 910,000 residential, commercial and industrial customers in a 3,000-square-mile service area, and natural gas service to 560,000 customers in a 2,650-square-mile service area, in Ohio and Kentucky.

Contact: Matt Martin
24-Hour: 800.559.3853
Twitter: @DukeEnergyOH_KY

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-foundation-donates-17-500-to-american-red-cross-in-support-of-disaster-relief-from-last-weeks-storms-302426671.html

SOURCE Duke Energy

FAQ

How much did Duke Energy Foundation donate to American Red Cross for storm relief in 2025?

Duke Energy Foundation donated $17,500, split between American Red Cross of the Tri-State ($10,000) and American Red Cross Kentucky Region ($7,500).

What is Duke Energy Foundation's annual philanthropic contribution?

Duke Energy Foundation provides more than $30 million annually in philanthropic support to communities where Duke Energy customers live and work.

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

Duke Energy serves 8.4 million electric utility customers across six states and 1.7 million natural gas customers across five states.

What is Duke Energy's (DUK) service coverage in Ohio and Kentucky?

Duke Energy Ohio/Kentucky serves 910,000 electric customers in a 3,000-square-mile area and 560,000 natural gas customers in a 2,650-square-mile area.
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