Duke Energy Foundation invests $275,000 in nonprofits supporting Floridians' most essential needs
Rhea-AI Summary
Duke Energy Foundation (NYSE: DUK) is awarding $275,000 to 15 Florida nonprofits to support basic needs, health care access, affordable housing and workforce development. Grants include $130,000 for Central Florida, $120,000 for the Tampa Bay area and $25,000 statewide.
The Foundation provides nearly $30 million annually in philanthropic support and is funded by Duke Energy shareholders.
Positive
- $275,000 total grants to 15 Florida nonprofits
- $130,000 allocated to Central Florida organizations
- $120,000 allocated to Tampa Bay area organizations
- $25,000 statewide grant to Florida Council on Aging
- Duke Energy Foundation provides nearly $30 million annually in philanthropic support
Negative
- None.
News Market Reaction – DUK
In the Apr 28 session, DUK gained 0.56%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
High-impact investments:
Statewide (
- Florida Council on Aging (
)$25,000
- Bay Area Chamber Foundation/Leadership St. Pete (
)$10,000 - Feeding
Tampa Bay ( )$20,000 - Interactive Food Truck Academy (
)$15,000 - The Jackson Copeland Foundation (
)$10,000 - St. Petersburg Free Clinic (
)$45,000 - Tampa Metropolitan Area YMCA (
)$5,000 - Wheels of Success (
)$15,000
- Boys & Girls Clubs of
Central Florida ( )$20,000 - Find, Feed & Restore (
)$20,000 - HOPE Helps (
)$10,000 - Neighborhood Center of
West Volusia ( )$10,000 - Rescue Outreach Mission of
Central Florida ( )$10,000 - Shepherd's Hope (
)$50,000 - West Orange Habitat for Humanity (
)$10,000
For descriptions of how each grant will be used and the specific counties impacted, please click here.
Our view:
Melissa Seixas, Duke Energy Florida state president: "Duke Energy doesn't just work in these communities – many of our employees live here, too. It's incredibly important, to all of us, that we give back and help create lasting, positive change for our friends and neighbors. We're thankful for the opportunity to partner with organizations already doing just that, and we look forward to seeing how our efforts will allow Floridians to live their best lives and ultimately instill generational success."
Positive response:
Colette Vallee, Florida Council on Aging chief operating officer: "This collaboration with Duke Energy is more than a financial contribution to purchase shelf-stable meals. It will help older adults prepare for potential emergencies, with the additional benefit of educating them about energy efficiency and financial assistance programs. Together, we are building a relationship with seniors and vulnerable populations so they can weather the storm."
Savannah-Jane Griffin, Neighborhood Center of
Sophia Moe, Leadership St. Pete director of events and logistics: "On behalf of Leadership St. Pete, we are incredibly grateful to the Duke Energy Foundation for investing in our community project with the
Jennifer Yeagley, St. Petersburg Free Clinic chief executive officer: "We're grateful for the support Duke Energy has provided St. Petersburg Free Clinic for more than 25 years. Grants from the Duke Energy Foundation have helped our neighbors address pressing medical concerns and, most recently, have helped ensure that our community has access to nutritious food. We sincerely appreciate their partnership."
Susan Eklin, Shepherd's Hope interim president and chief executive officer: "Our partnership with the Duke Energy Foundation strengthens Shepherd's Hope's mission to ensure that every uninsured neighbor in
Duke Energy Foundation
The Duke Energy Foundation provides nearly
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 12,500 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
Duke Energy is executing an energy modernization strategy, keeping customer value at the forefront as it invests in electric grid upgrades and efficient generation resources to strengthen the system and serve growing energy needs.
More information is available at duke-energy.com. Follow Duke Energy on X, LinkedIn, Instagram, TikTok and Facebook for stories about the people and innovations powering its communities.
Contact: Aly Raschid
24-Hour: 800.559.3853
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SOURCE Duke Energy