Duke Energy Foundation Provides More Than $56,000 in Grants To Support Florida Veterans

Rhea-AI Summary

Duke Energy (DUK) and its Foundation have contributed over $56,000 to support organizations in Florida dedicated to honoring veterans and providing unique services and programs. Since last year, Duke Energy has invested more than $290,000 in support for veterans. The funding will provide career pathways, housing repairs, and other services for veterans and their loved ones. The company also has an employee veteran resource group, Together We Stand (TWS), which actively participates in local events to support veterans in Florida.

Positive

• Duke Energy's long history of providing career opportunities to military personnel, including transitioning military service members, veterans, and military spouses.
• Investment of over $290,000 in support for veterans since last year.
• Employee veteran resource group, Together We Stand (TWS), which mentors new hires, helps veterans adjust to Duke Energy's culture, and eases the transition to civilian life.

Negative

• None.

• Funding will support organizations, initiatives committed to honoring Florida veterans and connecting them to unique services and programs

ST. PETERSBURG, FL / ACCESSWIRE / November 27, 2023 / Duke Energy and its Foundation are contributing more than $56,000 to five organizations in Florida that are working to provide career pathways, housing repairs and other unique services for veterans and their loved ones. Since last year, Duke Energy has invested more than $290,000 in support for veterans.

"At Duke Energy, we have a long history of providing career opportunities to our military, including transitioning military service members, veterans and military spouses," said Melissa Seixas, Duke Energy Florida state president. "We're proud to give back to this community and support the organizations across Florida that are delivering the care, opportunities and services to those who've answered the call to serve."

Evergreen Life Services, an organization serving people with developmental disabilities and veteran with disabilities, will receive funding for its nonprofit program, HEAVENDROPT. Funds will be used to pay competitive wages to people with disabilities who handmake products made in the U.S. out of recycled military parachutes.

"Evergreen Life Services is grateful to Duke Energy for supporting our HEAVENDROPt program," said Dr. Sue Buchholtz, CEO, Evergreen Life Services. "This is a prime example of Duke Energy's strong commitment to our veterans and toward promoting community inclusion of individuals with intellectual and developmental disabilities. We are so proud of this collaboration. Together, we are truly making a difference."

Rebuilding Together Tampa Bay also received funds to support major repairs of two veteran homes in St. Petersburg. Repairs at Rebuilding Together Tampa Bay are offered at no cost to the homeowner. Programs address the most urgent needs impacting the well-being of homeowners, their families and our neighborhoods.

"Our collaboration with Duke Energy embodies the spirit of unity, service, and community, reminding us that together, we can transform lives and build a brighter future," said Jose Garcia, executive director of Rebuilding Together Tampa Bay. "Today, we honor the service and sacrifices made by our brave military personnel. It's a fitting moment to emphasize our shared commitment to ensuring every veteran has a safe and comfortable place to call home."

Grants were awarded to the following organizations:

• Camaraderie Foundation - $500 to support the annual Ruck Sack Race to benefit the Camaraderie Foundation, which provides counseling, transition assistance and family support services to active military, veterans and their families.
• Evergreen Life Services - $25,000 to its HEAVENDROPt program to help pay competitive wages to people with disabilities who handmake products made in the U.S. out of recycled military parachutes.
• Heart Strings for Heroes - $1,000 to provide free guitars and in some cases lessons to assist in the ongoing, mental and physical healing of wounded veterans.
• Home of the Phantom Airborne Brigade - $250 to support an upcoming jump event where active duty, retired and/or veteran paratroopers can openly discuss Airborne experiences and continue jumping in the manner they were used to while serving.
• Rebuilding Together Tampa Bay - $30,000 to support major repairs of two veteran homes in St. Petersburg at no cost to the homeowner.

In addition to the recent contributions, the company has an employee veteran resource group, Together We Stand (TWS), which mentors new hires, helps veterans adjust to Duke Energy's culture and eases the transition to civilian life.

Throughout the year, the Florida TWS chapter actively participates in numerous local events to support initiatives focused on backing veterans in Florida. Earlier this month, Duke Energy employees honored veterans and families by installing 600 tribute flags at Seminole City Hall.

Click here to learn more about the ways Duke Energy supports service members and veterans.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 10,500 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Duke Energy Foundation

The 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. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2023 "World's Most Admired Companies" list and Forbes' "World's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Audrey Stasko
Media line: 800.559.3853
Twitter: @DE_AudreyS

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Contact Info:
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SOURCE: Duke Energy

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FAQ

How much has Duke Energy contributed to support organizations for veterans in Florida?

Duke Energy and its Foundation have contributed over $56,000 to support organizations in Florida dedicated to honoring veterans.

What is the name of the employee veteran resource group at Duke Energy?

The employee veteran resource group at Duke Energy is called Together We Stand (TWS).

What is the ticker symbol for Duke Energy?

The ticker symbol for Duke Energy is DUK.

What kind of support does Duke Energy provide for veterans in Florida?

Duke Energy provides support for organizations dedicated to honoring veterans and providing unique services and programs, including career pathways, housing repairs, and other services.

How does Duke Energy honor veterans and their families?

Duke Energy employees honor veterans and families by participating in local events and installing tribute flags at Seminole City Hall.

What is the purpose of the funding provided by Duke Energy?

The funding provided by Duke Energy supports organizations in Florida that are working to provide career pathways, housing repairs, and other unique services for veterans and their loved ones.