PPL's employee giving campaign raises $10 million to improve lives and strengthen communities

PPL (NYSE:PPL) employees, retirees and PPL-affiliated foundations pledged $10 million in the company's 2025 Power of One employee giving campaign on Feb. 25, 2026.

Rhea-AI Summary

PPL (NYSE:PPL) employees, retirees and PPL-affiliated foundations pledged $10 million in the company's 2025 Power of One employee giving campaign on Feb. 25, 2026. Funds will support more than 500 local nonprofit organizations and channeled via local United Ways to priority needs.

More than 1,000 employees volunteered during September 2025 Day of Caring events. The company serves over 3.6 million customers across Pennsylvania, Kentucky, Rhode Island and Virginia.

Positive

• $10 million total employee and foundation contributions
• Support for 500+ local nonprofit organizations
• 1,000+ employees volunteered during September 2025 Day of Caring
• Charitable reach affecting > 100,000 people in Greater Lehigh Valley
• Company serves 3.6 million customers across four states

Negative

• None.

Argus Feb 25 session

+0.42% close to close Open Argus

Details

News Market Reaction – PPL

In the Feb 25 session, PPL gained 0.42%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights PPL’s emphasis on community engagement, with employees, retirees and fo...

Analysis

This announcement highlights PPL’s emphasis on community engagement, with employees, retirees and foundations contributing $10 million to support more than 500 nonprofits, impacting well over 100,000 people. It comes on the heels of 2025 earnings, extended EPS growth targets, and an aggregate $1,000,000,000 equity units offering, showing a mix of financial and social initiatives. Investors may watch how these efforts intersect with customer relationships, regulatory dynamics, and execution of PPL’s multi-year business plan.

Key Figures

Employee campaign total: $10 million Nonprofit organizations: More than 500 Customers served: More than 3.6 million +5 more

Employee campaign total

$10 million

Annual employee-led charitable giving campaign

Nonprofit organizations

More than 500

Local nonprofits supported by campaign contributions

Customers served

More than 3.6 million

Customers in Pennsylvania, Kentucky, Rhode Island and Virginia

Employee volunteers

More than 1,000

Employees volunteering during Day of Caring events in September 2025

People impacted

Well over 100,000

Individuals in Greater Lehigh Valley benefiting from support

Current price

$38.12

Pre-news trading price

52-week range

$32.50 – $38.27

Low and high over past 52 weeks

Price change

2.31%

24-hour price change prior to publication

Historical Context

5 past events · Latest: Feb 23

5 events

1. Feb 23

   Equity units pricing

   24h Move

   -0.5%

   Pricing of 20,000,000 Equity Units with proceeds for debt repayment.

2. Feb 23

   Equity units launch

   24h Move

   -0.5%

   Announcement of $1,000,000,000 equity units offering and NYSE listing plan.

3. Feb 20

   Earnings and guidance

   24h Move

   +1.2%

   2025 earnings, 2026 EPS guidance, growth targets and capital plan update.

4. Feb 06

   Annual meeting notice

   24h Move

   +0.7%

   Announcement of 2026 virtual annual meeting and record date details.

5. Feb 03

   Policy statement

   24h Move

   -1.0%

   Joint statement on budget address, transparency, and customer protection measures.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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ALLENTOWN, Pa., Feb. 25, 2026 /PRNewswire/ -- PPL Corporation employees and retirees, together with matching contributions from PPL's affiliated foundations, pledged $10 million during PPL's annual employee-led charitable giving campaign. These contributions will support more than 500 local nonprofit organizations in communities served by PPL's utilities, with local United Ways helping to ensure funds are directed to areas of greatest need.

"I am incredibly proud of what we have accomplished together," said Vince Sorgi, president and chief executive officer of PPL Corporation, which serves more than 3.6 million customers in Pennsylvania, Kentucky, Rhode Island and Virginia. "Reaching $10 million is more than a milestone, it is a powerful reflection of the kindness, generosity and shared purpose that define this company. Every donation, every hour of service, every act of compassion has helped strengthen the communities we call home." 

The record-setting total was raised through the company's annual Power of One employee giving campaign and matching contributions by PPL's affiliated foundations. The funds will help sustain critical programs that meet the rising needs of thousands of people who depend on United Way agencies and other nonprofit organizations for essential services every day.

Employees and retirees from PPL Corporation and its subsidiaries – PPL Electric Utilities, Rhode Island Energy, Louisville Gas and Electric Company and Kentucky Utilities Company – contributed to the campaign. In addition, more than 1,000 employees volunteered their time in September 2025 during PPL's companywide Day of Caring events, directly supporting organizations within their local communities.

"Today, we have 10,000,000 reasons to say thank you for PPL's unparalleled leadership and support," said Marci Lesko, president and chief executive officer of United Way of the Greater Lehigh Valley, which is where PPL's headquarters is located. "This extraordinary act of generosity directly improves the lives of well over 100,000 people in the Greater Lehigh Valley, and I know I speak for just one region that PPL supports. Through employee and retiree giving and support from PPL's foundations, PPL's decades-long partnership with United Way powers deep and transformative impact in every community that we serve together." 

About PPL
PPL Corporation, headquartered in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.6 million customers in the U.S. PPL's high-performing, award-winning utilities are addressing energy challenges head-on by building smarter, more resilient and more dynamic power grids and advancing sustainable energy solutions. For more information, visit www.pplweb.com.

About the PPL Foundation
Through strategic partnerships, the PPL Foundation supports nonprofit organizations throughout Pennsylvania and Rhode Island that are engaged in innovative and groundbreaking work to create vibrant, sustainable communities; expand opportunities for underserved communities; and support children's success from cradle to career. The PPL Foundation operates as the Rhode Island Energy Foundation in Rhode Island. To learn more, visit www.pplcares.com.

About the LG&E and KU Foundation
Since its inception in 1994, the LG&E and KU Foundation has represented LG&E and KU Energy LLC and its utility operations – Louisville Gas and Electric (LG&E), Kentucky Utilities (KU) and Old Dominion Power (ODP), the name under which KU operates in Virginia, as the philanthropic arm for charitable giving. Committed to social responsibility, the foundation proactively supports many philanthropic initiatives to improve the quality of life in communities where the company provides service. Through charitable giving, the LG&E and KU Foundation is able to play a definitive role in strengthening the communities where it has a presence. More information is available at www.lge-ku.com.

Contact: Gretchen Toner, 484-954-5766

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SOURCE PPL Services Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much did PPL (PPL) raise in its 2025 employee giving campaign?

PPL raised $10 million in its 2025 Power of One employee giving campaign. According to the company, employee and retiree gifts plus matching foundation contributions produced the record total to support local nonprofit services across PPL service areas.

Which nonprofits and regions will benefit from PPL's $10 million gift announced Feb. 25, 2026?

More than 500 local nonprofit organizations will benefit from the campaign funds. According to the company, funds are directed through local United Ways to address highest-priority needs in communities PPL serves.

How many PPL employees volunteered during the Day of Caring tied to the Feb. 25, 2026 announcement?

More than 1,000 employees volunteered during the September 2025 Day of Caring events. According to the company, those volunteer efforts directly supported local organizations in communities served by PPL utilities.

What community impact did United Way cite from PPL's Feb. 25, 2026 donation of $10 million?

United Way cited improvement for well over 100,000 people in the Greater Lehigh Valley from PPL's contribution. According to the company, the partnership with United Way powers deep, localized impact across multiple regions.

Which PPL subsidiaries participated in the employee giving and volunteer efforts mentioned on Feb. 25, 2026?

Employees and retirees from PPL and subsidiaries including PPL Electric Utilities, Rhode Island Energy, Louisville Gas and Electric, and Kentucky Utilities participated. According to the company, all contributed to the campaign and volunteer events.