Press Releases
08/24/2018
Avangrid Foundation: A Northeast Grantmaker With an Interest in Food Insecurity
Avangrid Foundation: A Northeast Grantmaker With an Interest in Food Insecurity
Avangrid Foundation: A Northeast Grantmaker With an Interest in Food Insecurity
The Avangrid Foundation recently made a $100,000 grant to a Maine food bank. This funder previously supported the Connecticut Food Bank and has a strong preference for local causes in the Northeast, so this gift is not out-of-line with its previous giving. Avangrid's grantmaking generally focuses on cooperation and solidarity, arts and culture, and sustainability and biodiversity. It also provides scholarships for studies of energy and the environment, which is not surprising given that they are the corporate giving arm of Avangrid, Inc., an energy and utility company based in Orange, Connecticut.
We know that food insecurity has deep roots in economic hardship. As we’ve previously reported, it can be approached philanthropically through backing emergency and stopgap services like food banks as well as upstream approaches that aim to improve economic opportunity and improve local food systems. Organic and sustainable farming methods are also a related growing area of philanthropic interest. Multifaceted food-based undertakings like the establishment of community gardens, farmers markets and/or training kitchens can combine many of these approaches by increasing access to nutritious food while offering employment or job skill development in the food industry.
Numerous individual donors and local community foundations play a major role in fighting hunger. A few of the private foundations that are significant investors in this cause are the W.K. Kellogg Foundation and the Laura and John Arnold Foundation. Big corporate funders in the realm include the Caterpillar Foundation, ConAgra Foods Foundation, and Bank of America.
The Avangrid Foundation's spring 2018 grant to the Good Shepherd Food Bank was given in partnership with one of its parent company's subsidiaries, Central Maine Power. CMP employees and food bank employees joined in the groundbreaking of a new cold storage facility in Hampden, Maine.
“Our state is ranked seventh in the nation for food insecurity,” Doug Herling, president and CEO of Central Maine Power said, adding that many Mainers “are forced to choose between food or utilities,” and that, “No one should have to make these types of choices.”
Maine also has the highest rate of food insecurity in New England, Kristen Miale, president of the Good Shepherd Food Bank, points out. She said the new refrigeration and distribution center “will have a transformative effect on increasing access to healthy food for the people we serve.”
The new facility will allow for state-of-the-art cold storage of produce, fish, and other local products, enabling year-round distribution of perishable foods, “and provide vital access to healthy fruits and vegetables for the needy families in central, northern, and eastern Maine.” The food bank plans to open the facility in the summer of 2019.
In 2016, about 12 percent of American households were food insecure. Currently, the Feeding America Network, the largest domestic hunger-relief organization in the U.S., which is made up of more than 60,000 food banks, pantries, and meal programs, says more than 46 million people use its services annually—closer to 14 percent of the U.S. population.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.