Avangrid Foundation Releases Annual Impact Report
Foundation donated $3.2 million and partnered with more than
300 organizations in 2019
ORANGE, Conn. — Aug. 19, 2020 — The Avangrid Foundation, the primary philanthropic arm of sustainable energy company AVANGRID, Inc. (NYSE: AGR), today released its 2019 Annual Impact Report, chronicling its efforts to help those in need and build sustainable communities.
The Avangrid Foundation invested more than $3.2 million and partnered with more than 300 organizations through direct and matching gift programs in 2019. Building on longstanding partnerships and initiatives across the 24-state AVANGRID company footprint and beyond, the “Energized for Good” report features stories about the environment, preserving cultural and artistic heritage, advancing education, and improving the lives of people where AVANGRID does business.
“The Avangrid Foundation’s work is helping create a healthier, more equitable and sustainable future for people and communities, and it’s possible because we’re deeply rooted in the places we serve,” said Nicole Grant, the Avangrid Foundation Executive Director. “Even in uncertain times, forging partnerships with grassroots and global organizations is how we execute a vision to make meaningful social impact.”
From strategic partnerships with the American Red Cross, Habitat for Humanity, RAINN, and the National Fish and Wildlife Foundation to employee-nominated community grants in Maine, Massachusetts, Connecticut, New York, South Dakota and Oregon, the Foundation’s giving is anchored by the U.N. Sustainable Development Goals.
The report is available here.
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About Avangrid Foundation: The Avangrid Foundation is an independent, nonprofit organization that funds philanthropic investments that primarily impact communities where AVANGRID, Inc. and its subsidiaries operate. Since 2002, the Avangrid Foundation and its predecessors have invested more than $24 million in partnerships that focus on building sustainable, vital and healthy communities; preserving cultural and artistic heritage; advancing education; and improving people’s lives. The Avangrid Foundation is committed to advancing the United Nations Sustainable Development Goals in the United States. For more information, please visit www.avangridfoundation.org.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $35 billion in assets and operations in 24 U.S. states. With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 6,600 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 and 2020 by the Ethisphere Institute. For more information, visit www.avangrid.com.