Avangrid Foundation invested more than $3 million to make positive impact in communities in 2019

ORANGE, CONN. / AGILITYPR.NEWS / January 17, 2020 / Avangrid Foundation Invested more than $3 Million to Make Positive Impact in Communities in 2019

Highlights included national partnerships and employee engagement

ORANGE, Conn. — Jan. 17, 2020 — The Avangrid Foundation built on its growing record of positive community impact in 2019, investing more than $3 million in grants, scholarships and matching gift programs across the United States.

The Foundation provided the support as part of ongoing partnerships with more than 300 partners in more than 30 states. Its investments increased significantly over 2018, when the Foundation provided approximately $2.5 million to support philanthropic causes.

The Foundation is an independent, nonprofit organization that funds philanthropic activities primarily impacting communities where AVANGRID, Inc. (NYSE: AGR) and its companies do business.

“The Avangrid Foundation is driven by AVANGRID’s purpose of working together to deliver a more accessible clean energy model that promotes healthier, more sustainable communities every day,” said Jim Torgerson, the Foundation’s president. “The work of the Foundation is a testament to the strong partnerships we have built and our focus on innovating and investing to create a more equitable, vibrant and sustainable future in communities across the United States.”

Highlights from 2019 included:

• National Partnerships: The Avangrid Foundation in 2019 cemented partnerships with national organizations that have a major impact in communities where AVANGRID does business, including Habitat for Humanity, the American Red Cross and the National Fish and Wildlife Foundation. Learn more about these partnerships at the AVANews Blog.
• #AVANgives: For the first time, in 2019 the Avangrid Foundation asked AVANGRID employees to nominate community nonprofit organizations to receive grants, with a focus on organizations that provide services to youths. The Foundation Board selected 10 organizations to receive $5,000 grants, in an effort that revealed how invested AVANGRID employees are in their communities. Learn more about the recipients here.
• “Evicted”: The Avangrid Foundation announced a partnership with the National Building Museum to take the exhibit “Evicted” to more than a dozen communities across the United States over the next four years. The travelling exhibit distills and expands the conversation about America’s housing crisis, first told in the Pulitzer-prize winning book by Princeton-based Sociologist Dr. Matthew Desmond, “Evicted: Poverty and Progress in the American City.” Learn more here.
• Food Banks: The Foundation in 2019 provided support for food banks in all the major communities in which AVANGRID and its companies work, providing more than 250,000 meals per year from Portland, Oregon to Portland, Maine.

Click for video highlights.

To learn more about the Avangrid Foundation website and the organizations it supports, www.avangridfoundation.org.

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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 $21 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 $34 billion in assets and operations in 24 U.S. states. AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England. Avangrid Renewables owns and operates 7.2 gigawatts of electricity capacity, primarily through wind power, with a presence in 22 states across the United States. AVANGRID employs approximately 6,500 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 by the Ethisphere Institute. For more information, visit www.avangrid.com.  

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