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Entergy Foundation Gives $1.4 Million in Grants to Nonprofits in Seven States

Louisiana-based Groups Receive $1,000,000 in Grants

Entergy Foundation Gives $1.4 Million in Grants to Nonprofits in Seven States

Louisiana-based Groups Receive $1,000,000 in Grants

Published 05-20-09

Submitted by Entergy Corporation

NEW ORLEANS, May 20 /PRNewswire-FirstCall/ -- The Entergy Charitable Foundation has issued $1.4 million in grants to organizations in seven states served by Entergy Corporation businesses.

Approximately $800,000 in grants went to nonprofit groups in the New Orleans metro area working to help the region continue its recovery from Hurricane Katrina. Those grants were part of $1 million given to Louisiana organizations.

The St. Bernard Project received a grant of $511,975 to help it expand its home rebuilding program to the Gentilly neighborhood in New Orleans. The group plans to rebuild 25 Gentilly homes and 25 homes in St. Bernard, all built and furnished to Energy Star energy efficiency standards.

The next largest grant, $150,000, was to KIPP New Orleans, Inc., which runs five elementary and middle schools in New Orleans targeted to students of low-income families. More than 1,000 children attend the schools. The foundation also donated $50,000 to the Greater New Orleans Economic Development Foundation to help attract and retain businesses in the 10-parish area. A $25,000 grant was given to the Preservation Alliance of New Orleans for its Rebuilding New Orleans Together energy efficiency program aimed at elderly and disabled homeowners.

The Gulf Coast Housing Development Corp. received a $75,000 grant to help fund a "gateway project" that is part of a larger effort to revitalize the Old South Baton Rouge area with mixed-use developments.

Louisiana Public Broadcasting also received $50,000 from the foundation to help fund its Raising Readers initiative.

The foundation gave $30,000 to the Arkansas Single Parent Scholarship Fund. The fund gives scholarships to low-income mothers and fathers who are working to earn a college degree.

Other education-oriented grants were given to the Project SMART program run by the Oswego College Foundation, Inc. and the Peekskill City School District. Project SMART helps teams of educators develop curriculum that connect students with real-life applications of educational principles. The Peekskill grant will help purchase technology equipment for science classes.

The Entergy Charitable Foundation is a private, nonprofit foundation wholly funded by Entergy Corporation. The goal of the foundation is to support initiatives that help create and sustain thriving communities. ECF has a special focus on low-income initiatives as well as educational and literacy programs and efforts to protect the environment.

The ECF accepts applications three times per year. For more information or to access an application form from the Entergy Charitable Foundation, look under "Our Community/Corporate and Foundation Giving" at www.entergy.com.

Entergy Corporation
is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $13 billion and approximately 14,700 employees.

For more information about Entergy, visit entergy.com.

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Entergy Corporation

Entergy Corporation

Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

Corporate Social Responsibility at Entergy

For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Entergy annually contributes $16-$18 million in shareholder-funded grants to approximately 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer more than 100,000 hours in those communities' values at more than $3 million.

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