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Entergy Charitable Foundation Issues Nearly $800,000 in Grants

Entergy Charitable Foundation Issues Nearly $800,000 in Grants

Published 05-25-11

Submitted by Entergy Corporation

/PRNewswire/ - More than 50 nonprofit groups will receive nearly $800,000 in grants from the Entergy Charitable Foundation.

The latest round of grants from the foundation included a $75,000 gift to the United Negro College Fund, Inc. to fund scholarships at Philander College, Dillard University, Xavier University, Southern University, Tougaloo College, Rust College and Prairie View A&M. The fund's goal is to double the number of graduates from its 39 member colleges from 8,000 today to 16,000 by the spring of 2020.

In other education-related grants, the foundation gave:

  • a $54,000 grant to the Arkansas Single Parent Scholarship Fund to help fund $500 scholarships to single mothers and fathers trying to earn a college degree;
  • a $50,000 grant to Teach for America as part of Entergy's long-term support for the group's six-year plan to triple the number of its teachers in the Delta region to 550 and partner with high-needs districts in the Delta regions of Mississippi and Arkansas; and
  • a $50,000 grant to Louisiana Public Broadcasting for its Raising Readers/Between the Lions Literacy Project in New Orleans

The Entergy Charitable Foundation is a private, nonprofit foundation wholly funded by Entergy Corporation shareholders. 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 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 $11 billion and approximately 15,000 employees.

Entergy's online address is www.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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