American Water Continues its Commitment to the Camden, NJ Community

Rhea-AI Summary

American Water, the largest regulated water and wastewater utility company in the U.S., released its annual Camden Community Investment Report for 2023, showcasing its commitment to the Camden, NJ community. The company donated over $1.5 million to various organizations in the city, supporting economic development, housing, education, and environmental initiatives. American Water employees also dedicated over 500 volunteer hours to community projects and events, reinforcing their impact on Camden residents and stakeholders.

Positive

• American Water demonstrates a strong commitment to community engagement and social responsibility by investing over $1.5 million in Camden-based organizations.

• The company's partnership with local schools and organizations, such as the installation of reusable bottle filling stations and funding for educational programs, highlights its dedication to supporting education and environmental initiatives.

• American Water employees' active involvement in volunteer projects and community events showcases their commitment to giving back and fostering meaningful relationships with Camden residents and stakeholders.

Negative

• None.

Company Publishes its Community Investment Report and Celebrates Five Years on the Camden Waterfront

CAMDEN, N.J.--(BUSINESS WIRE)-- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., released its annual Camden Community Investment Report for 2023. This report demonstrates American Water's continued commitment to cultivating and maintaining meaningful and impactful relationships with Camden residents, stakeholders, businesses, and non-profit organizations.

"American Water is proud to be part of all the great progress happening in Camden," said M. Susan Hardwick, president and chief executive officer, American Water. "Since moving to Camden in 2018, we've been purposefully working on expanding our collaboration with community businesses and organizations ensuring we are an impactful corporate citizen helping the residents, families and students in this wonderful city."

In 2023, American Water, New Jersey American Water and the American Water Charitable Foundation donated over $1.5 million to various organizations across the city. Some of the highlights in the report include:

• $950,000 in Neighborhood Revitalization Tax Credit Program (NRTC) funding awarded by New Jersey American Water to three Camden-based organizations supporting economic development, housing and homeownership programs, and social services.
• American Charitable Foundation, in collaboration with New Jersey American Water, awarded $250,000 through the Foundation’s Water and Environment Grant Program to Upstream Alliance, supporting a Solar-Electric Education Vessel to conduct on-water learning for Camden students.
• American Water Charitable Foundation provided a combined total of $25,000 in One Water Street grants to five of American Water’s long-standing Camden community partners.
• New Jersey American Water and the American Water Charitable Foundation partnered with the Camden City School District to install reusable bottle filling stations in school cafeterias.

Employees were excited to give back to the communities where they live and work, lending a helping hand, sharing their experience and expertise in various ways and committing more than 500 volunteer hours throughout Camden in 2023. Additionally, American Water employees engaged with residents and other stakeholders in nearly 50 community and workforce development events. Events included hosting a National STEM Day workshop at Eastside High School, volunteer projects during the company’s AmerICANs in Action! Month of Service in September, and keeping people hydrated at numerous Camden Strong Community Cleanups as well as other events throughout Camden with the H2O on the Go water van.

For the full Camden Community Investment Report, click here.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About New Jersey American Water

New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing high-quality and reliable water and wastewater services to approximately 2.9 million people.

About American Water Charitable Foundation

The American Water Charitable Foundation is a 501(c)(3) nonprofit organization that provides a formal way to demonstrate the company’s ongoing commitment to be a good neighbor, citizen, and contributor to the communities where American Water and its employees live, work and operate. For more information, visit amwater.com/awcf.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240502882475/en/

Media Contact:

Darius Merriweather

Manager, Corporate Communications and External Affairs

856-726-1742

darius.merriweather@amwater.com

Source: American Water

FAQ

How much did American Water donate to various organizations in Camden in 2023?

American Water, New Jersey American Water, and the American Water Charitable Foundation donated over $1.5 million to various organizations across the city.

What are some highlights of the Camden Community Investment Report for 2023?

Highlights include $950,000 in NRTC funding awarded to Camden-based organizations, $250,000 for a Solar-Electric Education Vessel, and $25,000 in One Water Street grants to community partners.

How many volunteer hours did American Water employees dedicate to Camden in 2023?

American Water employees committed more than 500 volunteer hours to community projects and events throughout Camden.