STOCK TITAN

Consumers Energy Foundation Prosperity Awards to Provide $500,000 to Michigan Nonprofits

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
CMS Energy (NYSE: CMS) announces the 2023 Prosperity Awards, offering $500,000 in grants to Michigan nonprofits and municipalities for economic development and community welfare. The Consumers Energy Foundation is accepting letters of intent for programs supporting Neighborhood Revitalization and Arts & Culture priorities, with a deadline of August 11.
Positive
  • None.
Negative
  • None.

JACKSON, Mich., Aug. 4, 2023 /PRNewswire/ -- The Consumers Energy Foundation is calling on nonprofit organizations across the state to submit letters of intent for the 2023 Prosperity Awards. The grants will provide as much as $250,000 to two or more Michigan nonprofits or municipalities to support economic development and improve community welfare. A total of $500,000 will be awarded through this grant program.

The Prosperity Awards are the third of three $500,000 signature grant rounds in 2023, totaling $1.5 million; Planet Award winners were announced in April, and People Award winners were announced in July. Letters of intent must be submitted by 5 p.m. Friday, Aug. 11 to be considered for the next phase of the application process.

The Foundation is accepting letters of intent in support of its Neighborhood Revitalization and Arts & Culture priorities:

  • Neighborhood Revitalization: Programs that cultivate attractive neighborhoods, revitalize commercial corridors, encourage downtown development, reduce blight and create safe and affordable housing.
  • Arts & Culture: Projects that enhance public assets and enrich the lives of community members, provide job and educational opportunities, attract visitors and support community vibrancy.

Last year, the Consumers Energy Foundation's Prosperity Awards helped Oxford and Muskegon Heights start major downtown and community transformations.

The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider. The Foundation contributes to the growth and strengthening of Michigan communities by investing in what's most important — our people, our planet and Michigan's prosperity. In 2022, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $18.5 million to Michigan nonprofits. 

Consumers Energy is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

For more information about Consumers Energy, go to ConsumersEnergy.com.

Check out Consumers Energy on Social Media 
Facebook: https://www.facebook.com/consumersenergymichigan
Twitter: https://twitter.com/consumersenergy
LinkedIn: https://linkedin.com/company/consumersenergy  
Instagram: https://www.instagram.com/consumersenergy 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/consumers-energy-foundation-prosperity-awards-to-provide-500-000-to-michigan-nonprofits-301893371.html

SOURCE Consumers Energy

FAQ

What are the 2023 Prosperity Awards by CMS Energy (NYSE: CMS)?

The 2023 Prosperity Awards are grants offered by CMS Energy (NYSE: CMS) to Michigan nonprofits and municipalities for economic development and community welfare.

What are the priorities for the grant programs?

The priorities are Neighborhood Revitalization and Arts & Culture.

What is the deadline for submitting letters of intent?

The deadline is 5 p.m. on Friday, Aug. 11.

Who is the charitable arm of Consumers Energy?

The Consumers Energy Foundation is the charitable arm of Consumers Energy.

How much did the Consumers Energy Foundation contribute to Michigan nonprofits in 2022?

In 2022, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $18.5 million to Michigan nonprofits.

CMS Energy Corporation

NYSE:CMS

CMS Rankings

CMS Latest News

CMS Stock Data

20.84B
296.46M
0.49%
97.66%
2.83%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
JACKSON