Foundations for Duke Energy, Indiana Economic Development Association Commit $150,000 To Improve Community Access to Affordable Child Care
Duke Energy Foundation and the Indiana Economic Development Association Foundation are jointly committing $150,000 in grants to improve access to affordable child care in Indiana communities. This follows a previous $100,000 funding round last year. Organizations can apply for grants up to $40,000 by January 31, 2025, with awards announced in March 2025.
The initiative addresses significant economic impacts revealed in an Indiana Chamber of Commerce report, which found that child care shortfalls cost Indiana's economy an estimated $4.22 billion annually, including $1.17 billion in lost tax revenue. Currently, only 61% of children needing care can be served through existing capacity.
Duke Energy Foundation e la Indiana Economic Development Association Foundation si impegnano congiuntamente a stanziare $150.000 in sovvenzioni per migliorare l'accesso a servizi di assistenza infantile accessibile nelle comunità dell'Indiana. Ciò segue un precedente round di finanziamento di $100.000 dello scorso anno. Le organizzazioni possono fare richiesta di sovvenzioni fino a $40.000 entro il 31 gennaio 2025, con l'annuncio dei premi previsto per marzo 2025.
L'iniziativa si propone di affrontare i significativi impatti economici rilevati in un rapporto della Camera di Commercio dell'Indiana, secondo il quale le carenze nell'assistenza infantile costano all'economia dell'Indiana circa $4,22 miliardi all'anno, inclusi $1,17 miliardi di entrate fiscali perse. Attualmente, solo il 61% dei bambini che necessitano di assistenza può essere accolto attraverso la capacità esistente.
Duke Energy Foundation y la Indiana Economic Development Association Foundation están comprometidos conjuntamente a destinar $150,000 en subvenciones para mejorar el acceso a cuidados infantiles asequibles en las comunidades de Indiana. Esto sigue a una ronda de financiamiento previa de $100,000 el año pasado. Las organizaciones pueden solicitar subvenciones de hasta $40,000 hasta el 31 de enero de 2025, con premios que se anunciarán en marzo de 2025.
La iniciativa aborda importantes impactos económicos revelados en un informe de la Cámara de Comercio de Indiana, que encontró que las deficiencias en el cuidado infantil le cuestan a la economía de Indiana aproximadamente $4.22 mil millones al año, incluyendo $1.17 mil millones en ingresos fiscales perdidos. Actualmente, solo el 61% de los niños que necesitan atención puede ser atendido a través de la capacidad existente.
Duke Energy Foundation와 Indiana Economic Development Association Foundation은 인디애나 커뮤니티의 저렴한 어린이 돌봄 서비스 접근을 개선하기 위해 공동으로 $150,000의 보조금을 약속합니다. 이는 작년에 있었던 $100,000의 자금 지원 라운드를 따르는 것입니다. 조직들은 2025년 1월 31일까지 최대 $40,000의 보조금을 신청할 수 있으며, 수상자는 2025년 3월에 발표될 예정입니다.
이 initiative는 인디애나 상공회의소의 보고서에서 드러난 중요한 경제적 영향을 다룹니다. 이 보고서는 어린이 돌봄 부족이 인디애나 경제에 연간 약 $4.22억 달러의 비용을 초래하며, 이 중 $1.17억 달러가 세수 손실로 이어진다고 밝혔습니다. 현재, 돌봄이 필요한 어린이의 61%만이 기존의 서비스 용량을 통해 지원받을 수 있습니다.
Duke Energy Foundation et la Indiana Economic Development Association Foundation s'engagent conjointement à allouer 150 000 $ en subventions pour améliorer l'accès à des services de garde d'enfants abordables dans les communautés de l'Indiana. Cela fait suite à un précédent tour de financement de 100 000 $ l'année dernière. Les organisations peuvent demander des subventions allant jusqu'à 40 000 $ d'ici le 31 janvier 2025, avec des prix annoncés en mars 2025.
Cette initiative aborde des impacts économiques significatifs révélés dans un rapport de la Chambre de Commerce de l'Indiana, qui a constaté que les lacunes en matière de garde d'enfants coûtent à l'économie de l'Indiana environ 4,22 milliards de dollars par an, y compris 1,17 milliard de dollars de recettes fiscales perdues. Actuellement, seulement 61 % des enfants ayant besoin de soins peuvent être accueillis par la capacité existante.
Duke Energy Foundation und die Indiana Economic Development Association Foundation engagieren sich gemeinsam mit $150.000 an Zuschüssen zur Verbesserung des Zugangs zu erschwinglicher Kinderbetreuung in den Gemeinden von Indiana. Dies folgt einer vorherigen Finanzierungsrunde von $100.000 im letzten Jahr. Organisationen können bis zum 31. Januar 2025 Zuschüsse von bis zu $40.000 beantragen, die Preise werden im März 2025 bekannt gegeben.
Die Initiative adressiert erhebliche wirtschaftliche Auswirkungen, die in einem Bericht der Handelskammer von Indiana offenbart wurden, der ergab, dass die Mängel in der Kinderbetreuung der Wirtschaft von Indiana jährlich schätzungsweise $4,22 Milliarden kosten, einschließlich $1,17 Milliarden an verlorenen Steuereinnahmen. Derzeit können nur 61% der Kinder, die Betreuung benötigen, durch die bestehende Kapazität bedient werden.
- Initiative addresses a significant economic issue costing Indiana $4.22B annually
- Provides up to $40,000 in grants per organization to address childcare accessibility
- Builds upon previous successful funding round of $100,000
- Current childcare capacity only serves 61% of children needing care in Indiana
- State faces $1.17B annual loss in tax revenue due to childcare shortfalls
PLAINFIELD, IN / ACCESSWIRE / December 5, 2024 / The Duke Energy Foundation and the Indiana Economic Development Association Foundation are committing
The new round of grants follows more than
"Inadequate access to high-quality, affordable child care not only creates significant barriers for parents and caretakers to participate and advance in the workforce, but also costs employers in lost productivity and employee retention," said Erin Schneider, managing director of economic development at Duke Energy. "We know that Indiana's child care challenges are complex and we hope these grant funds will help communities and employers develop solutions needed to support working parents and the state's economy."
State and local government entities, local and regional economic development agencies, and public and private nonprofit organizations are eligible to apply for grants up to
"Hoosier families, businesses and communities all feel the burden of insufficient child care options," said Matt Kavgian, executive director of the Indiana Economic Development Association. "Making sure that working parents have access to affordable, quality child care will have long-term benefits for Indiana's prosperity and economic competitiveness."
The Indiana Chamber of Commerce recently released a report examining the impact of child care challenges on Indiana's economy. The study found that Indiana loses out on an estimated
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Duke Energy: McKenzie Barbknecht
Phone: 800.559.3853
Email: mckenzie.barbknecht@duke-energy.com
IEDA: Matt Kavgian
Email: matt@ieda.org
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