EQT Launches New Giving Programs For Greene And Wetzel Counties

Rhea-AI Summary

EQT Corporation has launched GIVE Greene and GIVE Wetzel, two new giving programs aimed at supporting communities in Greene and Wetzel counties. Each program is seeded with a $25,000 initial donation, with community leaders overseeing fund distribution. In 2021, EQT contributed nearly $975,000 to Greene County and $500,000 to Wetzel County through various initiatives. Additionally, EQT will double match employee donations on Giving Tuesday, with last year's matching raising $110,000. The corporation is donating $32,000 to local school districts and organizations for holiday support.

Positive

• Launch of GIVE Greene and GIVE Wetzel with a $25,000 donation each.
• Significant community contributions of nearly $975,000 to Greene County and $500,000 to Wetzel County in 2021.
• Employee donation matching program raised $110,000 in 2020 for local nonprofits.
• Direct donations of $32,000 aimed at supporting children and families during the holiday season.

Negative

• None.

PITTSBURGH, Nov. 30, 2021 /PRNewswire/ -- In honor of Giving Tuesday, EQT Corporation (NYSE: EQT), in partnership with the Community Foundation of Greene County and the Community Foundation for the Ohio Valley, today announced the launch of two new giving programs to support the communities of Greene and Wetzel counties.

EQT Foundation will launch GIVE Greene and GIVE Wetzel with an initial $25,000 donation to each fund. While EQT is initiating and seeding each fund, the growth of the program and distribution of the funds will be led by community leaders within Greene and Wetzel counties. A committee of leaders in Greene and Wetzel counties will work on a bi-annual basis to distribute grant awards from the funds to support nonprofits, schools and municipalities in their efforts to better each community.

"We are proud to be a part of the many communities where we operate and strongly believe that giving back is our responsibility," said Toby Z. Rice, President and Chief Executive Officer of EQT. "We are deeply committed to helping these communities, like Greene and Wetzel counties, continue to thrive and grow for many years to come."

So far in 2021, through both corporate donations and via the EQT Foundation, EQT has contributed nearly $975,000 to Greene county and $500,000 to Wetzel county. That money has been used to fund programs, events and other community initiatives.

In addition to launching GIVE Greene and GIVE Wetzel, EQT Foundation is also sponsoring a special Giving Tuesday match program for employees. The Foundation will double match all employee donations to eligible nonprofits made on Giving Tuesday. In 2020, EQT and its employees raised nearly $110,000 through the match program. 

Beyond donations, EQT employees are also giving their time this Giving Tuesday. Employees can choose to participate in an array of volunteer opportunities to support local agencies in the communities where EQT operates. To ensure every family can experience the joy of the holiday season, employees will also be participating in Angel Tree programs and Adopt-A-Family programs across EQT's footprint.

EQT Corporation is also making $32,000 in donations to school districts, boards of education and community organizations to help ensure children and families in our community have a happy holiday. The funds will be used to provide presents, toys and holiday meals.

EQT Contact:
Bridget McNie
Director of Communications
412.720.4500
Bridget.mcnie@eqt.com 

About EQT
EQT Corporation is a leading independent natural gas production company with operations focused in the cores of the Marcellus and Utica Shales in the Appalachian Basin. We are dedicated to responsibly developing our world-class asset base and being the operator of choice for our stakeholders. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy. We have a longstanding commitment to the safety of our employees, contractors, and communities, and to the reduction of our overall environmental footprint. Our values are evident in the way we operate and in how we interact each day – trust, teamwork, heart, and evolution are at the center of all we do. To learn more, visit eqt.com.

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SOURCE EQT Corporation

FAQ

What is the purpose of the new giving programs launched by EQT on Giving Tuesday?

The new giving programs, GIVE Greene and GIVE Wetzel, aim to support nonprofits, schools, and municipalities in Greene and Wetzel counties.

How much has EQT donated to Greene and Wetzel counties in 2021?

In 2021, EQT contributed nearly $975,000 to Greene County and $500,000 to Wetzel County.

What is the employee donation matching program at EQT?

EQT will double match all employee donations to eligible nonprofits made on Giving Tuesday.

What amount did EQT raise through the employee donation match program in 2020?

EQT and its employees raised nearly $110,000 through the matching program in 2020.

How much is EQT donating to local school districts for holiday support?

EQT is donating $32,000 to local school districts and organizations to help ensure children's holiday happiness.