Communities received $9.3M from Alliant Energy in 2024

Rhea-AI Summary

Alliant Energy and its charitable foundation, along with employees and retirees, contributed $9.3 million and over 80,000 volunteer hours to various causes in 2024. The company's initiatives focused on four key areas:

• Community safety: Provided over $55,000 in safety grants across 37 communities
• Environmental stewardship: Reached halfway milestone in One Million Trees initiative with 551,000 trees planted since July 2021
• Workforce readiness: Awarded over $103,000 in scholarships to 100+ students
• Hunger and housing: Committed $1 million over two years for Rural Hunger Initiative, launching school pantries and fresh protein programs

Positive

• Strong community engagement demonstrated through $9.3M in donations and 80,000 volunteer hours
• Environmental initiative on track with 551,000 trees planted
• Strategic investment in future workforce through $103,000 in scholarships

Negative

• None.

Giving advanced efforts including the company’s One Million Trees and Rural Hunger initiatives

MADISON, Wis.--(BUSINESS WIRE)-- Alliant Energy and the company’s charitable foundation, along with the company’s employees and retirees, collectively contributed nearly $9.3 million and over 80,000 volunteer hours to various causes and nonprofits in 2024.

“The passion Alliant Energy has for customers can be directly seen through the work of our Foundation and the volunteerism of our employees,” said Aimee Davis, Alliant Energy Foundation board chair. “In 2024 we partnered with food banks to offer programs to combat rural hunger and reached a major milestone in our goal to plant 1 million trees. I’m proud of the creative ways we worked to make things better for the communities we serve.”

The Alliant Energy Foundation’s giving and volunteer efforts focused on four areas: Community safety and engagement, environmental stewardship, workforce readiness and hunger and housing.

• Community safety and engagement: Improvements for emergency services and over $55,000 in safety grants covered 37 communities for many first response organizations including police and fire departments as they received vital new or upgraded equipment. Support was also provided to initiatives that bring communities together such as special events like fairs and building playgrounds.

• Environmental stewardship: Alliant Energy reached the halfway milestone last year in its goal to plant a million trees by the end of 2030. Since July 2021, the company has helped plant over 551,000 trees in Iowa and Wisconsin.

• Workforce readiness: To aid in the development of a solid workforce and attract future employees, the company worked to create accessible paths for students through a variety of scholarship opportunities. Over 100 students received scholarships with contributions totaling more than $103,000 to offset tuition costs and student loans.

• Hunger and housing: In partnership with local food banks, the Rural Hunger Initiative is a collaborative effort to combat challenges surrounding food insecurity in rural communities. The initiative provided $1 million over two years to combat hunger across Iowa and Wisconsin. Two programs were launched with food bank partners in Iowa. One focuses on school pantries. The other develops partnership agreements to bring fresh proteins like beef and pork from agricultural partners to hungry neighbors.

“Each day we provide support to critical programs and our partners who work to improve the communities we serve across Iowa and Wisconsin,” said Andy Kitslaar, executive director of the Alliant Energy Foundation. “Beyond grant support, our focus on employee volunteerism creates a direct impact on our neighbors. We are proud of the opportunities we provided to serve customers and build stronger communities last year.”

About The Alliant Energy Foundation

The Alliant Energy Foundation is a philanthropic organization created by Alliant Energy Corporation (NASDAQ: LNT) and is operated as a separate entity led by its own board of directors. The Foundation is committed to making a positive difference in the communities where Alliant Energy employees, retirees and customers live and work. The Foundation, which is funded solely by Alliant Energy share owners, seeks to further the corporation’s goal of being a good corporate citizen and contributing member of society. Since 1998, the Foundation has contributed more than $76 million to innovative projects and local nonprofits. For more information, visit alliantenergy.com/foundation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250228455630/en/

Media contact:

Melissa McCarville, melissamccarville@alliantenergy.com, (319) 786-4040

Investor relations contact:

Susan Trapp Gille, (608) 458-3956

Source: Alliant Energy

FAQ

How much did Alliant Energy (LNT) donate to communities in 2024?

Alliant Energy contributed $9.3 million and over 80,000 volunteer hours to various causes and nonprofits in 2024.

What is the progress of Alliant Energy's (LNT) One Million Trees initiative as of 2024?

Since July 2021, Alliant Energy has planted 551,000 trees in Iowa and Wisconsin, reaching the halfway point toward their 2030 goal of one million trees.

How much did Alliant Energy (LNT) invest in student scholarships in 2024?

Alliant Energy awarded over $103,000 in scholarships to more than 100 students to offset tuition costs and student loans.

What is Alliant Energy's (LNT) Rural Hunger Initiative investment?

Alliant Energy committed $1 million over two years to combat food insecurity in rural communities across Iowa and Wisconsin.