PPL's fall charitable giving campaigns raise a record $7 million in employee and retiree pledges and matching funds to support local communities when they need it most

Rhea-AI Summary

PPL Corporation announced a record $7 million raised through its fall charitable giving campaigns, with support from employees and retirees. The funds will benefit local United Way agencies and nonprofits, targeting families affected by COVID-19, expanding educational opportunities, and providing essential health and social services. In total, over $10 million has been contributed this year by PPL and its foundations to support community initiatives, including addressing economic hardships and promoting social justice. PPL reaffirms its commitment to corporate citizenship and community support.

Positive

• Record $7 million raised through charitable giving campaigns.
• Total contributions exceed $10 million this year to support local communities.
• Focus on key areas such as COVID-19 relief, education, health care, and social justice.

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• None.

ALLENTOWN, Pa., Dec. 1, 2020 /PRNewswire/ -- At a time when community need is as great as ever, PPL is teaming up with employees and retirees to give back and make a difference. This fall, the company's charitable giving campaigns in the U.S. raised a record $7 million in employee and retiree pledges, together with matching funds from the corporation's foundations.

"In these extraordinary times, we knew this year's campaigns were as important as ever, and I'm incredibly proud of how our employees and retirees have responded," said Vincent Sorgi, PPL president and chief executive officer.

"For 100 years, we have had a special connection to our local communities, knowing that the service we provide is essential to families and businesses," said Sorgi. "At the same time, generations of PPL employees have always understood that we can make a positive impact beyond the electricity and gas we provide. That's what our annual employee giving campaigns are all about," said Sorgi.

Sorgi said the funds generated by this year's United Way campaign in Pennsylvania, Power of One Campaign in Kentucky and United Way campaign at PPL's Safari Energy subsidiary in New York City, will support local United Way agencies and nonprofit organizations that are a force for good in our communities.

The funds will assist families struggling with COVID-19; expand educational opportunities for children; support access to health care services, food, shelter and other basic needs; and offer additional assistance that supports healthy communities. In addition, they will build on assistance PPL and its foundations have provided throughout 2020.

Already this year alone, PPL's companies in the U.S. and U.K., the PPL Foundation, the LG&E and KU Foundation, and employees and retirees have contributed more than $10 million to support local communities. This includes annual foundation grant programs in Pennsylvania and Kentucky, contributions to confront racism and support social justice initiatives, and more than $2 million in funding to support those struggling from economic hardships during the COVID-19 pandemic.

The support is one of the many ways the company works year-round to uphold its values, which include a focus on corporate citizenship.

"At the end of the day, we understand that we succeed when our customers and communities succeed," said Sorgi. "And as we turn the page on a century of service and begin a new chapter in our history, we remain committed to building stronger communities in all of the regions we serve."

To learn more about PPL's charitable giving programs, visit pplcares.com and lge-ku.com/community.

Headquartered in Allentown, Pennsylvania, PPL Corporation (NYSE: PPL) is one of the largest companies in the U.S. utility sector. PPL's seven high-performing, award-winning utilities serve more than 10 million customers in the United States and United Kingdom. With more than 12,000 employees, the company is dedicated to providing exceptional customer service and reliability and delivering superior value for shareowners. To learn more, visit www.pplweb.com.

Note to Editors: Visit our media website at www.pplnewsroom.com for additional news and background about PPL Corporation.

Contacts for news media:      
PPL Corporation, Lissette Santana, 610-774-5997

 

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SOURCE PPL Corporation

FAQ

What is the amount raised by PPL's fall charitable giving campaigns?

PPL raised a record $7 million through its fall charitable giving campaigns.

How much has PPL contributed to communities in total this year?

PPL has contributed over $10 million this year to support community initiatives.

What causes are supported by PPL's charitable contributions?

PPL's contributions support COVID-19 relief, educational opportunities, health care services, and social justice initiatives.

Who benefits from PPL's charitable giving campaigns?

Local United Way agencies, nonprofit organizations, and families struggling with COVID-19 benefit from PPL's charitable giving campaigns.

What is PPL's stance on corporate citizenship?

PPL emphasizes corporate citizenship, stating that their success is tied to the success of their customers and communities.