Southern Company Awards Grants to Historically Black Colleges and Universities for Technology

Rhea-AI Summary

Southern Company has announced grants to support technology initiatives at 21 historically black colleges and universities (HBCUs) as part of its $50 million HBCU initiative launched in January 2020. This funding addresses challenges worsened by the pandemic, providing essential technology tools and infrastructure. The grants, up to $500,000 each, are aimed at enhancing career readiness for students. Since the initiative began, the company has invested over $6 million in HBCUs, reinforcing its commitment to education and equity in the face of recent calls for social justice.

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• Southern Company allocated grants to 21 HBCUs to enhance technology and education.
• Total commitment of $50 million to support HBCU initiatives since January 2020.
• Grants aim to improve student career readiness and address pandemic-related challenges.
• Over $6 million provided to HBCUs since the initiative's launch.

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• None.

ATLANTA, Nov. 11, 2020 /PRNewswire/ -- Southern Company announced today it is awarding grants to support technology for 21 historically black colleges and universities across several states, through its charitable foundation.

This commitment is part of Southern Company's overall $50 million HBCU initiative, announced in January 2020, to provide students attending these institutions with scholarships, internships, leadership development and access to technology and innovation to support career readiness. This round of grants will help address challenges created by the pandemic by funding technology tools, infrastructure support, professional development and IT services to select undergraduate HBCUs within the Southern Company system's service footprint in Alabama, Georgia, Mississippi, Tennessee and Virginia.

"We are thrilled to partner with some of the country's leading institutions of higher learning as we invest in the next generation of technology leaders," said Thomas A. Fanning, chairman, president and CEO, Southern Company. "After speaking with many institutions across our footprint, we heard the call loud and clear: new and better technology is needed to deliver quality education to students, now and in years to come. The goal is to provide resources that will stimulate the kind of critical thinking that will allow students to embrace ideas that will drive the change required for success today and into the future. We look forward to seeing what students from these universities will achieve through the grants we are providing."

Southern Company is honored to be part of a growing group of corporate and philanthropic partners who have increased support for HBCUs in the wake of the pandemic and mounting calls for racial justice. The company seeks to increase the spotlight on these institutions beyond the current moment, underscoring the importance of HBCUs in higher education and in American life. Since Southern Company's HBCU initiative was launched earlier this year, the company has provided more than $6 million to schools across its service territory.

"We are proud to be among those who are investing in HBCUs. These institutions are at the forefront of critical work around equity and innovation in America, helping us tackle some of our most complex challenges. I am excited to announce this round of grants and look forward to upcoming grant announcements that will be open to these important institutions," said Chris Womack, who recently became the president of Georgia Power, as of Nov. 1.

As part of the $50 million initiative, this round of allocations will be awarded by the Southern Company Foundation to qualifying institutions in grants up to $500,000. Southern Company intends to open additional grant applications in support of other needs at qualifying HBCUs in the near future. The energy company will collaborate with academic leaders from across its footprint to identify areas of need and channel resources into the programs that will create the most impact.

This opportunity follows the $1 million gift from Southern Company Gas and the Southern Company Gas Charitable Foundation to Morehouse School of Medicine to support the university's academic expansion and efforts to provide greater equity in health care. The funding enables the medical school to strengthen its educational offerings and research enterprise, including its budding Natural Products Research Center and the development of an Emerging Pathogens Research Team focused on topics such as coronaviruses. 

Southern Company and its subsidiaries are committed to the success of HBCUs. For more information about the technology grants, please contact Anthony Oni, Southern Company Gas vice president of corporate communications, at Hbcu@southernco.com.

About Southern Company
Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Fortune's "World's Most Admired Companies" list, Forbes and the Women's Choice Award. To learn more, visit www.southerncompany.com.

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SOURCE Southern Company

FAQ

What is Southern Company's initiative regarding HBCUs?

Southern Company has launched a $50 million initiative to provide support for historically black colleges and universities (HBCUs), focusing on technology and education.

How much funding did Southern Company provide to HBCUs?

Southern Company has committed a total of over $6 million to HBCUs since the initiative began in January 2020.

What are the grant amounts for HBCUs from Southern Company?

Grants awarded to HBCUs can be up to $500,000 each.

When was the HBCU initiative announced by Southern Company?

The HBCU initiative was announced in January 2020.

What states are included in Southern Company's HBCU initiative?

The initiative includes HBCUs in Alabama, Georgia, Mississippi, Tennessee, and Virginia.