TEGNA Named One of the Most Community-Minded Companies in the U.S. by The Civic 50 for Fifth Consecutive Year

Rhea-AI Summary

TEGNA (NYSE: TGNA) has been named a 2024 honoree of The Civic 50 by Points of Light, marking its fifth consecutive year on the list and fourth as the Telecommunications Sector Leader. TEGNA Foundation has awarded 155 Community Grants across 37 markets, supporting diverse UN Sustainable Development Goals. Key initiatives include food provision in Charlotte, a nature trail in Dallas, children's rehabilitation in Buffalo, and academic support in Tampa. Additionally, TEGNA approved nine Media Grants to support diverse journalism education. More details can be found at TEGNAFoundation.org.

Positive

• TEGNA named a 2024 honoree of The Civic 50 by Points of Light for the fifth consecutive year.
• Fourth consecutive year as Telecommunications Sector Leader.
• 155 Community Grants awarded in 37 local markets.
• 57% of grants support Good Health and Well-being initiatives.
• 16% of grants support Zero Hunger and Quality Education each.
• Support for diverse journalism education through nine Media Grants.
• Significant community support projects in Charlotte, Dallas, Buffalo, and Tampa.
• TEGNA stations amplify charitable contributions through reporting and volunteerism.

Negative

• None.

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) today announced it has been named a 2024 honoree of The Civic 50 by Points of Light and the Telecommunications Sector Leader. The Civic 50 honors the most community-minded companies in the United States. 2024 marks TEGNA’s fifth consecutive year on the list, and the fourth year as Telecommunications Sector Leader.

“Our local stations exemplify our commitment to serving the greater good of our communities,” said Dave Lougee, president and CEO, TEGNA. “Whether it’s meeting urgent needs or raising awareness for vital causes, we remain committed to helping local nonprofits in their essential missions.”

Today, the TEGNA Foundation also announced it has awarded 155 Community Grants in 37 local markets in partnership with its stations. A summary of 2024 TEGNA Foundation Community Grants to date is available at TEGNAFoundation.org.

Round 1 TEGNA Foundation Community Grants support the following UN Sustainable Development Goal (UN SDG) areas: 57% Good Health and Well-being; 16% Zero Hunger; 16% Quality Education; 7% Decent Work and Economic Growth; 2% No Poverty; 1% Reduced Inequality; and 1% Life on Land. Within these categories, several causes stand out as areas particularly significant to the communities where TEGNA does business, including:

• WCNC (Charlotte): Support for Fort Mill Care Center and Nourish Up (formerly Loaves & Fishes/Friendship Trays) supporting the annual Scouting for Food Campaign, providing food to those in need.
• WFAA (Dallas): A grant to Greenspace Dallas, to support the creation of the WFAA Nature Trail in commemoration of WFAA's 75th anniversary.
• WGRZ (Buffalo): Ongoing support for the Children’s Rehabilitation Foundation of Variety Club, the nonprofit supported through the station’s annual Variety Kids Telethon – raising over $1 million in 2024 for children in need in Western New York.
• WTSP (Tampa): Ten grants supporting local community initiatives and small nonprofit organizations, including a grant to the Pace Center for Girls to provide academic support, counseling and social services to girls who have experienced trauma.

TEGNA Community Grants are vetted by a committee of employees at each station, including the station general manager, and approved by the TEGNA Foundation Board of Directors. Stations also amplify the impact of the TEGNA Foundation’s charitable contributions through reporting and employee volunteerism.

The TEGNA Foundation Board of Directors also approved nine Media Grants that support education and training for the next generation of diverse journalists at the following organizations: Asian American Journalists Association (AAJA), Indigenous Journalists Association, Investigative Reporters & Editors, Inc. (IRE), National Association of Black Journalists (NABJ), NAHJ Association, NLGJA: The Association of LGBTQ Journalists, Online News Association (ONA), Poynter Institute For Media Studies, Inc. and Radio Television Digital News Foundation.

More information about TEGNA’s Social Responsibility initiatives and reporting can be found in the social responsibility section of TEGNA’s website, including our 2024 Impact Report. To learn more and/or apply for a TEGNA Foundation Community Grant, visit TEGNAfoundation.org.

About TEGNA Foundation

The TEGNA Foundation is a corporate foundation sponsored by TEGNA Inc. (NYSE: TGNA), an innovative media company that serves the greater good of our communities. Through its programs, TEGNA Foundation helps to improve lives in the communities served by TEGNA Inc., invests in the future of the media industry, encourages employee giving and contributes to a variety of charitable causes. For more information visit TEGNAfoundation.org.

About TEGNA

TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. With 64 television stations in 51 U.S. markets, TEGNA is the largest owner of top 4 network affiliates in the top 25 markets among independent station groups, reaching approximately 39 percent of all television households nationwide. TEGNA also owns leading multicast networks True Crime Network and Quest. TEGNA offers innovative solutions to help businesses reach consumers across television, digital and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. For more information, visit www.TEGNA.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514415391/en/

For media inquiries, contact:

Anne Bentley

Vice President, Chief Communications Officer

703-873-6366

abentley@TEGNA.com

For investor inquiries, contact:

Julie Heskett

Senior Vice President, Chief Financial Officer

703-873-6747

investorrelations@TEGNA.com

Source: TEGNA Inc.

FAQ

What is TEGNA's stock symbol?

TEGNA's stock symbol is TGNA.

How many consecutive years has TEGNA been named in The Civic 50?

TEGNA has been named in The Civic 50 for five consecutive years.

What percentage of TEGNA's Community Grants support Good Health and Well-being?

57% of TEGNA's Community Grants support Good Health and Well-being.

Which local markets received TEGNA Foundation Community Grants?

TEGNA Foundation awarded Community Grants in 37 local markets.

What are some key initiatives supported by TEGNA Foundation Community Grants?

Key initiatives include food provision in Charlotte, a nature trail in Dallas, children's rehabilitation in Buffalo, and academic support in Tampa.

What organizations received TEGNA's Media Grants?

Recipients include the Asian American Journalists Association, Indigenous Journalists Association, National Association of Black Journalists, and others.