Union Pacific Awards $5.5 Million in Grants Supporting Local Communities and Underserved Populations

Rhea-AI Summary

Union Pacific Railroad's Community Ties Giving Program has awarded $5.5 million in grants to 576 nonprofit organizations, focusing on Diversity, Equity, and Inclusion (DE&I). Over 16 million people in underserved areas will benefit from these funds, which emphasize safety, workforce development, and community spaces. Union Pacific aims for 100% of its grants to align with DE&I values by 2023. Grants typically range from $2,500 to $25,000, selected through a competitive process.

Positive

• Awarding $5.5 million in grants directly impacts communities and enhances company reputation.
• Focus on supporting 576 nonprofit organizations aligns with company values and social responsibility.

Negative

• None.

OMAHA, Neb., Nov. 9, 2021 /PRNewswire/ -- Union Pacific Railroad's Community Ties Giving Program awarded $5.5 million in local grants to 576 nonprofit organizations, with 81% going to local organizations that align with Union Pacific's Diversity, Equity, and Inclusion (DE&I) values.

Sixteen million people in underserved and underrepresented communities across Union Pacific's 23-state rail network will benefit from the grants awarded based on three of the company's top philanthropic priorities: safety, workforce development and community spaces.

"Union Pacific is proud to partner with local-based organizations that are often doing the unsung, behind-the-scenes work needed to keep our communities safe and economically vibrant," said Scott Moore, senior vice president and chief administrative officer for Union Pacific. "These organizations improve the quality of life for millions day-in and day-out, including veterans, disabled individuals and people in underrepresented communities."

Earlier this year, Union Pacific announced that organizations receiving local grants or participating in its key partnerships through the Community Ties Giving Program must demonstrate a commitment to DE&I principles by 2023. This commitment should be demonstrated in at least one of the following ways:

• Grant mission: The purpose of the grant is to advance the interests of an underrepresented or underserved population, or the grant will be used to advance the organization's own capacity around DE&I.
• Target population: The grant will primarily serve an underrepresented population.
• Grantee organizational structure and culture: The organization is taking actions to instill DE&I internally and/or within its programs.

The company views its goal of reaching 100% of DE&I-aligned grants as a multi-year journey, and Union Pacific is ready to help its partners create their own programs with capacity-building grants or DE&I training.

Union Pacific's grants typically range between $2,500 to $25,000 and are given to local organizations across Union Pacific's rail system. Recipients are selected through an open, competitive applications process. To learn more about Union Pacific's Community Ties Giving Program or apply for local grants, visit up.com/communityties.

ABOUT UNION PACIFIC

Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

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SOURCE Union Pacific Corporation

FAQ

How much did Union Pacific award in grants in 2021?

Union Pacific awarded $5.5 million in grants in 2021.

What is the focus of the grants awarded by Union Pacific?

The grants focus on Diversity, Equity, and Inclusion (DE&I), safety, workforce development, and community spaces.

How many organizations received grants from Union Pacific?

A total of 576 nonprofit organizations received grants from Union Pacific.

What population benefits from Union Pacific's grants?

The grants benefit over 16 million people in underserved and underrepresented communities.

What is the range of grants provided by Union Pacific?

Union Pacific typically provides grants ranging from $2,500 to $25,000.

What future commitment does Union Pacific have regarding DE&I grants?

Union Pacific aims to ensure that 100% of its DE&I-aligned grants are awarded by 2023.