The Duke Energy Foundation, the philanthropic arm of the largest electric power holding company in the U.S., gives out over $25 million in charitable grants each year, with a focus on education, environment, economic and workforce development and community impact.
This funder, which is an entirely separate grantmaking entity from private Duke Endowment, recently made headlines for committing over $1 million to education in Florida. Thirty-three Florida education programs are sharing this new pool of money specifically to boost STEM education in local schools.
"Supporting educational initiatives is an integral mission of the Duke Energy Foundation," Alex Glenn, Duke Energy state president of Florida said in a press release. "These grants help advance vital STEM-focused programs in local schools, which in turn prepare our students to become future community leaders."
These are the types of STEM causes that Duke Energy has been most interested in supporting lately:
- STEM after-school programs in Title 1 classrooms
- STEM education for elementary, middle, and high school students
- Practical programs that apply math skills to business
- STEM Teaching Training
- Matching grants
In fact, the funder’s K-12 local education foundation grants are actually eligible for matching grants through Florida's School District Education Foundation Matching Grant Program, which could potentially double this initial STEM investment. The largest of Duke Energy’s recent grants was $252,000 and went to the Pinellas County Education Foundation. Other grants were between $20,000 and $75,000.
Like many corporate funders, the Duke Energy Foundation gives back to the communities that the company serves. At this time Duke Energy serves North and South Carolina, Indiana, Kentucky, Ohio, and Florida. Duke Energy is headquartered in Charlotte, North Carolina, but Duke Energy Florida has its Florida regional headquarters in St. Petersburg.
In Florida, Duke Energy has given more than $56 million to local groups since 2000. Aside from education grants, this funder also supports Florida nonprofits working in economic and workforce development, community impact, and the environment.
According to the funder’s grant calendar, there are a few big grant opportunities available this summer. Nonprofits can continue applying for local community development grants all summer long and environmental grant opportunities open up in July and August. Check out Duke’s funding guidelines to learn more if your organization serves one of these 35 Florida counties.