Avangrid Foundation Commits $250,000 to Feeding America for Hunger Relief
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Financial Commitment: The Avangrid Foundation's $250,000 grant will provide 2.5 million meals through the Feeding America network, significantly alleviating hunger issues in the U.S. and demonstrating the company's commitment to community support.
- Community Impact: This funding will support local food banks, including Connecticut Foodshare and Greater Boston Food Bank, ensuring vulnerable families have access to nutritious food, thereby enhancing the company's image in social responsibility.
- Employee Engagement: Avangrid employees have donated over 10,000 food items and contributed more than 2,600 volunteer hours this year, showcasing the company's active involvement and commitment to addressing hunger issues.
- Long-term Commitment: Since 2001, the Avangrid Foundation has invested over $42.4 million in community initiatives, reinforcing its dedication to advancing sustainable development goals and solidifying its position as a responsible corporate citizen.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
