The Dominion Energy Charitable Foundation is the philanthropic arm of our company.
Its overriding purpose is to fund the future in social, educational, and environmental grants.
The Foundation focuses on four principal areas:
- Human needs grants that support increased food security, housing and shelter, and access to basic medical and health care;
- Environmental stewardship grants to protect natural resources and help non-profit organizations make efficient use of energy;
- Education grants to develop the capacity of the future workforce, especially in STEM and energy fields; and
- Community vitality grants to foster an appreciation of diversity, revitalize neighborhoods, and ensure a vibrant community through support of cultural endeavors.
In 2020, the Foundation’s charitable giving amounted to $22.3 million.
In addition, the company made numerous commitments to the cause of social justice. These included a
six-year, $25 million pledge of support to Historically Black Colleges and Universities — our “HBCU
At the same time, we established the $10-million Dominion Energy Educational Equity Scholarship program, which provides college scholarships for African American, Hispanic, and Asian-American students and students from other under-represented communities.
We also committed $5 million for grants to organizations that do the work of social justice and community rebuilding. Of the $2 million paid out in 2020 towards this initiative, $1 million went to causes focused on dismantling systemic racism. Among the recipients was the Urban League of Greater Cleveland, which will use a $100,000 grant to establish a Social Justice and Civil Rights Institute that will develop strategies to strengthen and empower civic leaders. The other $1 million paid in 2020 was dedicated to helping small businesses recover and rebuild. Recipients included the Small Business Development Corporation at South Carolina State University.
The company provided relief funding to help those affected by the coronavirus pandemic, contributing $4 million through 331 grants. When these and other grants are combined with the company’s energy assistance, direct giving, and similar programs, Dominion Energy contributed $58.1 million to social betterment in 2020.
Our veteran-focused Dominion Energy Charity Classic golf tournament raised $1.5 million for charitable causes in 2020. Since its inaugural competition in 2016, it has raised more than $5 million for worthy causes. In 2021, the event’s Pro-Am tournament was renamed the Tom Farrell Memorial Pro-Am in honor of Dominion Energy’s late CEO, who was instrumental in bringing the PGA TOUR event to Richmond, Virginia.
Say Yes to Cleveland
Say Yes to Cleveland received a $500,000 grant over four years to provide tuition assistance for eligible students graduating from the Cleveland Metropolitan School District. These scholarships will provide full, four-year scholarships to degree and certificate programs at public institutions in Ohio for students whose households earn $75,000 or less annually. Students whose households earn more will still be eligible for $5,000 tuition assistance for up to four years of their degree or certificate program at a public institution. Community collaborations also will provide individualized support and wraparound services, including medical, dental, and mental health support, legal aid, and family support, to develop the gifts and talents of each child from pre-K through high school graduation.