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Dominion Energy Charitable Foundation Awards Grants to 352 Nonprofits Across Multiple States

1. Dominion awarded $10 million to 352 nonprofits across six states. 2. Funding focuses on human needs and environmental stewardship initiatives. 3. Grants include support for education and community vitality programs. 4. Economic contribution of $46.3 million to community causes in 2024. 5. Applications for future grants will open from August to September 2025.

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Why Bullish?

The substantial grants signify Dominion's strong community focus, enhancing its corporate reputation, similar to historical examples like Duke Energy's community investment boosting its public image.

How important is it?

The article highlights Dominion's financial commitment to community welfare, important for enhancing brand loyalty and public perception in its operational areas.

Why Long Term?

These grants can lead to sustained positive community relations, potentially improving customer loyalty and future revenue in the long run.

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DUKNRGAEP
- More than $10 million awarded to nonprofit organizations Grants awarded to 352 nonprofits across 6 states, including 190 in Virginia Funding supports human needs, environmental stewardship, education, and community vitality RICHMOND, Va.--(BUSINESS WIRE)--The Dominion Energy Charitable Foundation recently awarded $10 million in grants to nonprofit organizations across multiple states. Grants were awarded to 352 organizations across the Dominion Energy footprint, including 190 organizations in Virginia. This funding supports a variety of programs and services, including access to healthy meals for seniors, enhancing accessibility at nature trails, mental health services at community clinics, expanding homeownership education for families in need, and therapeutic art programs for military service members, veterans and their families, among other causes, such as: Rx Partnership in Richmond, which will expand medication access for people who are uninsured ForKids in Chesapeake, which will support the Regional Housing Crisis Hotline The Friends of Dyke Marsh in Alexandria, which will work to control invasive plants and restore habitat in the Dyke Marsh Wildlife Preserve "These shareholder-funded grants are designed to strengthen the good work that’s already taking place by nonprofits across local communities," said Hunter A. Applewhite, President of the Dominion Energy Charitable Foundation. "Every day, we strive to make a positive impact in all the areas that Dominion Energy serves. Supporting nonprofits helps to address important needs and to create meaningful outcomes.” Funding is available to organizations in areas where Dominion Energy provides electricity or natural gas or has significant business interests. These include Virginia, South Carolina, northeastern North Carolina, and parts of West Virginia, Connecticut, and Rhode Island. Applications for the next round of grants will be accepted from August 4 to September 15, 2025. Visit https://www.dominionenergy.com/foundation for more information. About the Dominion Energy Charitable Foundation Dominion Energy (NYSE: D) provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina; is one of the nation’s leading developers and operators of regulated offshore wind and solar power; and is the largest producer of carbon-free electricity in New England. Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy contributed $46.3 million in 2024 to community causes. The Foundation supports nonprofit causes that meet basic human needs, protect the environment, promote education, and encourage community vitality. Please visit DominionEnergy.com to learn more. News Category: Corporate & Financial More News From Dominion Energy

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