Funder Spotlight: Duke Energy Foundation

Funder Spotlight: Duke Energy Foundation

April 14, 2022

North Carolina is home to a number of funding institutions supporting economic development and related strategies necessary for economic growth. As a result of Golden LEAF’s strategic plan, one of the five strategic priorities is to have, and be recognized for, excellence in organizational collaboration, innovation, and impact. To help address this goal, a spotlight on North Carolina funders will be included in the Golden LEAF Newsletter at the beginning of each month as a resource for our readers.

Duke Energy Foundation’s mission is to power the vitality of our communities through philanthropy focused on vibrant economies; climate resiliency; and justice, equity, and inclusion.

Duke Energy Foundation is a statewide organization that serves 83 counties. Click here for the full list of counties served.

Program: Hometown Revitalization Grant Program

Duke Energy is continuing its investment in North Carolina’s downtown communities by awarding $500,000 in grants to help strengthen small businesses.

This is the company’s second year supporting local businesses through the Hometown Grant Revitalization Program, and it has contributed more than $1.5 million to small business recovery in North Carolina since the start of the pandemic.

Hometown Revitalization grants will be awarded in 20 communities across the state. Each community will be awarded $25,000 through a partnership with a local 501(c)3 – administering nonprofit. The administering nonprofit will establish a microgrant program to deploy the funding to their local small business community. Microgrants may range from $500 to $2,500 per individual business.

Contact: Staff contacts for Duke Energy Foundation can be found by clicking here.

Link: www.duke-energy.com/2022

Deadline: May 31, 2022

Link to news release: Duke Energy continues to support North Carolina small business revitalization with $500,000 in grants

Click here to learn more about the Duke Energy Foundation.

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