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lge-ku.com/community/foundation

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Investments

3

Partners & Customers

2

About LG&E and KU Foundation

Since its inception in 1994, the LG&E and KU Foundation has represented LG&E and KU Energy LLC and its subsidiaries - Louisville Gas & Electric (LG&E), Kentucky Utilities (KU) and Old Dominion Power (ODP) - as the philanthropic arm for charitable giving.

LG&E and KU Foundation Headquarter Location

Louisville, Kentucky,

United States

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Latest LG&E and KU Foundation News

PPL : Nonprofits across Kentucky to receive much-needed funding

Jan 3, 2019

0 Message : *Required fields (LOUISVILLE, Ky.) - Providing programs and services to assist vulnerable residents in our communities requires generating enough funds to keep those programs and services running. Employees of Louisville Gas and Electric Company and Kentucky Utilities Company are pitching in to help provide those much needed dollars for nonprofit agencies and organizations across the utilities' service territories. Coupled with financial support from the LG&E and KU Foundation, the utilities' voluntary employee-giving campaign, Power of One, raised more than $2 million in contributions. The contributions are being allocated to 27 nonprofit organizations to support their funded programs and services in 2019. Those nonprofits serve nearly all 120 counties across Kentucky, more than 50 counties in Indiana, as well as parts of Virginia. Louisville-based nonprofit organizations Fund for the Arts, Metro United Way and WHAS Crusade for Children - as well as United Ways across the KU service territory from Paducah, Ky. to Abingdon, Va. - will receive funding through the Power of One. 'This is the second time in two years that we've surpassed $2 million and this is the largest amount we've raised in our campaign's 14-year history,' said LG&E and KU Chief Operating Officer and co-chair of the 2018 Power of One campaign, Lonnie Bellar. 'Besides being part of an incredibly generous and caring workforce that makes giving back a priority, what thrills us the most is knowing the far-reaching impacts this money will have for families in our communities.' The funding will assist the agencies' efforts to do things like prepare more children for kindergarten, offer financial empowerment programs, and provide access to health care services, food, shelter and other basic needs. Nearly 70 percent of LG&E and KU employees participate in the campaign through payroll deduction - a participation rate four times greater than the workplace employee giving average, according to United Way worldwide data. Since 2005, the employee-driven campaign has raised nearly $24 million through payroll deductions, event fundraisers, retiree donations and support from IBEW Local 2100 and the LG&E and KU Foundation.

LG&E and KU Foundation Investments

3 Investments

LG&E and KU Foundation has made 3 investments. Their latest investment was in WHAS Crusade for Children as part of their Grant on January 1, 2019.

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LG&E and KU Foundation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/3/2019

Grant

WHAS Crusade for Children

Yes

1

1/3/2019

Grant - II

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$99M

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10

1/3/2019

Grant

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$99M

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10

Date

1/3/2019

1/3/2019

1/3/2019

Round

Grant

Grant - II

Grant

Company

WHAS Crusade for Children

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Amount

$99M

$99M

New?

Yes

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Co-Investors

Sources

1

10

10

LG&E and KU Foundation Partners & Customers

2 Partners and customers

LG&E and KU Foundation has 2 strategic partners and customers. LG&E and KU Foundation recently partnered with Solar Alliance Energy on January 1, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

1/27/2021

Vendor

Solar Alliance Energy

Canada

LG&E and KU’s Solar Share facility to double current size

LG&E and KU has contracted with Solar Alliance Energy Inc. to engineer and construct both new sections .

1

11/24/2014

Vendor

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10

Date

1/27/2021

11/24/2014

Type

Vendor

Vendor

Business Partner

Solar Alliance Energy

Country

Canada

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News Snippet

LG&E and KU’s Solar Share facility to double current size

LG&E and KU has contracted with Solar Alliance Energy Inc. to engineer and construct both new sections .

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Sources

1

10

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