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Dominion Energy Commits $35 Million to Support Minority Communities

Dominion Energy Commits $35 Million to Support Minority

Communities

Dominion Energy, headquartered in Richmond, which serves more than 7 million customers in 20 states with electricity or natural gas has committed $35 million in a combination of direct support to historical African American colleges and by creating a scholarship worth $10 million to support underrepresented minority students across the company’s service territory.

Thomas F. Farrell, II, the company’s chairman, president and chief executive officer quoted:

“We all know there are no actions or words that will immediately heal the hurt caused by 400 years of institutional racism. But since early June, we have seen signs of change and growth. Our country is moving forward. We are moving forward, too. This initiative is a recognition of the important role played by these institutions in African American advancement and the importance of education as an equalizer in society. These institutions have been foundational in the struggle to improve the lives of African Americans and in the fight for social justice. We are pleased and humbled to build on our company’s nearly 40-year history of supporting historically black colleges and universities.”

It is also important to note that this new program adds to the earlier $5 million commitment made by Dominion Energy and the company’s charitable foundation to support social justice, community reconciliation and rebuilding.

Further details about the funds and scholarship will be provided in coming days.

Dominion Energy Commits $35 Million to Support Minority Communities

Dominion Energy, headquartered in Richmond, which serves more than 7 million customers in 20 states with electricity or natural gas has committed $35 million in a combination of direct support to historical African American colleges and by creating a scholarship worth $10 million to support underrepresented minority students across the company’s service territory.

Thomas F. Farrell, II, the company’s chairman, president and chief executive officer quoted:

“We all know there are no actions or words that will immediately heal the hurt caused by 400 years of institutional racism. But since early June, we have seen signs of change and growth. Our country is moving forward. We are moving forward, too. This initiative is a recognition of the important role played by these institutions in African American advancement and the importance of education as an equalizer in society. These institutions have been foundational in the struggle to improve the lives of African Americans and in the fight for social justice. We are pleased and humbled to build on our company’s nearly 40-year history of supporting historically black colleges and universities.”

It is also important to note that this new program adds to the earlier $5 million commitment made by Dominion Energy and the company’s charitable foundation to support social justice, community reconciliation and rebuilding.

Further details about the funds and scholarship will be provided in coming days.

Source: https://finance.yahoo.com/news/dominion-energy-commits-35-million-163000343.html