American Water Makes $45 Million Donation to the American Water Charitable Foundation
06 Januar 2022 - 2:44PM
Business Wire
American Water Works Company, Inc. (NYSE: AWK), the largest
publicly traded U.S. water and wastewater utility company, today
announced that it contributed $45 million to the American Water
Charitable Foundation (“Foundation”), a 501(c)(3) private
foundation established by American Water in 2010. The contribution,
which will significantly add to the Foundation’s existing
endowment, was made possible by the proceeds from the recent sale
of American Water’s Homeowner Services Group.
“The American Water Charitable Foundation stands alongside our
employees and supports their efforts to give back, through
donations and volunteer efforts, to the communities we serve and
beyond,” said Susan Hardwick, interim chief executive officer,
American Water. “We are excited to make this contribution to the
Foundation to allow for an increase in charitable giving for many
years to come.”
The American Water Charitable Foundation demonstrates the
company’s ongoing commitment to being a good neighbor, citizen, and
contributor to the communities where American Water and its
employees live, work and operate and beyond. The Foundation
supports American Water employees in their own charitable
endeavors, provides targeted disaster relief, and contributes
funding to support higher-level initiatives related to clean water,
conservation, education and community sustainability. Since its
inception, the Foundation has provided nearly $9 million in funding
through grants and matching gifts to charitable organizations that
are important to our employees and our communities.
The work of the American Water Charitable Foundation also
directly aligns with American Water’s continued commitment to embed
ESG principles throughout its operations.
About American Water
With a history dating back to 1886, American Water (NYSE:AWK) is
the largest and most geographically diverse U.S. publicly traded
water and wastewater utility company. The company employs
approximately 6,400 dedicated professionals who provide regulated
and regulated-like drinking water and wastewater services to an
estimated 14 million people in 25 states. American Water provides
safe, clean, affordable and reliable water services to our
customers to help keep their lives flowing. For more information,
visit amwater.com and follow American Water on Twitter, Facebook
and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20220106005057/en/
Investor: Aaron Musgrave Senior Director, Investor
Relations (856) 955-4445 aaron.musgrave@amwater.com
Media: Ruben Rodriguez Senior Director, External
Communications (856) 955-4180 ruben.e.rodriguez@amwater.com
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