125-year legacy of giving will be strengthened for the future
Avista Corp. today announced that it has contributed $6.5 million to the Avista Foundation, a community investment program that provides funding to non-profit organizations addressing the needs of communities and citizens served by Avista Utilities in eastern Washington, northern Idaho, portions of southern Oregon, as well as Sanders County, Montana. The infusion brings the foundation’s endowment to approximately $10 million.
“This is a very exciting time for our company with the celebration of our 125th anniversary. Having a positive impact on our communities has always been a priority for Avista. Our legacy of active partnership and support for the vital work of community non-profits throughout our service area is a significant part of our company’s value system,” said Avista Corp. Chairman, President and Chief Executive Officer Scott Morris. “Growing the foundation’s endowment will help us sustain the donation program into the future, supporting opportunities to build community and economic vitality in our region.”
Corporate and foundation giving in 2013 exceeded $1.5 million for programs and services in communities, including Spokane, Pullman and Clarkston, Wash.; Coeur d’Alene, Moscow, Lewiston and Sandpoint, Idaho; Klamath Falls and Medford, Oregon; and Sanders County, Montana, to name a few locations.
The Avista Foundation was established in 2002 with the objective of making a difference in our communities in a positive and sustainable way. It is not funded from customers’ energy bills. Since its founding the Avista Foundation has made grants totaling more than $3 million. The foundation focuses its giving in the areas of:
- education – K-12 education particularly in the fields of science, math and technology; and higher education including scholarships,
- vulnerable and limited income populations – providing assistance to those on limited incomes and support for initiatives to reduce poverty, and
- economic and cultural vitality – supporting projects that help communities and citizens to grow and prosper.