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You are here: Home / News / Corporate Philanthropy: Major Donations to Nonprofits in 2024

Corporate Philanthropy: Major Donations to Nonprofits in 2024

Dated: January 18, 2025

In a remarkable display of corporate philanthropy, several companies have stepped up to support nonprofit organizations across the United States, contributing significant funds to various causes. Notable contributions include over $560,000 from Harford Mutual Insurance Group, $343,500 from the Ballantine Family Fund, and $200,000 from Duke Energy, all aimed at enhancing community services and support for vulnerable populations.

Key Takeaways

  • Harford Mutual Insurance Group donated over $560,000 to more than 80 nonprofits, focusing on health, human services, and disaster relief.
  • The Ballantine Family Fund awarded $343,500 to nonprofits in Southwest Colorado, with a strong emphasis on literacy initiatives.
  • Duke Energy launched a $200,000 grant program to assist nonprofits supporting low-income seniors in South Carolina.

Harford Mutual’s Generous Contributions

Harford Mutual Insurance Group has made a significant impact through its HMIG Gives Back Program, donating over $560,000 to more than 80 nonprofit organizations throughout 2024. The contributions were primarily directed towards health and human services initiatives, as well as community enrichment efforts.

Key recipients of these donations include:

  • Boys & Girls Clubs of Harford and Cecil Counties
  • Habitat for Humanity Susquehanna
  • Harford Family House
  • The Arc Northern Chesapeake Region
  • University of Maryland Upper Chesapeake Health Foundation
  • United Way of Central Maryland

In response to Hurricane Helene’s devastation, Harford Mutual allocated $85,000 for disaster relief, demonstrating its commitment to community support during crises.

The Ballantine Family Fund’s Focus on Literacy

The Ballantine Family Fund has continued its legacy of philanthropy by donating $343,500 to various nonprofit organizations in Southwest Colorado. This year marked the 67th anniversary of the fund, which has historically supported a wide range of sectors, including education, arts, and human services.

In 2024, the fund prioritized literacy, awarding $40,000 in core value grants specifically for K-3 literacy initiatives. Notable grants included:

  • $10,000 to Ignacio Community Library
  • $10,000 to Ruby M. Sisson Memorial Library
  • $10,000 to Southwest La Plata Library District
  • $10,000 to Dolores Library District

The fund’s contributions reflect a commitment to enhancing educational opportunities and supporting the community’s youth.

Duke Energy’s Support for Seniors

Duke Energy has launched a $200,000 grant initiative aimed at nonprofits that provide essential services to low-income seniors in South Carolina. This program allows qualifying organizations to request one-time funding of up to $10,000 to support various operational needs.

The grants are intended for organizations that assist seniors with:

  • Home delivery meal services
  • Transportation assistance
  • Home modifications for safety
  • Programs promoting self-sufficiency

This initiative follows previous successful funding efforts by Duke Energy, which have highlighted the growing demand for services catering to the aging population.

Conclusion

The collective efforts of these corporations underscore the vital role of corporate philanthropy in supporting nonprofit organizations and enhancing community welfare. As these companies continue to invest in their communities, they not only provide essential resources but also inspire others to contribute to the greater good.

Sources

  • Harford Mutual supports 80+ nonprofits with $560,000 in donations | Insurance Business America, Insurance Business America.
  • The Ballantine Family Fund donated over $340,500 to nonprofits in 2024, The Durango Herald.
  • CSRWire – Duke Energy Offers $200,000 in Grants To Help Nonprofits That Support Senior Citizens in South Carolina, CSRwire.
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