week, Neighborhood Networks provides potential funding sources to
help centers develop and improve programs and services. Featured
this week is the FirstEnergy
Corporation is a diversified energy company headquartered in Akron,
Ohio. Its subsidiaries and affiliates are involved in the generation,
transmission, and distribution of electricity, as well as energy
management and other energy-related services. Its seven electric
utility operating companies comprise the nation's fifth largest
investor-owned electric system, serving 4.5 million customers within
36,100 square miles of Ohio, Pennsylvania, and New Jersey.
Areas: The FirstEnergy Foundation's contributions to local nonprofit
organizations that help strengthen the social and economic fabric
of its communities. Funded solely by FirstEnergy, the foundation
extends the corporate philosophy of providing community support.
FirstEnergy Foundation considers grants that:
||Help improve the vitality of its communities
and support key safety initiatives. |
||Promote local and regional economic development
and revitalization efforts. |
||Advance an educated workforce by supporting professional
development, literacy, science, technology, engineering, and
mathematics education initiatives. |
||Support FirstEnergy employees' community leadership
and volunteer interests. |
Areas: Northeast, Mid-Atlantic, and Midwest.
Eligible organizations must qualify as nonprofit and tax-exempt
as defined by Section 501(c)(3) of the Internal Revenue Code. Minimum
eligibility requirements for the applicant's organization also include:
||Approval as an eligible organization by the Contributions
Committee of the FirstEnergy Foundation. |
||Location within the FirstEnergy operating companies'
areas or where the company has facilities.|
||Compliance with the basic Standards
in Philanthropy as described by the National Information
Bureau regarding board composition, purpose, program, expenses,
promotion, fundraising, accountability, and budget. |
FirstEnergy Foundation generally does not consider funding for:
||Direct grants to individuals or political or
||Organizations that receive sizable public tax
||Fraternal, religious, labor, athletic, social,
or veterans organizations, unless the contribution is earmarked
for an eligible program or campaign open to all beneficiaries,
including those not affiliated with the host organization.|
||National or international organizations. |
||Organizations already supported by federated
campaigns, such as United Way.|
||Equipment purchases. |
||Loans or second-party giving, such as endowments,
debt retirement, or foundations. |
||Public or private schools. |
Amount: Award amounts vary.
Process: A copy of the IRS exemption letter must be submitted
with any grant application. FirstEnergy Foundation accepts and considers
grant requests on a monthly basis that are submitted with the FirstEnergy
grant application should include:
||A copy of the IRS exemption letter must be submitted
with any grant application. |
||The purpose, amount, and need for the grant requested.
||The area served by the applicant's organization.
||A brief history of the organization. |
||Measurements of the organization's service outputs.
||A list of the organization's officers and trustees.
For additional information about the FirstEnergy Foundation, please
President FirstEnergy Foundation
76 South Main Street
Akron, OH 44308
Phone: (330) 761-4246