Georgia Power Foundation Announces $ 500,000 Over 5 Years to Support UNCF at Annual Mayor’s Masquerade Ball

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This weekend, Georgia Power executives announced a series of landmark Georgia Power Foundation grants to UNCF. Over the next five years, the Foundation will provide $ 500,000 in grants to assist UNCF in its mission to provide equal access to college education through a strong and nationally recognized pool of under-represented students. UNCF’s goal is to increase the total number of African American college graduates by focusing on activities that ensure more students are college-ready, enrolled in college, and on track. to graduate. This pledge will be part of the Georgia Power Foundation’s new associate scholarship fund with grants of $ 100,000 per year until 2025.

Over the past decade, Georgia Power and the Georgia Power Foundation have provided $ 1.2 million to support UNCF through initiatives focused on education, youth scholarships, and STEM.

“We are grateful to the Mayor’s Office for continuing to present this annual event to raise funds and visibility for the important work of UNCF and, on behalf of Georgia Power, we are pleased to be able to extend our support to this impactful organization, ”said Bentina Terry, senior vice president of regional external affairs and community engagement at Georgia Power and co-chair of this year’s UNCF Atlanta Mayor’s Masked Ball. “We believe that a quality education, uplifting and nurturing the next generation of Georgians with our time and resources is essential to ensure that our city and state remain a thriving place to live, work and serve.”

“For almost 80 years, UNCF has helped more than one million students obtain university degrees. None of this would be possible without partners like this year’s supporting sponsor Georgia Power, ”said Atlanta Mayor Keisha Lance Bottoms. “They are a tremendous community ally, and I am grateful for Georgia Power’s significant contribution to the education of students enrolled in HBCUs across the country.”

The new 5-year engagement follows a recent announcement by Southern Company of $ 10 million in grants to provide historically Black college and university (HBCU) students with incentives to use their talents to spur economic development in the communities surrounding their campuses through internships, job development leadership and innovation to support career preparation. This is part of Southern Company’s larger, multi-year, $ 50 million initiative to provide scholarships, internships, leadership development, access to technology and innovation to support career preparation for employees. students attending certain HBCUs as part of the Southern Company System Services. Of that initial pledge, $ 40 million has been pledged to date, including a founding $ 25 million partnership with Apple to launch the Propel Center; a new digital learning center; business incubator; and the global innovation headquarters in Atlanta for HBCU students; $ 5 million to increase access to technology for HBCU students and the latest grants announced today.

Georgia Power’s Commitment to Social Justice

Georgia Power, along with the Georgia Power Foundation, has pledged $ 87 million throughout 2021-2025 to continue advancing racial equity and social justice efforts in Georgia. This funding will support initiatives focused on educational equity, criminal justice equity, economic empowerment and energy justice. The company’s investment is part of Southern Company and its charitable foundations’ overall commitment to invest a total of $ 225 million over five years to support these efforts. This financial commitment is a key part of Southern Company’s Moving to Racial Equity framework to help guide and better define its actions and commitments around racial equity work.


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