EQT Foundation Establishes New Record of Charitable Giving in 2017

Organizations and Communities throughout EQT Operating Areas Benefit

PITTSBURGH--()--The EQT Foundation awarded a record high of more than $6.5 million in grants, scholarships, and other charitable contributions to non-profit organizations and programs throughout southwestern Pennsylvania and northern West Virginia during 2017. Since its launch in 2003, EQT Foundation has donated nearly $50 million to non-profits that are making a difference in the lives of the individuals and families they serve.

As the charitable affiliation of EQT Corporation, the nation’s largest producer of natural gas, the EQT Foundation focuses on supporting groups and programs within EQT’s operating areas. The Foundation helps communities prosper by supporting education for children – especially in the STEM (science, technology, engineering, and math) disciplines. In fact, more than one-third of 2017’s charitable giving went toward educational initiatives. An additional $400 thousand supported educational scholarships, including the EQT Students of Excellence program in West Virginia; and the ASPIRE (Area Students Participating in Rewarding Education) program, which matches high school students in the Pittsburgh area with EQT employee mentors.

In addition, EQT Foundation is committed to encouraging the development of diverse neighborhoods; sponsoring local programs that promote greater understanding and appreciation of arts and culture; and supporting various environmental initiatives. The Foundation also matches charitable contributions made by EQT's employees and Board of Directors on a dollar-for-dollar basis from $100 up to $50,000 per employee/director, per year. Matching contributions totaled more than $1.1 million in 2017.

We want the communities our business touches to benefit from opportunities that help neighbors and families. We want to be a good partner with our communities and help improve lives,” said Charlene Petrelli, President of EQT Foundation. “By strategically providing financial, in-kind, and human capital, we are making a difference.”

In addition to supporting numerous local organizations and student scholarship programs, EQT Foundation also funds signature initiatives, such as:

EQT Children’s Theater Festival – Brings professional theater performances from around the world to downtown Pittsburgh

EQT Pittsburgh 10-Miler – Western Pennsylvania's favorite fall road race

PBS Young Writers Contest – Encourages children to submit original stories for local and national recognition

EQT Scholars – Provides full scholarships to socio-economically disadvantaged students in the Pittsburgh area to attend Winchester Thurston School, Shady Side Academy, or the Ellis School

About EQT Foundation:

Since the EQT Foundation was established in 2003, it has donated nearly $50 million throughout EQT’s operating areas. EQT Corporation and the EQT Foundation are committed to the social and economic vitality of our operating regions. Together with a variety of non-profit organizations, the EQT Foundation develops strong partnerships that enrich the diversity and viability of our communities, sustain the principles of continuous learning, and focus on environmental protection efforts. Visit https://www.eqt.com/our-communities/eqt-foundation.

Contacts

EQT Foundation Contact:
Ellen Rossi, 412-553-7703
ERossi@eqt.com

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