For Immediate Release
BALTIMORE (May 7, 2015) — To support residents of Baltimore as the city continues to recover from recent events and help set the stage for long-term solutions, Exelon and its Baltimore-based companies BGE and Constellation have announced a joint donation of $200,000 to nonprofits that are leading response efforts.
In order to address immediate needs and support sustainable long-term programs, the companies will donate $100,000 to the Maryland Unites Fund, established by the United Way of Central Maryland in partnership with the State of Maryland, to provide humanitarian aid and emergency supplies to affected neighborhoods. The companies also will contribute $100,000 to the Baltimore Community Foundation for the recently established Fund for Rebuilding Baltimore to help rebuild damaged businesses and support a sustained effort to address longer-term community needs. One hundred percent of the funds will be used in direct support of these initiatives.
"The Exelon family of companies is part of the fabric of Baltimore and the surrounding communities. Not only do we have major business operations here, our employees and our customers live here," said Chris Crane, president and CEO of Exelon. "The recent events affected us deeply, and we knew immediately that we needed to help."
In addition to the immediate financial donation, the companies are also collaborating with city and community leaders and organizations on longer-term initiatives focused on job training and employment opportunities, youth development and strengthening neighborhood resources.
"BGE has roots in Baltimore that go back almost 200 years," said Calvin Butler, BGE’s CEO. "We are strongly committed to Baltimore’s stability, economic vitality and community spirit."
"We have an employee base that is extremely civic-minded, spending thousands of hours volunteering in our communities each year," said Joe Nigro, CEO of Constellation. "This is a gesture to show that Baltimore can continue to count on our involvement and support at critical times and well into the future." 2
Baltimore-based Exelon employees are also showing their support for the city through a collection drive in conjunction with the United Way of Central Maryland. The drive will provide necessary household and personal items to residents of areas where access to these items is now limited. In addition, Exelon is matching 100 percent of employees’ personal financial donations, up to $5,000.
Employees will also participate in a number of company-supported volunteer efforts as community partners identify short- and long-term priorities.
Last year, Exelon and its subsidiaries donated a total of $4.6 million to charitable and community programs in Baltimore City, a significant portion of the $7.7 million the companies donated to programs across Maryland in 2014. Employees also regularly donate time and talent as board members, coaches, emergency responders and volunteers to support hundreds of community nonprofit organizations.
About Exelon CorporationExelon Corporation (NYSE: EXC) is the nation’s leading competitive energy provider, with 2014 revenues of approximately $27.4 billion. Headquartered in Chicago, Exelon does business in 48 states, the District of Columbia and Canada. Exelon is one of the largest competitive U.S. power generators, with more than 32,000 megawatts of owned capacity comprising one of the nation’s cleanest and lowest-cost power generation fleets. The company’s Constellation business unit provides energy products and services to more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Exelon’s utilities deliver electricity and natural gas to more than 7.8 million customers in central Maryland (BGE), northern Illinois (ComEd) and southeastern Pennsylvania (PECO). Follow Exelon on Twitter @Exelon.
About BGEBGE, headquartered in Baltimore, is Maryland’s largest natural gas and electric utility, delivering power to more than 1.25 million electric customers and more than 650,000 natural gas customers in central Maryland. The company’s approximately 3,200 employees are committed to the safe and reliable delivery of natural gas and electricity, as well as enhanced energy management, conservation, environmental stewardship and community assistance. BGE is a subsidiary of Exelon Corporation (NYSE: EXC), the nation’s leading competitive energy provider, with 2014 revenues of approximately $27.4 billion. Like us on Facebook and follow us on Twitter, YouTube and Flickr.
About ConstellationConstellation is a leading competitive retail supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. Constellation's family of retail businesses serves more than 2.5 million residential, public sector and business customers, including more than two-thirds of the Fortune 100. Baltimore-based Constellation is a subsidiary of Exelon Corporation (NYSE: EXC), the nation's leading competitive energy provider, with 2014 revenues of approximately $27.4 billion, and more than 32,000 megawatts of owned capacity comprising one of the nation's cleanest and lowest-cost power generation fleets. Learn more at www.constellation.com or on Twitter at @ConstellationEG