DEF Info Session PPT_Final with notes

Duke Energy Foundation Update
June/July 2014
Agenda
Introduction
Background
Investment Priorities
o Education
o Economic & Workforce Development
o Environment
o Community Impact
Foundation Processes
Grant Management System
Summary
Questions
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Background: Duke Energy Foundation Strategic Review
Conducted a strategic review to more clearly define our focus areas and narrow our
investment priorities for philanthropic giving
o Researched community trends and needs
o Leveraged internal and external subject matter experts
o Reviewed historic funding
o Benchmarked with other utilities and Fortune 500 companies
o Aligned with the company’s business needs and strategy
Identified demonstrated outcomes in four main areas, called investment priorities, and
developed supporting strategies for each investment priority
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Investment Priorities Overview
Duke Energy Investment Priorities – Overview
Education
o Supporting effective education programs and initiatives that emphasize Science,
Technology, Engineering, and Math (STEM ) disciplines or teach critical reading skills.
Economic and Workforce Development
o Building strong communities by enhancing state development strategies and marketing
efforts and funding workforce development initiatives to retool and retrain workers with 21st
century skills.
Environment
o Protecting, improving or restoring natural resources, especially water and air.
Community Impact (Arts and Culture, Nonprofit capacity building)
o Increasing access to arts and culture in our communities and strengthening the capabilities,
knowledge and skills of local nonprofits.
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Investment Priority: Education - STEM Education
Goal: Build a diverse pipeline of future workers by supporting STEM
Desired Outcomes
o Build interest/engagement in science, technology, engineering and math
o Develop positive attitudes and aspirations towards STEM, with a particular focus on
underrepresented populations
o Develop STEM skills and abilities
o Foster applied learnings
Strategies
o Creating greater access to and participation in STEM-related informal education
opportunities (out-of-school-time)
o Building STEM knowledge and skills in schools by encouraging innovation and supporting
proven programs
o Producing a sufficient supply of well-prepared STEM teachers
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Investment Priority: Education - Early Childhood Literacy
Goal: Build a diverse pipeline of future workers by addressing literacy challenges
Desired Outcomes
o Build strong early reading skills
o Support early assessment and prevention programs
o Build defined process for scaling and sustaining best practices
Strategies
o Supporting reading initiatives in elementary schools to ensure that students are on track to
read at grade level by the end of third grade
o Closing the gap in reading achievement that separates many low-income students from
their peers
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Investment Priority: Economic Development
Goal: Enhance the ability of our communities to define and articulate their economic
development strategies and assets
Desired Outcomes
o Help the regions we serve develop and define marketable assets
o Enable communities to develop innovative options to attract business and industry
o Work collaboratively with jurisdictional and functional stakeholders to prioritize potential
economic development funding opportunities
Strategies
o Partnering with state, regional and local economic development partnerships, chambers
and higher education institutions
o Identifying new opportunities for growth
o Supporting feasibility studies and/or actions to support a region in defining its capability to
attract industry
o Investing in planning and research to define a region’s marketable assets
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Investment Priority: Workforce Development
Goal: Support workforce development and skills training initiatives critical to attracting
and retaining businesses within the Duke Energy service territories
Desired Outcomes
o Target and increase pool of diverse talent for regional workforce
o Increase awareness and participation in programs that support adult remedial education,
retooling and literacy programs that prepare workers for job entry
o Increase strategic partnerships with local colleges and universities
o Build capacity for targeted industries in our region
o Build regional entrepreneurial programs (accelerators, incubators & competitions)
o Build regional energy workforce
Strategies
o Increasing capacity for the regional workforce through higher education and job
readiness/skills training programs
o Preparing students for the 21st century economy through college and career readiness
programs
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Investment Priority: Environment
Goal: Support environment and wildlife programs that protect, improve, or restore
natural resources
Desired Outcomes
o Preserve natural resources and reduce environmental risks in the communities we serve
o Promote environmental stewardship in our communities
o Collaborate with jurisdictional and functional stakeholders to prioritize environment-focused
funding opportunities
o Demonstrate Duke Energy’s environmental stewardship
Strategies
o Supporting organizations and programs that enhance or mitigate environmental impacts
with a focus on the protection of land and wildlife habitats; water-quality, water-related
resources and water availability; air quality; protection of endangered/threatened species
o Engaging the next generation of stewards in volunteer and environmental education
activities
o Maintaining relevance by funding opportunities that are aligned with regional priorities in
Duke Energy’s service territory
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Investment Priority: Environment – Emerging Technologies
Goal: Support education efforts around strategic emerging energy technology
Desired Outcome
o Advance research in emerging energy technologies that promote clean and reliable energy
generation and use
Strategy
o Supporting university research/collaboration with industry-wide benefits that align with our
corporate strategy
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Investment Priority: Community Impact – Arts & Culture
Goal: Support the arts through federated campaigns and directed-giving based on
regional needs and priorities
Desired Outcomes
o Financially sustainable arts and cultural organizations that enhance the community’s quality
of life
o Increased exposure to the arts for disadvantaged populations
Strategies
o Supporting programs and/or initiatives that foster local sustainable arts organizations and/or
arts councils through growth of development capacity, and strategic planning
training/assistance
o Providing access to local artistic and cultural organizations for disadvantaged groups and
through field trips, in-school performances or ticket subsidies
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Investment Priority: Community Impact – Nonprofit Capacity Building
Goal: Support capacity building initiatives that strengthen the nonprofit community
Desired Outcomes:
o Increase the capacity for nonprofit organizations in key functional areas, which may include
development, marketing, board leadership, etc.
Strategy:
o Supporting programs and/or initiatives that build capabilities, knowledge and skills to help
nonprofits fulfill their missions
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Local Community Development Grants
Support nonprofit organizations whose programs and mission align with one of the
Duke Energy Foundation’s four investment priorities
Less than $10,000
Targeted investments designed to meet local community development needs
Applications are accepted on a year-round basis
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Other Philanthropic Initiatives
United Way
o Support of an annual, enterprise-wide employee United Way campaign
o Through our support, the United Way is able to tackle the broader issues of health and
human services
Energy Assistance
o Programs help those in need to cope with extreme heat and cold in our service territories
Disaster Preparedness and Relief
o When hurricanes, floods and other natural disasters strike, the Foundation works with
organizations such as the United Way and the American Red Cross to provide relief in the
areas where Duke Energy operates
The company works directly with beneficiary agencies and does not accept grant
applications for energy assistance or disaster relief programs
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Employee-Driven Philanthropic Initiatives
Matching gifts for employee and retiree donations to qualifying nonprofit organizations,
our Duke Energy United Way campaign and community arts campaign
Volunteer grants for employee and retiree hands-on ‘sweat equity’ projects under the
banner “Duke Energy in Action”
Leadership grants for employees serving on nonprofit board of directors or trustees
Walks, runs and bike rides
o Not typically funded by the Foundation
o Grant requests are not accepted for these events
o Volunteer grants are available to employees, but there is a participation and fundraising
requirement
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Foundation Processes
Types of Grants Funded & Funding Expectations
Local Community Development Grants (less than $10,000)
o Basic grant application
o Funding decisions are made by local community relations managers
Regional Grants ($10,000 or more)
o Enhanced grant application
o Funding decisions are made by regional grant review councils
o Approved grantees are required to complete an end of year Impact Report online
Trustee Reviewed Grants ($100,000 or more; multi-year grants)
o Enhanced grant application
o Funding decisions are made by the Foundation Trustees
o A signed Memorandum of Understanding (MOU) is required prior to funding disbursement
o Approved grantees are required to complete a mid-year Impact Report and an end of year
Impact Report online
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Request for Proposal (RFP) Application Cycles
The Foundation receives grant requests for funding specific proposal cycles for each
investment priority
Investment Priority
Environment
Economic & Workforce Development
Education
Community Impact
Request for Proposals (RFP)
Timeline
July - August
August - September
January - February
April - May
Local Community Development Grants
o Accepted on a year-round basis
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Request for Proposal (RFP) Process
Proposal opens
o The grant application will be available during specific cycles for each investment priority
Review and assessment of proposals
o Foundation staff and local community affairs managers assess proposals
Regional grant review meetings
o Regional grant councils evaluate proposals and make funding decisions in alignment with
the investment priority’s desired outcomes and strategies
o If required, the Foundation Trustees will review and make funding decisions
Communicate funding decision
Final approval will typically occur three to five months from the close of the funding
cycle, and may vary by investment priority and approvals required. Local community
development grants are reviewed and approved year-round, and final approval will
vary between two to three months.
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Grant Management System
Strategic Grant Management System – Highlights
The Foundation is transitioning to a new grant management system hosted by
CyberGrants
The new system will be open for grant requests on July 30, 2014
o Previous grant management system closed June 30, 2014
Nonprofits will complete a series of questions to determine eligibility with funding
guidelines and alignment with the investment priorities (eligibility quiz)
After completing the eligibility quiz, all applicants will register to create an account
Once the account has been created, nonprofits will be directed to the appropriate
grant application
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Getting Started
• Note: new grant management system opens July 30, 2014
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Eligibility Quiz
The grant application process takes the grant seeker through a series eligibility questions that are
aligned with our Funding Guidelines.
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Online Registration
Please email questions to [email protected]
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Registration Information
Please email questions to [email protected]
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Welcome Page
•
Note: if you need help, click ‘Need Support’ located at the bottom of the page
Please email questions to [email protected]
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Online Grant Application
Sections
o Contact information
o Organization information
o Organization detail
o Program information
o Demographics
o Financial information *
o Measurements
o Donor Recognition
Sample grant applications found on www.duke-energy.com/foundation
*Note: Not included as required information in the local community development grant
application
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Support & Resources
FAQs
o Click ‘Need Support” to be directed to the FAQs
You may email questions to CyberGrants by clicking on the “I still have a question” link
at the bottom of the FAQ page
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Summary
Follow-up communications
o FAQs, CyberGrants instructionals, investment priority one-pagers
Visit the Duke Energy Foundation website for more information www.dukeenergy.com/foundation
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