Charitable Foundation Overview
The Valley Electric Charitable Foundation is a special fund created to benefit communities in VEA’s service territory. The purpose of the Foundation is to collect and disburse funds for charitable purposes that will benefit a significant segment of the community.
Where do VEA Charitable Foundation funds come from?
The funds come from VEA employees and member-consumers who voluntarily participate in either in the Operation Round Up or Dime-a-Month programs or who donate a specific dollar amount each month. In the roundup method, members allow their monthly electric bills to be rounded to the next highest dollar. The Dime-a-Month program gives members the option of adding a flat ten cents to their monthly bill. This extra change is allocated to the VEA Charitable Foundation.
Who is eligible to apply to the VEA Charitable Foundation?
Any non-profit group or organization located within VEA’s service territory is eligible to apply. Those who cannot apply for the grants include political candidates and parties or any political purpose. Organizations or groups who intend to use the grant money to pay their utility bills are also not eligible to apply.
How does an organization apply for funding?
Apply online to submit your donation request to VEA.
Questions about VEA’s Charitable Foundation can be directed to:
Michael Hengel, Executive-VP Corporate Communications