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DALLAS, April 13, 2020 – Today, Oncor announced $1.7 million in donations to community non-profit organizations across their service territory that serve those most affected by the COVID-19 pandemic. Funding will be focused on first responders, health care professionals and vulnerable or heavily impacted populations, such as seniors, children, homeless, and low-income or displaced workers and families.
Oncor CEO Allen Nye said, “For more than 100 years, Oncor has upheld our commitment of serving and supporting Texas communities. And while we know firsthand how resilient these communities are, we also recognize the unparalleled impact of this pandemic and the challenges our communities and nonprofit partners are now facing. We are honored to do our part in helping to meet these needs through the donations announced today.”
“Regardless of the challenges we may face, the men and women at Oncor know that we are stronger together,” Nye continued. “We want the many communities we serve to know that this commitment of togetherness extends to each of them as we continue to uphold our vital role of powering Texas communities.”
A significant portion of Oncor’s support will be through participation in North Texas Cares, a funder collaborative made up of North Texas foundations and United Ways that have come together to provide support for organizations that work with people and communities who may be most negatively affected by COVID-19. Other recipients include Paul Quinn College, the Tarrant County Food Bank and North Texas Food Bank, and additional local nonprofit organizations across Oncor’s service territory in West, Central and East Texas. The commitment includes an additional $500,000 from the Sempra Energy Foundation and its Nonprofit Hardship Fund to assist nonprofits serving populations affected by COVID-19, bringing the fund from $1.75 million to $2.25 million. The Sempra Energy Foundation was founded by Sempra Energy, Oncor’s indirect majority owner.
“Now, more than ever before, nonprofit organizations are on the frontlines of supporting individuals affected by the COVID-19 public health crisis, and financial support —from partners like Oncor— is critical to response and recovery efforts,” said Jennifer Sampson, CEO of the United Way of Metropolitan Dallas, one of the founding members of North Texas Cares. “This generous gift symbolizes the spirit of giving that is synonymous with Texas. We are grateful that Oncor has stepped in to help galvanize United Way of Metropolitan Dallas’ —alongside United Way Chapters across the Lone Star State— rapid response to this crisis.”
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Headquartered in Dallas, Oncor Electric Delivery Company LLC is a regulated electricity distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor (together with its subsidiaries) operates the largest distribution and transmission system in Texas, delivering power to more than 3.6 million homes and businesses and operating more than 139,000 miles of transmission and distribution lines in Texas. While Oncor is owned by two investors (indirect majority owner, Sempra Energy, and minority owner, Texas Transmission Investment LLC), Oncor is managed by its Board of Directors, which is comprised of a majority of disinterested directors.
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