The total amount Xcel Energy invested in the community in 2015 was $13,706,413.
The Foundation board of directors determines the annual budget by a review of the previous year's contributions and by prioritizing what it hopes to accomplish with the available resources.
|Focus Area Grants|
|Access to the arts||$550,200||$582,630||$649,090|
|United Way Contributions|
|Company match and corporate gifts||$2,453,596||$2,714,210||$2,431,346|
|Matching Gifts Program|
|Volunteer Matching Dollars||$238,510||$244,750||$236,480|
|Volunteer Paid Time Off (VPTO)|
|Employee Volunteer Hours||39,326||27,229||40,210|
1 Other Contributions are sponsorships, including tables, sports venues and charitable contributions made outside of the Xcel Energy Foundation.
In-kind Contributions refers to the value of donated equipment and supplies; it also includes supplies purchased for sponsoring or participating in community and volunteer events.
Employee Volunteer Hours are provided for those programs that we have a system in place for tracking, which include Volunteer Paid Time Off, Dollars-for-Doing, Volunteer Energy and Day of Service. Actual employee volunteer hours are greater than reported here because the company promotes and sponsors a number of employee volunteer activities in addition to the programs we track.
Volunteer Matching Dollars includes company payments to community organizations through Dollars-for Doing and Volunteer Energy.
Disaster Relief includes corporate contributions to the Red Cross and similar organizations, as well as funds donated on behalf of customers through special product promotions.
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