Dominion Energy, headquartered in Richmond, Virginia, is a supplier of electricity and natural gas to 7 million customers in 20 states. The company has announced a major commitment to the nation’s historically Black colleges and universities and African American college students.
The six-year program will provide $25 million to support historically Black colleges and universities in Virginia, Ohio, North Carolina, and South Carolina. Additionally, a $10 million scholarship fund will be created to support African American and underrepresented minority students across the company’s service territory.
Thomas F. Farrell, II, chief executive officer of Dominion Energy, stated that “we all know there are no actions or words that will immediately heal the hurt caused by 400 years of institutional racism. But since early June, we have seen signs of change and growth. Our country is moving forward. We are moving forward, too. This initiative is a recognition of the important role played by these institutions in African American advancement and the importance of education as an equalizer in society. These institutions have been foundational in the struggle to improve the lives of African Americans and in the fight for social justice. We are pleased and humbled to build on our company’s nearly 40-year history of supporting historically Black colleges and universities.”