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.
| 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|
| Focus Area Grants | |||||
| STEM Education | $1,296,750 | $1,286,100 | $1,349,100 | $1,259,600 | $1,412,510 |
| Economic Sustainability | $1,063,500 | $1,126,200 | $1,233,900 | $737,698 | $884,600 |
| Environmental Stewardship | $473,300 | $530,000 | $657,600 | $1,100,500 | $1,159,255 |
| Arts and Culture | $541,700 | $455,200 | $550,200 | $582,630 | $649,090 |
| Strategic Philanthropy | - | $450,000 | $210,000 | -- | -- |
| Disaster Relief | $75,000 | $70,000 | $20,000 | -- | -- |
| Other Grants | - | - | $22,000 | -- | -- |
| Total | $3,450,250 | $3,917,800 | $4,042,800 | $3,680,428 | $4,105,455 |
| United Way Contributions | |||||
| Employee Contributions | $2,674,689 | $3,029,360 | $2,808,547 | $2,725,158 | $2,753,178 |
| Company Match and Corporate Gifts | $2,164,188 | $2,666,672 | $2,453,596 | $2,714,210 | $2,431,346 |
| Company in-kind | - | - | $195,456 | $52,419 | |
| Total | $4,838,877 | $5,696,032 | $5,457,599 | $5,439,368 | $5,236,942 |
| Matching Gifts Program | |||||
| Employee Contributions | $601,227 | $685,475 | $701,157 | $811,232 | $660,836 |
| Company Contributions | $697,199 | $766,658 | $599,413 | $598,499 | $579,687 |
| Total | $1,298,426 | $1,452,134 | $1,300,570 | $1,409,731 | $1,240,523 |
| Volunteer Matching Dollars | $82,000 | $71,500 | - | - | - |
| Disaster Relief | |||||
| Employee Contributions | $8,330 | $4,275 | $4,875 | $5,240 | $8,410 |
| Company Contributions | $8,030 | $3,875 | $74,171 | $117,365 | $108,160 |
| Total | $16,360 | $8,150 | $79,046 | $122,605 | $116,570 |
| Volunteer Paid Time Off (VPTO) | |||||
| VPTO Hours | 16,771 | 17,136 | 17,463 | 16,179 | 13,017 |
| VPTO Dollars | $697,853 | $694,932 | $686,037 | $635,020 | $489,742 |
| Other Contributions | $1,294,494 | $2,030,988 | $1,823,435 | $2,238,541 | $1,298,497 |
| In-kind Contributions | $81,449 | $45,000 | $94,574 | $74,452 | $95,211 |
| Employee Volunteer Hours | 55,000 | 49,040 | 39,326 | 27,229 | 40,210 |
| Total | $11,759,709 | $13,916,537 | $13,706,413 | $13,844,895 | $12,819,430 |
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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