The Piedmont Natural Gas Foundation

Organization

In October 2004, the Company established the Piedmont Natural Gas Foundation with initial funding of $7 million. The Company provided additional funding to the Foundation in the amount of $1 million.  Funding provided by the Company helps the Foundation assist specific, well-defined areas of the nonprofit community throughout our three-state service area in NC, SC and TN.  

About the Foundation

Thomas E. Skains, Chairman, President and Chief Executive Officer said: 'We have always recognized and had a strong philanthropic commitment to the communities we serve.  The establishment of the Piedmont Natural Gas Foundation marks an important milestone in our Company's charitable giving program and will solidify this commitment.  Our employees dedicate significant amounts of time to charitable activities in the three states where our service territories are located and the foundation will further support that personal involvement.'

Purpose and areas of support

Realizing that we do not have the resources to support all the worthy causes that come before us, the Foundation adopted a grant making focus in 2005 known as L.E.A.D.S.  Based on the L.E.A.D.S. concept, priority will be given to organizations that advance and support

• Literacy and K-12 education  
• Environmental stewardship  
• Assistance with low-income energy needs  
• Development of communities, and  
• Service to our neighbors.

Governance

The Piedmont Natural Gas Foundation Board of Directors has been established to guide and oversee the Foundation's grant making activities, including grant review and approval.  

The current Officers and Directors of the Piedmont Natural Gas Foundation are:

Officers

Kevin O'Hara, Chairman
George Baldwin, President
Ranelle Q. Warfield, Vice President
Jane Lewis-Raymond, Secretary
Robert O. Pritchard, Treasurer

Board Members

David Trusty
Theresa VonCannon

Board of Advisors

Eddie Davidson
Michael Durham
Phillip Morgan
John Monaghan
Hank McCullough
Jaz Tunnell
Marty Viser

In Summary

Our Company Mission and Core Values support our philosophy of giving 'our financial resources as well as our employees' time and talents. We are committed to improving the quality of life and demonstrating socially responsible leadership in the communities in which we do business. Our greatest assets are our employees. They have devoted thousands of hours of their time giving back to the communities where they live and work. Collectively, their efforts have assisted the less fortunate, addressed pressing health and human service needs, supported the arts and mentored our youth. The long-standing legacy of giving at Piedmont, dating back to Mr. Buell Duncan, who assumed the office of  President in 1952, has not only allowed us to become better partners with our communities, but it has also made the Company a more fulfilling place to work.  In the words of the renowned Mr. Duncan.....' Build your community and you build your company.'