McLEAN, VA – The TEGNA Foundation, the charitable foundation sponsored by TEGNA Inc. (NYSE: TGNA), announced today it will award 270 community grants to help support multiple nonprofit organizations across TEGNA’s 38 markets. This is the second round of community grants awarded this year. In 2017, the TEGNA Foundation has given 396 grants in TEGNA markets with most totaling between $4,000-$7,000.
“These grants empower and help well-deserving nonprofit organizations address critical hardships in our local communities, assist those in need and help make a difference in many people’s lives,” said Dave Lougee, president and CEO, TEGNA. “We are proud to support these organizations and, alongside our stations, look forward to working with them to serve the greater good of our communities.”
Priorities for the TEGNA Foundation community grants include education and neighborhood improvement, economic development, youth development, community problem-solving, assistance to disadvantaged people, environmental conservation and cultural enrichment. In addition, the Foundation is proud to fund nonprofit organizations and programs that promote and celebrate the diversity of the communities TEGNA serves. The Foundation also invests in the future of the media industry, supports employee giving and community volunteerism, responds to natural disasters and contributes to a variety of other charitable causes.
In addition to the community grants awarded this year, the TEGNA Foundation contributed $185,000 to help fund TEGNA’s local stations’ Make A Difference Day projects. Make A Difference Day is one of the largest single-days of service nationwide. Started by TEGNA in 1992, the day unites volunteers from across the country to help improve the lives of others through community service. This year, Make A Difference Day brought together thousands of volunteers in 500 communities in nearly every state.
Community grants are determined by each TEGNA station and approved by the station’s general manager and the TEGNA Foundation Board of Directors. The donation amounts and nonprofit recipients vary depending on the unique needs and local priorities of that community.
For more information on the TEGNA Foundation, go to TEGNAFoundation.org.
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. With 46 television stations in 38 markets, TEGNA delivers relevant content and information to consumers across platforms. It is the largest owner of top 4 affiliates in the top 25 markets, reaching approximately one-third of all television households nationwide. Each month, TEGNA reaches 50 million adults on-air and 35 million across its digital platforms. TEGNA has been consistently honored with the industry’s top awards, including Edward R. Murrow, George Polk, Alfred I. DuPont and Emmy Awards. TEGNA delivers results for advertisers through unparalleled and innovative solutions including OTT local advertising network Premion, centralized marketing resource Hatch, and G/O Digital, a one-stop shop for local businesses to connect with consumers through digital marketing. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. For more information, visit www.TEGNA.com.
For media inquiries, contact:
Manager, Corporate Communications
For investor inquiries, contact:
Vice President, Investor Relations