Entergy Charitable Foundation Issues Nearly $800,000 in Grants

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May 25, 2011, 11:00 ET

NEW ORLEANS, May 25, 2011 /PRNewswire/ -- More than 50 nonprofit groups will receive nearly $800,000 in grants from the Entergy Charitable Foundation.

The latest round of grants from the foundation included a $75,000 gift to the United Negro College Fund, Inc. to fund scholarships at Philander College, Dillard University, Xavier University, Southern University, Tougaloo College, Rust College and Prairie View A&M. The fund's goal is to double the number of graduates from its 39 member colleges from 8,000 today to 16,000 by the spring of 2020.

In other education-related grants, the foundation gave:

a $54,000 grant to the Arkansas Single Parent Scholarship Fund to help fund $500 scholarships to single mothers and fathers trying to earn a college degree;
a $50,000 grant to Teach for America as part of Entergy's long-term support for the group's six-year plan to triple the number of its teachers in the Delta region to 550 and partner with high-needs districts in the Delta regions of Mississippi and Arkansas; and
a $50,000 grant to Louisiana Public Broadcasting for its Raising Readers/Between the Lions Literacy Project in New Orleans

The Entergy Charitable Foundation is a private, nonprofit foundation wholly funded by Entergy Corporation shareholders. The goal of the foundation is to support initiatives that help create and sustain thriving communities. ECF has a special focus on low-income initiatives as well as educational and literacy programs and efforts to protect the environment. The ECF accepts applications three times per year. For more information or to access an application form from the Entergy Charitable Foundation, look under "Our Community/Corporate and Foundation Giving" at www.entergy.com.

Entergy is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 15,000 employees.

Entergy's online address is www.entergy.com

SOURCE Entergy Corporation