American Water and American Red Cross Join for 2024 Giving Initiative

American Water Partners with the American Red Cross

American Water (NYSE: AWK), recognized as the largest regulated water and wastewater utility company in the United States, has made a significant commitment to charitable giving. This commitment shines through as the company selects the American Red Cross to participate in the New York Stock Exchange’s 2024 Global Giving Campaign. The NYSE invites listed companies to highlight their philanthropic efforts and raise awareness about vital organizations that they support, and American Water has proudly chosen the Red Cross to be part of this noble initiative.

Supporting Disaster Responses

The American Water Charitable Foundation, a 501(c)(3) nonprofit arm of American Water, has actively engaged in charitable activities, including a substantial donation of $250,000 earlier this year. This contribution is directed toward the American Red Cross Disaster Responder Program, which focuses on ensuring that the Red Cross has sufficient resources to prepare for and respond to emergencies and disasters across the nation, anytime and anywhere. This proactive approach reinforces American Water's commitment to community support and disaster relief.

Empowering Employee Involvement

Not only does American Water provide financial support, but employee volunteers also play an essential role in supporting the American Red Cross. They organize blood drives, serve on regional boards, and engage in various initiatives that benefit their communities. This collaborative effort highlights the company’s dedication to fostering a culture of giving back among its employees.

Recognition for Philanthropic Efforts

American Water’s involvement in the NYSE's Global Giving Campaign ensures that their efforts will be recognized alongside other philanthropic organizations. Listed companies engaged in the campaign receive acknowledgment on the campaign's website and are honored with a special commemorative ornament that adorns the holiday trees placed in front of the NYSE. This recognition serves not only to celebrate the contributions of these companies but also to inspire others to engage in corporate philanthropy.

Annual Tree Lighting Celebration

The 101st Annual Tree Lighting ceremony, commemorating these charitable efforts, is set to take place in Experience Square right in front of the New York Stock Exchange. This event is more than a festive gathering; it symbolizes the collective commitment to giving back during the holiday season, strengthening community ties, and supporting essential causes such as those championed by the American Red Cross.

A Commitment to Community

With a history stretching back to 1886, American Water has positioned itself not merely as a utility provider but as a cornerstone of public service in the communities it serves. Ensuring the delivery of safe, clean, and reliable drinking water to over 14 million residents in the United States is every bit part of its mission.

Engagement Across Multiple States

Operating across 14 states and servicing 18 military installations, American Water emphasizes the importance of being a reliable partner in these communities. The company employs a workforce of about 6,500 skilled professionals, each dedicated to achieving positive outcomes that benefit customers, employees, investors, and stakeholders alike.

Exploring More About American Water

With their motto, 'We Keep Life Flowing®', American Water is committed to maintaining an open dialogue with their stakeholders and actively engaging in community welfare through various means. For those interested in learning more about the company, they can visit "amwater.com" to discover more about their services, initiatives, and community involvement. Additionally, they encourage public engagement through social media platforms like LinkedIn, Facebook, X, and Instagram.

Frequently Asked Questions

1. What is the Global Giving Campaign?

The Global Giving Campaign organized by the NYSE invites listed companies to share their charitable initiatives and raise awareness about organizations they support.

2. How much did American Water donate to the Red Cross?

American Water donated $250,000 to the American Red Cross Disaster Responder Program to support disaster preparedness and response.

3. How does American Water engage employees in charitable efforts?

Employees participate by organizing blood drives, serving on boards, and engaging in various community initiatives.

4. What recognition do participating companies receive?

Participating companies receive acknowledgment on the Global Giving Campaign website and a commemorative ornament displayed at the NYSE.

5. Why is American Water considered a community partner?

American Water supports local communities by providing essential water services and engaging in philanthropic efforts that enhance community welfare.

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