Dominion Energy is launching a six-year, $35 million initiative to support minority students.
The initiative includes $25 million earmarked for historically Black colleges and universities in South Carolina, North Carolina, Virginia and Ohio, as well as a $10 million scholarship fund to support underrepresented students across the company’s service territory.
“We all know there are no actions or words that will immediately heal the hurt caused by 400 years of institutional racism,” Dominion CEO Thomas Farrell said in a news release. “But since early June, we have seen signs of change and growth. Our country is moving forward. We are moving forward, too.
“This initiative is a recognition of the important role played by these institutions in African American advancement and the importance of education as an equalizer in society. These institutions have been foundational in the struggle to improve the lives of African Americans and in the fight for social justice.”
Additional details about the new Dominion Energy Educational Equity scholarship fund will be provided soon, according to the release.
The scholarship program is in addition to a recent $5 million commitment made by Dominion Energy and the company’s charitable foundation to support social justice and community reconciliation.o