National Grid Foundation

Overview

The National Grid Foundation is a nonprofit organization classified under the category of Philanthropy, Voluntarism and Grantmaking Foundations, specifically as a corporate foundation. It is a registered 501(c)(3) entity, making donations to this organization tax-deductible[1].

Purpose and Activities

Established in 2000, the foundation is dedicated to enhancing the quality of life in the communities served by National Grid. Its core mission involves addressing educational and environmental challenges through strategic grant-making. This includes supporting initiatives that improve energy access, environmental stewardship, and educational opportunities, particularly focusing on areas such as STEM education and sustainability[5].

Financial Operations

As documented in Form 990-PF filings, the foundation's revenue streams primarily come from contributions, dividends, and occasionally sales of assets. In recent years, contributions have been significant, totaling $5 million. Dividends also provide a substantial source of income, standing at approximately $800,000 in the fiscal year ending December 2023[1].

Expenses are primarily devoted to charitable disbursements, accounting for about 91.8% of total expenses in the same period. The foundation's assets have grown over the years, reaching over $38 million in total assets, with minimal liabilities[1].

Community Impact

The National Grid Foundation collaborates with its parent company, National Grid, to support vulnerable communities, especially during times of hardship. For example, in 2025, both National Grid and the foundation jointly contributed $1.4 million to low-income and emergency heating assistance programs, such as the Care & Share Energy Fund and the Neighborhood Heating Fund[3]. These efforts help ensure that low-income households can afford their heating bills, particularly during colder-than-average winters.

Leadership and Governance

The foundation is governed by a board of directors who serve without compensation. Key members have included Eileen R. Cohen as Chair and Rev. Dr. Gary V. Simpson among others[1]. The focus on community welfare and social responsibility aligns with National Grid's broader corporate strategy of promoting sustainable energy and supporting local development initiatives.