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Oct. 7, 2009

Basic needs and education top priority for PGE Foundation in 2009 grant funding
52 nonprofits awarded grants totaling $332,000 in second and third quarters of 2009

Portland, Ore. — The PGE Foundation continued to give top priority to basic needs — food, shelter and healthcare — while continuing its longstanding support of arts and education programs as it closed out its funding cycle for 2009. The PGE Foundation — Portland General Electric’s (NYSE:POR) corporate foundation — awarded 52 grants totaling $332,000 to nonprofits across the state in the second and third quarters. That brings its 2009 granting to more than $850,000.

“These tough times have created significant funding challenges for nonprofits,” said Gwyneth Gamble Booth, chair of PGE Foundation. “Many have had to reduce staffing and budgets. The foundation has struggled with an increase in funding requests, and we’ve tried to respond appropriately by focusing in on basic needs and education. We also believe it is just as important to continue supporting arts and culture organizations, especially those that provide educational opportunities and serve vulnerable populations.”

The Foundation made 26 grants totaling $116,000 to support the physical and emotional health of Oregon families and individuals; 12 grants totaling $113,000 to enhance education across the state; and 14 grants totaling $103,000 for arts and culture programs.

For a full list of grants awards, please visit PGE’s News Room

The PGE Foundation, the corporate foundation of Portland General Electric, was established in 1997 as a 501(c) (3) nonprofit organization with a permanent endowment. The Foundation’s giving is separate from the corporate giving of PGE. Since its inception, the Foundation has distributed more than $12.4 million to help improve the quality of life for all Oregonians by supporting statewide programs and services that encourage healthy families, provide educational opportunities and encourage the arts and cultural diversity. Gwyneth Gamble Booth is chair and Carole Morse is president.
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