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Oct. 6, 2014

PGE Foundation grants $100K to OHSU Knight Cancer Challenge, completing more than $1 million in foundation giving for 2014

PORTLAND, Ore. — PGE Foundation, the corporate foundation of Portland General Electric, announced a $100,000 grant in support of Oregon Health & Science University’s Knight Cancer Challenge, a fundraising campaign inspired by a pledge from Phil and Penny Knight to provide $500 million to fund pioneering cancer research if OHSU can raise an equal amount in two years.

“Cancer has affected the lives of so many — myself included,” said Gwyneth Gamble Booth, PGE Foundation chair. “This gift in support of ending cancer as we know it is a great way to carry out our mission of helping change the lives of so many in our community. We’re proud to stand in unity with the other businesses, unions and individuals lending their support.”

The gift to OHSU’s Knight Cancer Challenge caps off more than $1 million in PGE Foundation giving this year. With the PGE Foundation’s focus on creating positive and sustained outcomes for our community, it awarded 102 grants to an inspiring group of nonprofits whose programs align with the foundation’s philanthropic focus on preparing students to succeed in college and career, engaging youth in arts education experiences, and providing resources to help improve the safety and health of children and families in need.

“There’s a critical need in education for more applied learning and hands-on experiences that turn students on to technical and STEM-related careers and higher educational opportunities,” said Kregg Arntson, executive director of PGE Foundation. “With our funding of STEM curriculum and STEM teacher training programs up 65 percent during the last year, we’re investing in a future workforce that has the technical and creative problem-solving skills needed to succeed in a complex and changing world.”

In addition to contributing to the Knight Cancer Challenge, PGE awarded grants of $25,000 or more to the following organizations:
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 $17 million to help improve the quality of life for Oregonians by supporting programs and services that encourage safe and healthy families, provide educational opportunities, and encourage arts and cultural diversity. Gwyneth Gamble Booth is chair and Carole Morse is president.
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