• November 16, 2024

Altria employee fund awards grants

The Altria Companies Employee Community Fund (ACECF) has awarded $3.1 million in grants to 142 non-profit organizations based in Virginia, Pennsylvania, Tennessee, Illinois and Kentucky.

‘The fund is the only employee-managed workplace-giving program that is publicly reported among U.S. companies, according to the Changing Our World organization.’ Altria said in a note posted on its website.

‘ACECF represents the power of giving together, rather than individually. By giving through the fund, employee donations have a greater impact in helping to address the most pressing community needs where Altria’s companies have operations.’

About 3,500, or two-thirds of eligible employees, gave an average donation of more than $450 to ACECF this year.

“We are proud of these accomplishments, and the collective impact that our employees are making in the communities where we live and work,” said Jennifer Hunter, chairperson, ACECF board of directors and senior vice president, Corporate Affairs, Altria Client Services.

Altria makes an annual contribution to the ACECF and pays for its administrative costs, which ensures that every employee dollar raised goes directly to support non-profit organizations in the communities where the company operates.