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Last updated on April 21, 2014 at 8:43 EDT

Norfolk Southern Foundation expanded charitable giving to $7 million in 2012

January 29, 2013

NORFOLK, Va., Jan. 29, 2013 /PRNewswire/ — The Norfolk Southern Foundation, the charitable giving affiliate of Norfolk Southern Corporation (NYSE: NSC), awarded $7 million in grants to nonprofit charitable organizations during 2012, a 13 percent increase over 2011.

The NS Foundation supports programs to help nonprofit organizations in providing food, shelter, and medical care to those in need; expanding educational opportunities for children; preserving the environment; and promoting arts and culture.

“As a leading transportation provider, we believe we also should take the lead in investing in the communities where we operate,” said Norfolk Southern CEO Wick Moorman.

In 2012, the NS Foundation provided:

Each year, the NS Foundation gives its operations division employees an opportunity to recommend eligible nonprofit organizations in their communities to receive grants. During 2012, $180,000 was awarded to police, fire, and emergency response organizations; school programs; and historical and community groups as part of NS’ local discretion grant program.

Overall, grants were made to 350 organizations in NS’ operating territory, and an additional 525 organizations benefitted from $1.66 million in employee matching gifts.

NS Foundation sets funding at $7 million for 2013
In 2013, the Foundation again will award $7 million in grants. Since its creation in 1983, the Foundation has contributed nearly $131 million to thousands of civic and charitable organizations throughout Norfolk Southern’s territory. In the last five years, it provided more than $29.6 million in contributions.

Grants are awarded to eligible organizations located within Norfolk Southern Corporation territory. Applications for 2014 funding will be accepted July 15-Sept. 30, 2013. For information about eligibility and application procedures, visit Norfolk Southern Foundation.

Norfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 20,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

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SOURCE Norfolk Southern Corporation


Source: PR Newswire