PSE foundation awards grants

The Puget Sound Energy Foundation has awarded grants totaling almost $130,000 to more than 30 charitable organizations throughout Washington.

The Puget Sound Energy Foundation has awarded grants totaling almost $130,000 to more than 30 charitable organizations throughout Washington.

Locally, a grant went to the Lake Washington Schools Foundation, the Mountains to Sound Greenway Trust and the Puget Sound Blood Center and Program. The Puget Sound Energy Foundation was created with a $15 million endowment from a portion of the 2006 sale of InfrastruX Group, a former utility construction services subsidiary. None of the foundation’s funds come from PSE’s utility customers.

An additional $5 million will be added to the endowment by the investors behind a proposed merger with PSE at closing, should the merger be approved by the Washington Utilities and Transportation Commission.

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The Puget Sound Energy Foundation has two funding rounds per year with grant proposal deadlines of April 1 and Oct. 1. Requests for programmatic and capital support for the Oct. 1 funding round are currently being taken. Those interested can apply online via the Puget Sound Energy Foundation Web site: www.psefoundation.org.