NEWPORT NEWS — Newport News Shipbuilding announced this week that it will award grants to select nonprofits in Hampton Roads from the company’s new One Community Transformational Grant program.
According to a news release from Shipbuilding’s parent company, Huntington Ingalls Industries, the grant program is an ongoing initiative created to help benefit and address significant needs in the Hampton Roads community.
“As one of the region’s largest employers, we believe we have an obligation of stewardship to the community where our employees live and work, said Tom Cosgrove, manager of corporate citizenship and government relations.
Over the years, Newport News Shipbuilding has dedicated a portion of its profits to fund local projects and this new program is an extension of “our long-standing commitment to the community,” Cosgrove said.
The goal of the One Community Transformational Grant program is to contribute to local nonprofits that corresponds with Newport News Shipbuilding’s core — philanthropic values, such as environmental stewardship and education and workforce development.
“We are proud to have been part of the fabric of our communities for more than 130 years,” said Susan Jacobs, Shipbuilding’ vice president of human resources and administration. “The transformational grant program aligns with our company’s core philanthropic areas of focus and reflects our unwavering commitment to make a deeper, more meaningful impact on the lives of people in our community.”
Each year, the company’s Contributions Committee will select one nonprofit for the program and award the organization “a negotiable $300,000 over a three-year period.”
The new grant program will not affect or change any existing commitments to the community, according to the One Community Transformational Grant application.
The deadline for submissions is Sept. 8.
For more information about the One Community Transformational Grant program application process, visit the Huntington Ingalls Industries website or the One Community Grant application.
