Constellation Energy Foundation Awards $400,000 to Maryland-based Nonprofit Organizations
January 11 2010 - 3:19PM
Business Wire
Constellation Energy (NYSE: CEG) today announced that the
Constellation Energy Foundation has distributed $400,000 among four
Maryland-based charitable organizations using proceeds from the
2009 Constellation Energy Senior Players Championship. Donations of
$100,000 each went to The First Tee of Baltimore, Kennedy Krieger
Institute, Union Memorial Hospital and the Baltimore Community
Foundation/BGE Community Assistance Fund.
"We’re pleased that the important work these Maryland charities
perform in our communities will continue with the help of
contributions from the Constellation Energy Senior Players
Championship,” said Mayo A. Shattuck III, chairman, president and
chief executive officer of Constellation Energy. "The Champions
Tour is a visible demonstration of our commitment to the
communities in which we do business – particularly in Maryland.
Corporate social responsibility is one of our foundational values,
as evidenced by our involvement with this tournament, our
substantial support for the United Way, our contributions to energy
assistance programs and our efforts to grow jobs and protect the
environment by investing in conservation and clean, affordable
energy.”
"The Champions Tour is grateful for the generous support the
Constellation Energy Foundation has given to these community
organizations,” said Mike Stevens, president of the Champions Tour.
“These efforts strengthen the communities we serve and further
demonstrate why the Champion Tour’s charitable platform is such a
key component of our tournament outreach."
The Constellation Energy Senior Players Championship has been a
carbon-neutral event since 2008, when it became the first Champions
Tour event to earn that distinction. The event’s greenhouse gas
footprint was reduced through onsite actions and offset through the
purchase of certified hydrogen carbon credits and Renewable Energy
Certificates.
The Constellation Energy Senior Players Championship is one of
five major championships on the PGA TOUR's Champions Tour for
eligible professionals age 50 and over. The 2009 Championship was
contested on the East Course at Baltimore Country Club in Timonium,
Md., with a field of 78 Champions Tour players taking part. The
2010 event is scheduled for Oct. 4 to Oct. 10 at TPC Potomac at
Avenel Farm in Potomac, Md. As the last of the Champions Tour
majors, the double Charles Schwab Cup points awarded to the top 10
finishers are a critical factor in deciding the Charles Schwab Cup
points race. For information about corporate sponsorship
opportunities, tickets or to become a volunteer for the 2010
tournament, please visit the Official Tournament Web site at
www.ceseniorplayers.com or call the Tournament Office at
410-853-7064.
About Constellation Energy
Constellation Energy (www.constellation.com) is a leading
supplier of energy products and services to wholesale and retail
electric and natural gas customers. It owns a diversified fleet of
generating units located in the United States and Canada, totaling
approximately 7,100 megawatts of generating capacity, and is among
the leaders pursuing the development of new nuclear plants in the
United States. The company delivers electricity and natural gas
through the Baltimore Gas and Electric Company (BGE), its regulated
utility in Central Maryland. A FORTUNE 500 company headquartered in
Baltimore, Constellation Energy had revenues of $19.8 billion in
2008.
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