The Avangrid Foundation is an independent 501(c)(3) organization and the philanthropic arm of Avangrid Inc., a leading energy company based in Orange, Connecticut and a member of the Iberdrola Group. Established in 2001, the foundation focuses on mission-driven giving to help address and reduce social and environmental inequities in communities where Avangrid operates.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+23.5% YoY
Annual Giving
$3.5M
+25.9% YoY
Grant Count
87
-8.4% YoY
Avg Grant Size
$40K
+37.5% YoY
Mission & Focus Areas
The Avangrid Foundation invests resources in organizations and programs that positively impact the communities it serves, with the goal of creating a more sustainable and equitable future. The foundation's giving is organized around four primary pillars:
- Arts and Culture: Advancing arts, heritage, and culture in support of vibrant communities by providing access to disadvantaged populations
- Biodiversity: Promoting environmental conservation and increasing biodiversity
- Education and Training: Supporting equitable education and training opportunities
- Social Programs and Community Development: Strengthening vital social programs and community services
The foundation has aligned its giving strategy with the United Nations Sustainable Development Goals in partnership with the Iberdrola Foundation.
Grantmaking
The Avangrid Foundation provided more than $3.1 million in grants to 73 organizations in 2025. Since its founding in 2001, the foundation has invested more than $45 million in community grants.
How to Apply
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Geographic Focus
Where this funder awards grants
The Avangrid Foundation prioritizes organizations located in areas where Avangrid operates. Primary funding concentrates in the Tri-State region (Connecticut, New York, and Massachusetts), though the company operates in 27 states through subsidiaries including Connecticut Natural Gas, New York State Electric and Gas, Southern Connecticut Gas, Berkshire Gas Company, Maine Natural Gas, Central Maine Power, Rochester Gas & Electric, and United Illuminating.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $7,114,001
- Total Revenue: $3,200,000
- Total Expenses: $3,600,000
- Total Giving: $3,495,479
As of 2023:
- Total Assets: $5,760,467
- Total Revenue: $3,205,136
- Total Expenses: $2,837,341
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,114,001 | $5,760,467 | $5,677,672 |
| Revenue | $3,195,418 | $3,205,136 | $4,950,835 |
| Expenses | $3,598,884 | $2,837,341 | $4,138,355 |
| Qualifying Distributions | $3,495,479 | $2,776,744 | $4,077,728 |
| Net Investment Income | $444,061 | $462,120 | $247,126 |
| Distributable Amount | $379,909 | $402,708 | $359,971 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Jose Antonio Miranda: CEO of Avangrid Inc.
- Pablo Colón: Executive Director of Avangrid Foundation and Director of Corporate Citizenship at Avangrid
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LANEY BROWN | PRESIDENT | 1 | — |
| APRIL THEBERGE | TREASURER | 1 | — |
| JOSEPH GALVIN-LOPEZ | SECRETARY | 1 | — |
| JUSTIN LAGASSE | DIRECTOR | 1 | — |
| MARK CONTRERAS | DIRECTOR | 1 | — |
| JOSEPH SEARLES | DIRECTOR | 1 | — |
| BETSY SALTONSTALL | DIRECTOR | 1 | — |
| PABLO D COLON | EXECUTIVIE DIRECTOR | 1 | — |
| MARY JACOBS | PROGRAM MANAGER | 1 | — |
Recent News & Activity
Recent developments and announcements
In February 2026, the Avangrid Foundation announced it provided more than $3.1 million in grants to 73 organizations in 2025, supporting social programs, education and training, biodiversity, and arts and culture in local communities.
Avangrid Foundation Provides $3.1 Million to Support Over 70 Community OrganizationsIn March 2026, the foundation announced a $250,000 donation to the American Red Cross Disaster Responder Program during Red Cross Month. This commitment builds on longstanding support totaling more than $5.3 million to the Red Cross. The foundation has been a member of the Disaster Responder Program since 2018 and has also organized regular blood drives across its service areas, contributing nearly 3,600 units of blood.
Avangrid Foundation Provides $3.1 Million to Support Over 70 Community OrganizationsSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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