Puget Sound Energy Foundation to Award $119,000 in Charitable Grants to 42 Local Organizations as Part of First Funding Round in 2009

More Than Half Goes to Support Human Services Organizations That Help Vulnerable Populations

BELLEVUE, Wash., June 11, 2009 - The Puget Sound Energy Foundation today announced that it will distribute $119,000 to local charitable organizations throughout Washington as part of its first of two funding rounds in 2009. Ranging from $1,000 to $20,000, the grants are awarded based on a competitive review process to qualifying 501(c) (3) charitable organizations in 14 counties in Puget Sound Energy’s service and operations area.

“This year we are targeting the majority of our support to organizations that help people in need,” said Bert Valdman, interim chair of the Puget Sound Energy Foundation and executive vice president and chief operating officer for Puget Sound Energy. “The Puget Sound Energy Foundation is proud to support these compassionate organizations whose work is more important than ever in during these challenging economic times. We are fully committed to helping programs that help our customers, communities and region.”

More than half of the grants in this round of funding, the sixth since the foundation’s inception in 2006, support human services organizations that respond to the needs of vulnerable populations. Other recipients include organizations with programs in environmental stewardship, education, and the arts and culture.

Not included in this round of funding are additional funds contributed by the foundation to support PSE’s United Way and ArtsFund workplace giving campaigns.

Puget Energy, the parent company of PSE, created the foundation in 2006 with a $15 million endowment to ensure that support of community initiatives remains strong in the utility’s service and operation area regardless of business or economic conditions, and that PSE’s history of community involvement will continue for generations. Upon completion of the merger with Puget Holdings LLC earlier this year, the new owners contributed $5 million to the foundation’s endowment. None of the foundation’s funds will ever come from PSE’s utility customers.

The initial 2009 Puget Sound Energy Foundation grant recipients are:

Chelan County:

  • Wenatchee Art Education Consortium

Columbia County:

  • Columbia County Senior Citizens

Garfield County:

  • Garfield County Food Bank

Island County:

  • Clinton Progressive Association
  • Whidbey Island Share a Home (WISH)

Jefferson County:

  • Ecumenical Christian Helping Hands Organization (ECHHO)
  • Sound Experience

King County:

  • ArtsFund
  • Assistance League of Seattle (ALS)
  • Assistance League of the Eastside
  • Childhaven
  • Children’s Hospital Foundation
  • EarthCorps
  • Friends of the Hylebos
  • Friends United to Shelter the Indigent, Oppressed and Needy (FUSION)
  • Greater Maple Valley Community Center
  • K-12 Ventures
  • Kindering Center
  • King County Library System Foundation
  • KUOW Puget Sound Public Radio
  • Renton Area Youth and Family Services (RAYS)
  • The Soup Ladies
  • University of Washington Bothell Business Development Center

Kitsap County:

  • Holly Ridge Center
  • KidsUp!
  • Music Aid Northwest

Kittitas County:

  • Conservation Northwest
  • Washington Agriculture and Forestry Education Foundation

Lewis County:

  • Human Response Network
  • Lewis County Work Opportunities Services

Pierce County:

  • Children’s Museum of Tacoma
  • Pacific Lutheran University
  • Tacoma Art Place
  • Vadis

Skagit County:

  • American Red Cross (Mount Baker Chapter)
  • Rocky Mountain Elk Foundation

Snohomish County:

  • Cocoon House
  • Lake Stevens Senior Center

Thurston County:

  • Garden-Raised Bounty (GRuB)
  • Harlequin Productions

Whatcom County:

  • Ferndale Food Bank
  • Lydia Place

The Puget Sound Energy Foundation has two funding rounds per year with grant application deadlines of April 1 and Oct. 1. Requests for programmatic and capital support for the Oct. 1 funding round are currently being taken with awards being announced in December. Those interested can apply online via the Puget Sound Energy Foundation Web site: www.psefoundation.org. For additional information on PSE’s community investment and programs, visit PSE.com.

Contact

Nina Huang, 1-888-831-7250

About the Puget Sound Energy Foundation

Puget Energy, the parent company of Puget Sound Energy, created the Puget Sound Energy Foundation in 2006 to continue its legacy of leadership and support of worthy, community-based programs. The foundation makes charitable contributions to qualifying 501(c) (3) nonprofits to help support a broad range of community programs, with a special focus on initiatives that promote economic and environmental sustainability within PSE’s service territory and in other areas where the utility produces or purchases energy in the Pacific Northwest. None of the Puget Sound Energy Foundation funds come from utility customers. Visit PSEFoundation.org for more information.

About Puget Sound Energy

Washington state’s oldest and largest energy utility, with a 6,000-square-mile service area stretching across 11 counties, Puget Sound Energy serves more than 1 million electric customers and nearly 750,000 natural gas customers. PSE, a subsidiary of Puget Energy, meets the energy needs of its growing customer base primarily in Western Washington through incremental, cost-effective energy conservation, procurement of sustainable energy resources, and far-sighted investment in the energy-delivery infrastructure. PSE employees are dedicated to providing great customer service to deliver energy that is safe, reliable, reasonably priced, and environmentally responsible. For more information, visit www.PSE.com.