The Alaska Community Foundation announced a new partnership with Hilcorp Alaska that will result in more than $5 million in charitable contributions over the next year. Through this partnership, ACF will take over the administration of Hilcorp Alaska’s giving program and disperse the employee-guided donations statewide.
Nina Kemppel, Prsident and CEO of The Alaska Community Foundation: “This is innovating news for philanthropy in Alaska, and a partnership we are very excited to begin. Hilcorp has a successful history of enhancing its social investment through the Greater Houston Community Foundation, and we’re thrilled to have the opportunity to take that proven model and help Hilcorp expand its corporate giving to Alaska.”
Under the Hilcorp Giving Program, Hilcorp establishes a charitable fund for employees with an initial gift of $2,500 followed by an annual match up to $2,000 every year thereafter. Each employee can then direct the funds to the charities of their choice. Since the program’s inception in 2007, Hilcorp’s employees have gifted over $15 million to U.S.-based nonprofit organizations.
Hilcorp Alaska Senior Vice President Dave Wilkins: “We are proud to have over 90% of our employees from Alaska and we are proud to be in Alaska. There is no better organization than ACF to help our employees invest in Alaska. Whether it is an after school program for at-risk youth, their church, or a homeless shelter, we empower our employees to become lifelong philanthropists and determine how best they can help their communities.”