Company Foundation Awards $3 Million in Community and Social Investment Funds
March 3, 2025
Empowering communities for a resilient future, the Freeport-McMoRan Foundation has awarded $3 million to 66 projects across five states. This ongoing initiative is part of the Foundation’s commitment to fostering long-term prosperity through its Community and Social Investments Funds.
These funds support community-driven projects and programs that provide meaningful social benefits and build resilience for a post-mining future. They were awarded in Arizona, Colorado, Iowa, New Mexico and Texas. Check out the 2024 full list for details on the organizations and projects by state.
“The success of our community investments depends on genuine partnerships with communities,” said Tracy Bame, Director-Corporate Social Responsibility. “We work together to identify opportunities, address potential risks to resilience and well-being, and develop initiatives that strengthen communities for the long term.”
Every year, the Social Responsibility team engages in conversations with community stakeholders and partner organizations to improve the community’s ability to address various issues and challenges. In 2024, some important topics included energy transition, climate change, mine transitions, economic diversification and the evolving nature of work related to new technologies.
Throughout the investment process, the Foundation collaborates with various partners. These include True Impact, which helps measure project impact; and Better City, which assists communities in creating Resilience Action Plans. These plans engage stakeholders in identifying and prioritizing risks, developing strategies and finding resources for both short- and long-term actions. They are designed to fit with existing community plans and consider local resources and capacities.
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