CNX Foundation to Take on School Lunch Debt, Local Veterans' Needs, and Other Socio-Economic Hardships of Residents and Families in Operating Communities

Core Perspective - CNX Resources Corporation is launching a new campaign focused on erasing school lunch debt, supporting local veterans, and addressing essential needs of families in the Appalachia region as part of its Appalachia First strategic vision [1][5]. Group 1: Philanthropic Approach - CNX adopts a hyper-localized investment strategy, prioritizing direct support to individuals and entities in need rather than large non-profits, fostering a virtuous cycle of community investment [2]. - The 2025 campaign will be fully funded by the CEO, who will reduce his compensation accordingly, following a cumulative offset of $4 million since 2022 [3]. Group 2: Initiatives and Impact - The CNX Foundation's flagship Mentorship Academy initiative aims to provide career-readiness programming and access to employment opportunities for underserved youth in the region [4]. - The campaign includes specific initiatives such as eliminating school lunch debt, supporting veterans through local organizations, and addressing essential needs like medical expenses for families [7][8]. Group 3: Company Overview - CNX Resources Corporation is a premier natural gas company with a focus on ultra-low carbon intensity, operating in the energy-rich Appalachia region, holding 8.54 trillion cubic feet equivalent of proved natural gas reserves as of December 31, 2024 [6].