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Avista Invests an Additional $10,000 in Montana Community Foundation
Grants from the Avista Fund to Benefit Residents of Sanders County, Montana


Jan. 6, 2010:
Building on a legacy of community partnership, Avista has announced a new investment of $10,000 in the Montana Community Foundation. The donation is in addition to a $100,000 investment in the Montana Community Foundation that established the Avista Fund in 2009. Grants from this fund will be made to qualifying non-profit organizations, benefitting the people of Sanders County Montana, home of Avista’s largest hydroelectric development – Noxon Rapids.

 

“Our company’s roots go back several generations in Sanders County, and we’re committed to being active partners in the communities where our employees live and work,” said Dennis Vermillion, president of Avista Utilities. “Adding to the Avista Fund at this time means that grants to help address community needs can be available sooner than we originally anticipated. In these difficult economic times this kind of support is more important than ever.”

Funding for these contributions comes from Avista shareholder dollars and is not charged to customers through retail rates.

It is anticipated that grants from the Avista Fund in the Montana Community Foundation will be available beginning in mid-2011, after a process for applying and awarding grants has been implemented.

Avista Corp. is an energy company involved in the production, transmission and distribution of energy as well as other energy-related businesses.  Avista Utilities is our operating division that provides electric service to 357,000 customers and natural gas to 316,000 customers.  Our service territory covers 30,000 square miles in eastern Washington, northern Idaho and parts of southern and eastern Oregon, with a population of 1.5 million.  Avista's primary, non-regulated subsidiary is Advantage IQ.  Our stock is traded under the ticker symbol "AVA."  For more information about Avista, please visit www.avistacorp.com.

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