share_log

LP Building Solutions and LP Foundation Donate Over $1.3 Million in 2024 to Support Nonprofits, Schools, and Communities

Businesswire ·  Dec 16 22:00

Year in giving reflects continued commitment to housing initiatives, environmental stewardship, and workforce development

NASHVILLE, Tenn.--(BUSINESS WIRE)--LP Building Solutions (LP), a leading manufacturer of high-performance building products, announced contributions exceeding $1.3 million in 2024 through the LP Foundation and other corporate giving initiatives. This marks the fifth consecutive year of increased contributions and the fourth straight year surpassing $500,000 in annual donations. These funds have supported over 100 nonprofits and public schools.





The LP Foundation, an independent 501(c)(3) nonprofit entity fully funded by LP, has been Building a Better World since 1973. Today, it operates five philanthropic programs: Community Grants, Disaster Relief, Team Member Giving Matches, Team Member Nonprofit Board Service Grants, and a partnership with the Gary Sinise Foundation.

"Our mission is to strengthen communities, protect our environment, and foster the next generation of talent," said LP Foundation President Breeanna Straessle. "We're proud to see how our contributions continue to create a lasting impact across the U.S. and Canada."

Strengthening Communities Through Strategic Giving
The LP Foundation prioritizes three areas aligned with LP's mission and values:

  • Affordable Housing: Supporting home-building initiatives in LP operational areas
  • Environmental Stewardship: Protecting ecosystems and supporting resilient, biodiverse forests
  • Future Workforce Development: Attracting diverse talent in manufacturing, forestry, and construction trades

In 2024, the Foundation awarded nearly $500,000 in community grants to dozens of nonprofits, including Dickinson Trail Network in Michigan to expand non-motorized trails and Goodwill Industries of Middle Tennessee's Skilled Trades Training program. Other examples include grants to Cheekwood Estate & Gardens in Nashville for reforestation after severe weather events and Cameron Lake Outdoor Education Centre in British Columbia, which provides environmental education to public school students.

"With more than 2,300 trees, Cheekwood Estate & Gardens is an accredited arboretum that celebrates the diversity of Middle Tennessee's native tree canopy and serves the community as an outdoor classroom, as well as a place for respite for people and wildlife," said Cheekwood Vice President of Gardens and Facilities Peter Grimaldi. "On behalf of Cheekwood, we are eternally grateful for the LP Foundation's generous support with funding to plant trees in our arboretum, which helps us replace the trees lost to extreme weather between 2021 and 2023. LP's investment is invaluable to our ongoing mission to replant, restore, and renew our diverse tree collection."

Expanding National Partnerships
LP deepened its partnership with the Gary Sinise Foundation in 2024, donating LP SmartSide Trim & Siding for specially adapted homes for wounded veterans. Last month, LP helped build a home for retired U.S. Army Sergeant Joshua Hargis in honor of Veterans Day.

"LP's generosity enables us to further amplify our support of our nation's incredible heroes and their families," said Gary Sinise Foundation Executive Director Donna Mercier. "On behalf of our founder Gary Sinise, we are so grateful for their unwavering support of our mission."

Disaster Relief and Community Resilience
Following Hurricane Helene's devastation in the Southeast U.S., LP provided critical support to impacted areas in North Carolina and Tennessee, including donations to humanitarian relief efforts, over 6,000 bottles of water, and OSB for rebuilding projects.

"Our community faced catastrophic flooding, and LP's swift response made a tangible difference," said LP Roaring River HR Manager Constance Fine.

Fostering Workforce Development
LP is dedicated to building a more inclusive and skilled workforce, supporting initiatives like the Manufacturing Institute's Women MAKE America and Heroes MAKE America programs, the Forest Workforce Training Institute, and the Building Talent Foundation, which connects young people and underrepresented groups to opportunities in construction trades.

Additional support was provided to organizations such as the National Association of Black Accountants, fostering diversity in finance and accounting, and other nonprofits that advance inclusion and career development in the manufacturing and forestry industries.

Learn more about LP's philanthropic programs at LPCorp.com.

About LP Building Solutions:
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive portfolio of innovative and dependable products includes Siding Solutions (LP SmartSide Trim & Siding, LP SmartSide ExpertFinish Trim & Siding, LP BuilderSeries Lap Siding and LP Outdoor Building Solutions), LP Structural Solutions (LP TechShield Radiant Barrier, LP WeatherLogic Air & Water Barrier, LP Legacy Premium Sub-Flooring, LP FlameBlock Fire-Rated Sheathing, LP NovaCore Thermal Insulated Sheathing and LP TopNotch 350 Durable Sub-Flooring) and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World by helping customers construct beautiful, durable homes while shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 22 plants across the U.S., Canada, Chile and Brazil. For more information, visit LPCorp.com.


Contacts

615-986-5886
Media.Relations@LPCorp.com

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment