Power

Ramaco Foundation: Supporting Coal Communities

Ramaco Foundation

America’s coal-producing communities are critical to its growth and success, but they need more support. For this reason, Ramaco Resources, Inc. announced the creation of the Ramaco Foundation.

A philanthropic organization that will invest in the regions where its employees work in West Virginia, Virginia, and Wyoming by making grants and partnering with local non-profit organizations.

 

Childhood hunger & support education and workforce

As part of its launch, the Foundation awarded $100,000 in grants to organizations that fight childhood hunger in Wyoming and support education and workforce development in West Virginia.

Randall Atkins, President and CEO of Ramaco and Chairman of the Foundation’s Board of Directors, stated, “The regions where our employees and their families live are the backbone of this country and deserve far more investment and attention than they receive. We are proud to be members of these communities and for this opportunity to give back and support their success.”

 

Foundation’s activities

The Foundation’s activities will focus on southern West Virginia, southwest Virginia and Sheridan County, Wyoming, where the company operates.

Its first significant gifts are a $50,000 grant to The Food Group Wyoming, which fights childhood hunger in Sheridan County. And another $50,000 to Jobs for West Virginia’s Graduates, which provides career development and educational support to high school students.

Both organizations will receive $25,000 in 2022 and another $25,000 in 2023. The grants will benefit the organizations’ operating funds, program development, and other identified needs.

Board of directors

Evan Jenkins, president of the Ramaco Foundation, said, “The Ramaco Foundation is dedicated to building meaningful philanthropic relationships in these regions and strengthening the local social and economic fabric.” Jenkins was formerly a Congressman from southern West Virginia and Chief Justice of the West Virginia Supreme Court.

In addition to Atkins and Jenkins, the Foundation’s board of directors includes two other members – Patrick Graney III, founder and president of PCG Inc. of Charleston, West Virginia, and a longtime civic leader in the state, and Debra Wendtland, a prominent attorney from Sheridan, Wyoming, and one of the nation’s leading adoption specialists.

The Foundation is incorporated as a public benefit corporation. Under the Wyoming Non-profit Corporation Act and is classified as a 501(c)(3) organization under the Internal Revenue Code.

 

About Ramaco Resources, Inc.

Ramaco Resources, Inc. mines and develops high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia, and southwestern Pennsylvania. The company currently has three active mine complexes. One in central Appalachia, and one mine still needs to be in production near Sheridan. In addition to the Wyoming mine, it operates a pilot and research facility focused on producing advanced carbon products and materials from coal.

 

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