When Hilcorp Wins, The Community Wins

In 2022 alone, Hilcorp Energy Company (Hilcorp), a Houston-based oil and gas company, and its affiliate Harvest Midstream granted over $22 million. This staggering achievement was made possible through various giving vehicles established in partnership with Greater Houston Community Foundation, especially Hilcorp and Harvest’s Employee Donor Advised Funds and three different Scholarship Funds In addition, Hilcorp and Harvest Midstream both support their employees through Employee Disaster Relief Funds. With a corporate goal of developing lifelong givers in their community, Hilcorp and Harvest are showing us all how when they win, so do the communities in which they operate.

So, what ignited such meaningful giving in 2022? In 2021, Hilcorp and Harvest announced that both companies met their 5-year goals and that every employee would receive a bonus. This bonus included up to $25,000 to each employee’s Donor Advised Fund at Greater Houston Community Foundation The company’s generosity has inspired record-breaking giving, with gifts to organizations that support human services, religion, education, health, and environmental causes being the top issue areas Hilcorp employees support.

TOP FIVE ISSUE AREAS FOR HILCORP EMPLOYEES

HUMAN SERVICES – $5.68 Million

RELIGION – $5.17 Million

EDUCATIONAL – $3.86

Million HEALTH – $3.73 Million

ENVIRONMENTAL – $1.62 Million

Your generosity has been a huge help for the past three years. I can’t wait to use my degree for my future profession and to graduate debt-free. Thank you for assisting me in reaching these goals!

– EMMA WIK, Hilcorp Scholarship Recipient

In 2007, Hilcorp established the Hilcorp Giving Program. This unique program establishes a Donor Advised Fund for every new employee with an initial gift of $2,500. Each employee has online access to their Employee Donor Advised Fund through Greater Houston Community Foundation and can make donations to charities anytime at their discretion. Employees are invited to add personal dollars to their charitable funds through payroll deduction, and the company will match an employee’s donations into their fund up to $2,000 a year. Each employee’s fund can last for a lifetime, long after their career at Hilcorp. Nearly 100% of employees participate in the charitable giving program!

The Greater Houston Community Foundation is proud to administer the Hilcorp and Harvest Employee Giving Programs. The programs’ unique design and scale are impressive, but the autonomy afforded to each employee to give to whatever cause matters most to them is the gold standard in corporate philanthropy. Hilcorp and Harvest are true exemplars in paying it forward. In my 12 years of working at the Foundation, I’ve never seen or heard of an employee giving program that is close in size or scale.

– STEPHANIE BLAIR, Director of Corporate Relations at Greater Houston Community Foundation

In addition to the employee charitable funds, since 2010, Hilcorp has awarded over $4 million to 438 students through their two scholarship programs with Greater Houston Community Foundation. The Hilcorp Scholarship is available to children or dependents of Hilcorp employees. The Hilcorp Future Leaders of America Scholarship, a community scholarship, is available to graduating high school seniors from select communities across the United States where Hilcorp operates. Each scholarship program is a four-year renewable scholarship. As of 2022, the Hilcorp Future Leaders of America Scholarship has awarded scholarships to students from 54 schools across nine states. In addition, Harvest Midstream established the Harvest Scholarship Program in 2022, which benefits dependents of Harvest Midstream employees.

The partnership we have with Greater Houston Community Foundation allows our employees to live out our core values and achieve our mission to unlock energy for the betterment of our employees and our communities. With Greater Houston Community Foundation, we developed the Hilcorp Giving Program with the goal of helping our employees become lifelong givers. They are taking ownership of their giving and delivering tremendous support to our communities.

– MIKE BREZINA, Senior Vice President for HR at Hilcorp

Greater Houston Community Foundation has been a proud philanthropic partner to Hilcorp for over 15 years. Based on 2022 alone, it is evident that Hilcorp and Harvest develop their employees as lifelong givers, igniting positive change in our community.