Chesapeake’s $25 million 
of charitable giving in 2010
Chesapeake’s sense of civic commitment provides a bountiful harvest of 
benefits to cities large and small. We partner with groups and organizations 
across all of our operating areas to improve the communities our employ-
ees, contractors, vendors, land and mineral owners call home. We believe 
the success of our business depends on the strength, goodwill and vitality  
of those communities. Most importantly, we believe it is the responsibility  
of every successful business to share success with its neighbors.
In 2010 we gave more than $25 million to charitable organizations 
and projects across our operating areas, primarily focusing on community  
development, education, health and medical and social services.
Economic Impact
While much of the U.S. is still struggling to recover from the economic re-
cession, the positive impact of natural gas and oil operations has provided 
a valuable economic recovery stimulus for states that are home to explora-
tion and development activities. As the nation’s second-largest producer 
of natural gas, a Top 15 producer of liquids and most active driller of new  
wells, Chesapeake’s arrival in a new play stimulates economic activity, 
augments personal income through jobs and royalty payments, gen-  
erates substantial tax revenue and sustains communities throughout its 
operating areas.
In addition to the general economic impact of our activities on local  
economies, the company’s tax contributions are substantial. In 2010  
Chesapeake paid approximately $675 million in taxes, including ad valorem, 
severance, sales, employer, and corporate income and franchise taxes. These 
taxes pay for ongoing government services and also build and maintain 
schools, recreational facilities, and parks and roads — at a time when state 
and local governments are still feeling the pinch of recession. We are proud 
to support America’s economy with our growth while also helping to protect 
the environment through the greater use of clean-burning natural gas and 
reducing the country’s dependence on expensive foreign oil.
Chesapeake also makes contributions that help improve lives and 
economies in cities where we operate: $25 million in 2010 alone. For ex -
ample, this past year we donated $200,000 to establish the Chesapeake 
Environmental and Recycling Center at Goodwill Industries of Central 
Oklahoma. The center will provide an additional 80 jobs to disabled Okla-
homans, as well as help Goodwill recycle 10 million pounds a year, which 
24  |  COMMUNITY RELATIONS
INVESTING IN  
OUR COMMUNITIES »
Community Development
Education
Health and Medical
Social Services
Equipping the next generation — West Virginia 
students hold their new laptops from  
Chesapeake as part of the company’s  
Discovering Tomorrow’s Leaders program. 
54%
24%
7%
15%
equates to one-third of 
the goods that other-  
wise would have been 
destined for Oklahoma 
City-area landfills. In 
West Virginia, we helped 
fund construction of 
the Morgantown Market 
Place, a permanent site for the city’s farmers’ market, creating more busi-
ness opportunities for local farmers.
Chesapeake also supports local chambers of commerce and city 
councils in all of its operating areas. In the Haynesville Shale last year, we 
awarded grants to the Shelby County, Sabine Parish and Coushatta-Red 
River chambers of commerce to help fund tourism, business communi -
cations and chamber events. In Texas, we assisted more than 250 civic, 
professional and community service organizations throughout Johnson, 
Tarrant and western Dallas counties, and sponsored memberships in  
35 local Texas chambers of commerce. By helping local chambers and 
businesses grow and thrive, we are creating stronger economies.
We also hire locally whenever possible to help stimulate the local 
economy, and we provide training when the local work force isn’t yet