To help food banks continue distributing needed meals to vulnerable communities, Edison International has donated $500,000 to five Southern California nonprofits.
by Caroline Aoyagi-Stom
When Tammy Tran and her three sisters were growing up in Santa Ana, she recalls the food boxes they regularly received from the Orange County Food Bank filled with cheeses, cereal boxes and canned food.
“My parents are immigrants from Vietnam and were struggling. Growing up, I thought everyone got those boxes,” said Tran, a senior manager at Southern California Edison.
What if foundations were to open up their endowments entirely and put a time stamp on their payout? To do that, many foundations will need to have tough conversations about whether or not they exist in perpetuity.
Truist Cares initiative funds grants for distribution through community development financial institutions to support small business operating capital
CHARLOTTE, N.C., March 25, 2020/ 3BL Media/ – Truist Financial Corporation (NYSE: TFC) today announced a commitment of $1 million each to LiftFund and Natural Capital Investment Fund, community development financial institutions (CDFIs), to support small businesses affected by the COVID-19 pandemic in communities that Truist serves. The $2 million commitment is part of the financial services company’s Truist Cares initiative with a focus on Truist Cares for Small Businesses.
New Program is Part of Company’s $5 Million Commitment to Support COVID-19 Relief Efforts
NEW YORK, March 24, 2020 /3BL Media/–American Express is continuing its support of organizations combatting COVID-19 with the launch of a donation matching program to help feed local communities impacted in the U.S. When U.S.
If foundations cannot step up to fulfill their mission in times of crisis, who else will save the social sector?
During this massive economic upheaval caused by the COVID-19 pandemic, much attention has been focused on businesses, financial markets, and the economy, but the impact on our nonprofit sector will be worse. What can be done to avert the double whammy of a crisis of need at the same time as a drop in contributions?
One often-overlooked resource is the collateral in foundation endowments.
WHIPPANY, N.J, March 20, 2020 /3BL Media/ -- Bayer has announced it is joining the U.S. Government's fight against COVID-19 with a donation of 3 million tablets of the drug Resochin (chloroquine phosphate).
March 18, 2020 /3BL Media/ - National Grid is directing $500,000 to support customers affected by the health impacts, financial hardships and disruption caused by the COVID-19 pandemic. The funding will provide immediate relief to families and individuals in need and bolster efforts by local organizations to assist communities across Massachusetts, New York and Rhode Island.
NEW YORK, March 17, 2020 /3BL Media/ – MetLife Foundation announced today that it has committed to donating $1 million to food banks across the U.S. to help them deal with increased demand for their services as a result of coronavirus.
Food banks face the challenge of getting shelf-stable food into people’s homes as quickly as possible, especially now that vulnerable populations such as the elderly have been advised to practice social distancing. In addition, food banks face greater need from families with children who no longer have access to meals at schools.
The outbreak of Coronavirus (COVID-19) is dominating media headlines. You may even have already been personally impacted by disruptions to your everyday life. Although the situation is changing rapidly, organizations like yours can’t hesitate when it comes to strategic disaster response programs.