Dalio Philanthropies Commits $4 Million for COVID-19 Relief

Dalio Philanthropies Commits $4 Million for COVID-19 Relief

Barbara and Ray Dalio and Dalio Philanthropies have announced a $4 million commitment in support of organizations working to provide medical care, food, and critical services to individuals across Connecticut affected by the COVID-19 pandemic.

The pledge includes $3 million to provide childcare services for hospital workers through a program administered by the Capital Region Education Council (CREC) in coordination with the Office of Early Childhood. The funding will support eight-weeks of childcare at childcare centers in close proximity to hospitals where parents with children work.

The remaining $1 million will help address the basic needs of Connecticut residents, including $500,000 to Foodshare for the purchase and distribution of fourteen trailers of food at sixty-four sites; and $500,000 to the Connecticut Food Bank in support of food distributions to its network of more than three hundred agencies.

"Ray and I are deeply concerned about these frontline hospital workers, and the additional burdens they're bearing as a result of this pandemic," said Barbara Dalio. "We want to do what we can to make sure they get the childcare services they need so they can provide medical care for others. We are starting with frontline hospital workers whose children are all of a sudden home every day and who don't have childcare. To us, they are heroes. The least we can do is make sure their children are taken care of while they're on the front lines providing medical care."