Genentech, Genentech Foundation Commit $42 Million to COVID-19 Relief

Genentech, Genentech Foundation Commit $42 Million to COVID-19 Relief

Genentech and the Genentech Foundation have announced commitments totaling $42 million in support of COVID-19 relief and recovery efforts.

The funding will be directed to national, regional, and local efforts with a focus on three areas: critical health needs, strengthening schools, and grassroots community support. In the area of health needs, initial emergency grants to Direct Relief and the CDC Foundation for the purchase of personal protective equipment (PPE) for frontline workers will be complemented by grants aimed at ensuring low-income and uninsured COVID patients can access health care.

In the area of education, grants will support initiatives in California schools to create equitable access to distance learning for low-income students and deliver other critical services, including food assistance and mental health care. The company and its foundation also are partnering with the Silicon Valley Community Foundation and others to help rebuild the capacity of the education system in the region and provide enhanced tools for teachers, wraparound services for at-risk students, and direct financial assistance to students from low-income families.

The funds also will support community foundations, food banks, and regional relief efforts across the Bay Area and at other Genentech sites in the United States. Grantees include the Silicon Valley Community Foundation Regional Response Fund, the San Mateo County Strong Fund, the Oregon Community Recovery Fund, and the Oceanside Boys and Girls Club.