Rockefeller Foundation Commits $30 Million for COVID-19 Response

Rockefeller Foundation Commits $30 Million for COVID-19 Response

The New York City-based Rockefeller Foundation has announced a commitment of $30 million in support of COVID-related programs worldwide, boosting its total support for such efforts to $50 million.

Announced in COVID-19: Meeting This Moment, the most recent annual letter from the foundation's president, Rajiv J. Shah, the commitment includes $15 million in support of a national action plan to expand testing and help the U.S economy reopen safely. To that end, the letter details four priorities: working with U.S. cities and states to protect people from infection through the use of science and data; expanding testing rapidly, with the goal of re-starting the U.S. economy in a safe way and serving as a model for other countries; creating public-private coalitions that can procure and distribute personal protective equipment (PPE) in a proactive and sustained way; and creating an early warning and response system to address the potential reemergence of the coronavirus and prevent future pandemics.

The letter also details the foundation's efforts to build new connections between its existing public health grantees and partners and major companies and banks, with Shah writing that in collaborating outside the typical philanthropic space, the foundation is poised "to come up with the best, most sustainable solutions to problems that won't be solved with philanthropy alone."

According to the foundation, approximately 44 percent of U.S. workers pre-pandemic lacked enough in savings to address a $400 emergency. "The Rockefeller Foundation is committed to making sure every family in America can access the resources they need to weather this crisis,"  he added. "So is our network of grantees and partners."