Micron Technology in Boise, Idaho, has pledged $35 million in cash and in-kind support to help communities disproportionately impacted by COVID-19. To that end, the company will launch a Micron Foundation $10 million relief fund in support of global initiatives focused on economic recovery, increase matching funds for employee gifts, offer financial assistance to employees in need, accelerate payments to small business suppliers, and donate facilities and supplies to emergency medical responders.
The Ralph Lauren Corporate Foundation (formerly the Polo Ralph Lauren Foundation) has announced a $10 million commitment in support of efforts to mitigate the impact of the coronavirus pandemic. The funding includes grants through the Emergency Assistance Foundation for employees with medical, eldercare, or childcare needs; a contribution to the World Health Organization's COVID-19 Solidarity Response Fund; ongoing commitments to international cancer institutions caring for patients who are especially vulnerable at this time; and an inaugural gift to the Council of Fashion Designers of America (CFDA)/Vogue Fashion Fund in support of individuals in the U.S. fashion industry affected by the virus. The company also announced that it is working with its U.S. manufacturing partners to produce face masks and isolation gowns.
Online media services provider Spotify has launched Spotify COVID-19 Music Relief, a website that recommends vetted organizations working to provide financial assistance to those in need in the music community, and has pledged to match donations made on the site up to $10 million. Initial partner organizations include Help Musicians, MusiCares, and the PRS Foundation.
The Chattanooga-based BlueCross BlueShield of Tennessee Foundation has announced grants totaling $3.25 million to food banks in the state impacted by the coronavirus outbreak. The foundation awarded grants of $750,000 to Second Harvest Food Bank of Middle Tennessee (Nashville) and the Mid-South Food Bank (Memphis); grants of $500,000 to the Chattanooga Area Food Bank, Second Harvest Food Bank of East Tennessee (Knoxville), and Second Harvest Food Bank of Northeast Tennessee (Tri-Cities); and a grant of $250,000 to the Regional Inter-Faith Association (Jackson).
Sustainable energy company AVANGRID and the Avangrid Foundation in Orange, Connecticut, have announced commitments totaling $2 million in support of nonprofits working to address the impact of COVID-19 on vulnerable communities in its service area. To that end, the company will provide $1 million for emergency needs, while the foundation will award $1 million in emergency response funding to its partners nationwide.
Pegula Sports & Entertainment, in partnership with the Buffalo Bills and Buffalo Sabres foundations, has announced that it will provide at least $1.2 million in direct community aid to western New York residents impacted by COVID-19. To that end, the Bills and Sabres foundations are partnering with the United Way of Buffalo & Erie County and other local foundations to launch the Western New York COVID-19 Community Response Fund. The company's contributions include ongoing support for FeedMore WNY and the Rural Outreach Center in East Aurora; support for first responders, hospital workers, and nurses; and funds for the purchase of protective and medical equipment supplies.
And Moody's Corporation has pledged $1 million in cash and in-kind support to mitigate the impact of COVID-19 nationally and globally, including $550,000 in support of efforts to address food insecurity, bolster healthcare systems, purchase medical supplies, and support research on containment and treatment. Recipients include the World Health Organization's COVID-19 Solidarity Response Fund, Team Rubicon, the NYC COVID-19 Response & Impact Fund, Direct Relief International, Doctors Without Borders, Save the Children, and Give2Asia. Moody's also will award $450,000 in unrestricted funds to address the impact of COVID-19 on small businesses and education systems, provide pro bono resources to support grantees' operations and transition to virtual programs, and institute a virtual employee volunteer program.
(Photo credit: Mid-South Food Bank)