In the face of uncertain times and COVID-19, PwC (DiversityInc Hall of Fame) Charitable Foundation President Yolanda Seals-Coffield announced a massive $2.85 million donation to areas of need.
As of March 23, there are 33,404 cases of COVID-19 in the U.S. and 400 deaths, according to the Centers for Disease Control and Prevention.
“As President of the PwC Charitable Foundation, Inc., I am hearing countless stories about the rising challenges our communities are facing as a result of COVID-19,” Seals-Coffield wrote in a statement on LinkedIn. “I am inundated with requests from our people asking how we can help. We have been working around the clock to answer that exact question. In late February, the PwC Foundation made a $350,000 grant to Project HOPE to help purchase and deliver protective equipment to health workers in Wuhan and Shanghai Provinces of China.”
Today, PwC took it a step further and announced the company will now donate $2.85 million in grants. Five hundred thousand dollars will go to Feeding America to distribute emergency food boxes at their network of 200 food banks across the country.
PwC is also giving $500,000 to Direct Relief to deliver personal protective equipment, including the much-needed N95 masks and ventilators to healthcare workers in every single state.
The rest of the $1.5 million will go through Reimagine Grants to local leaders who will recommend which nonprofits in their cities and communities will receive financial assistance.
“While so much is unknown, I can promise you this: In the face of this new crisis, the PwC Foundation is committed to being there for our communities, to make a difference, and to be purposeful in our decisions so we can provide support where it is needed most,” Seals-Coffield wrote.
PwC is not the only DiversityInc Top 50 company to contribute money and resources during the COVID-19 pandemic.
Last week, Abbott (No. 10) shipped 150,000 Abbott RealTime SARS-CoV-2 EUA tests to existing customers in the U.S. in order to address the shortage of COVID-19 tests.