Barcode PWC 2012, Bjørn Erik Pedersen , CC BY 3.0

The PwC Foundation Addresses the Growing Opportunity Gap through New COVID-19 Grants

Originally published on LinkedIn by Yolanda Seals-Coffield, Principal and Chief Employment Counsel for PwC LLP and President of the PwC Charitable Foundation, Inc.

From the start of this pandemic, the PwC Charitable Foundation, Inc. team, like many others, saw the immediate need to provide aid in a time of crisis. We swiftly acted to help put personal protective equipment (PPE) in the hands of healthcare workers. We also turned our focus to the millions of American families now facing hunger due to factors like unemployment and school closures.

Within weeks of the onset of the crisis, the PwC Foundation made contributions totaling $1.35M to Feeding America, Project HOPE and Direct Relief. We also announced that, to support our PwC people and local communities, the Foundation would make $1.5M available for PwC leaders to help fund nonprofits to aid in their COVID-19 response work.

As this crisis now extends further into 2020, we are seeing needs shift, but not diminish. This is especially true for millions of students across the country now learning at home: School closures due to COVID-19 have affected at least 55.1 million students. Our latest phase of grant-making includes an additional $700,000 in COVID-19 relief — bringing our total investment to $3.55M. The newest grants align with our deep commitment to:

  • Address the opportunity gap: The current crisis is exacerbating social and economic inequities, and widening the opportunity gap. The Foundation will contribute a combined $500,000 to Reading is Fundamental and DonorsChoose to help teachers and students get the supplies they need for immediate remote schooling. Together, these initiatives aim to reach more than 70,000 underserved students.
  • Amplify our people’s efforts: PwC’s people have personally contributed more than $700,000 to COVID-19 response efforts through the firm’s crowdfunding platform. The Foundation is supporting their choice to lead with purpose by providing $200,000 to amplify the impact of these crowdfunders. These dollars will go to organizations working directly in their communities tackling everything from food insecurity and mental health care to providing support to first responders.

While we may be apart, our people refuse to be idle. We continue to live our purpose: To build trust in society and solve important problems. Today, that means giving to those who need it most.

 

Latest News

5 Biggest News Stories of the Week: May 19

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Emergency Services Dispatcher…

5 Biggest News Stories of the Week: May 12

As the saying goes, the news never stops — but there’s a lot of it out there, and all of it doesn’t always pertain to our readers. In this weekly news roundup, we’ll cover the top news stories that matter most to our diversity focused audience. 1. Coverage From DiversityInc’s…

Questlove plays a DJ set at DiversityInc's 2022 Top 50 event.

Photo Gallery: 2022 Top 50 Event

Accenture earns No. 1 spot on the Top 50 List, Hilton joins Hall of Fame. Expert panels and presentations cover the event’s theme of “ESG: Climate and Culture at Risk”. State Street execs share how they ranked for the first time. Cutting edge research from the Wharton School is presented…

Dr. Sally Saba

DiversityInc 2022 Top 50 Event: A New Landscape = New Opportunity: Shaping Corporate Standards of Excellence for ID&E Management

The role of an inclusion, diversity and equity practitioner has completely evolved, and all eyes are on the corporate community as it navigates its approach. Dr. Sally Saba, Chief Inclusion and Diversity Officer at Medtronic, spoke about working together to shape the next generation’s standards during her Top50Talk “A New…