Smithfield Foods, Inc. has announced more than $3 million in cash and in-kind donations, including four million servings of protein, to support communities across America during the country’s response to COVID-19 (coronavirus). As part of the donations, Smithfield and its family of brands have launched the “Good Food Challenge” to aid Feeding America and its nationwide network of food banks. Smithfield’s “Good Food Challenge” welcomes the public to join the company and its brands in support of Feeding America and its nationwide network of more than 200 food banks that feed more than…
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Medtronic Foundation Commits an Additional $10M to Global COVID-19 Efforts
The Medtronic Foundation announced an additional $10M in contributions to COVID-19 relief efforts across the globe. This adds to the initial charitable contributions made by Medtronic and the Medtronic Foundation of $1.2M in February to support immediate response efforts. The Medtronic Foundation’s global and local response includes a comprehensive approach that is inclusive of cash contributions to over a dozen health and community nonprofits and will be used to fund: Training and supervising frontline health workers Ensuring the safety and well-being of frontline health workers, including provision of personal protective equipment (PPE) and…
Read MoreComerica Bank and Comerica Charitable Foundation Invest $4 Million in COVID-19 Relief Efforts for Small Business and Community Programming
Comerica Bank and Comerica Charitable Foundation announced today that it will invest $4 million in community programming support and businesses impacted by the COVID-19 crisis. “The impact of COVID-19 on the nonprofit organizations that care for and provide critical services to our communities is extraordinary. Serving and supporting our communities during this unique time in history is of critical importance,” said Curt Farmer, Chairman and CEO, Comerica Incorporated and Comerica Bank. These funds will be primarily deployed to Community Development Financial Institutions to support strategic programs designed to meet the needs of small…
Read MoreIFC Increases COVID-19 Support to $8 Billion to Sustain Private Sector Companies and Livelihoods in Developing Countries
The World Bank and IFC’s Boards of Directors have approved an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. The package will strengthen national systems for public health preparedness, including for disease containment, diagnosis, treatment, and support for the private sector. IFC, a member of the World Bank Group, will increase its COVID-19 related financing availability to $8 billion as part of the $14 billion package, up from an earlier $6 billion,…
Read MoreIPA supports calls to ‘back, not block’ British journalism amid COVID-19
The IPA has today echoed the cross-industry call for advertisers not to block the term Coronavirus, which is starving news brands – and British journalism – of much-needed revenue. As reported, news sites are seeing an enormous uptick in readership amid the Coronovirus – for some a 50% increase in page views. Unfortunately, however, due to some advertisers blacklisting the term Coronavirus these news brands are losing out on vital income. Says Nigel Gwilliam, Director of Media Affairs, IPA: “We are active champions of ensuring brand safety in our industry…
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