New Balance has committed $2 million in support of the local, regional, and global communities impacted by the COVID-19 pandemic.
The Boston-based company announced today that it will be donating $200,000 to Global Giving, which is one of the largest global crowdfunding platforms in the world. A $100,000 grant is also being given to No Kid Hungry to ensure that children in the most affected communities can continue to eat three meals a day. The Boston Resiliency Fund, Groundwork Lawrence, Good Shepherd Food Bank in Maine and the St. Louis Area Foodbank will also each receive a $50,000 New Balance Foundation grant, reflecting the regional communities where New Balance associates live and work. Select organizations from the New Balance Foundation’s network will receive a combined total of $1.5 million in additional New Balance Foundation grants that emphasize on supporting the health, nutrition, education, and physical activity of children and their families.
“We firmly believe it is our civic duty to support our communities in need around the world,” said Anne Davis, managing trustee of the New Balance Foundation, in a statement. “As we witness the growing impact of the COVID-19 pandemic, we are inspired by the acts of humanity, kindness and compassion that have emerged in support of one another during this health crisis. Guided by our values, NB Foundation will remain generous, flexible, and responsive recognizing the uncertainty created by these challenging times.”
It was previously announced that New Balance offices, factory, and retail stores in the U.S., Canada, and Western Europe will remain closed until at least March 27.