Tyson Foods Commits $13 Million in COVID-19 Hunger Relief and Community Support
March 27 2020 - 6:56AM
Tyson Foods, Inc. (NYSE: TSN) is committing $13 million to support
critical needs in local communities where the company operates in
response to the COVID-19 pandemic, the company announced today.
This investment includes $2 million in community grants and more
than $11 million worth of products donated by the company since
March 11.
The company has created a Community Response Fund that will
distribute grants and food donations to non-profit organizations
working to help people in Tyson Foods’ plant communities across the
U.S. Community grants will be awarded by invitation only.
“Our company is proud to play a critical role in feeding the
nation during this challenging time, and we recognize the
importance of supporting our team members, their families and our
plant communities,” said Tyson Foods CEO Noel White. “The purpose
of this special fund is to provide help where it’s needed
most.”
To learn about additional COVID-19 response efforts by Tyson
Foods, click here.
COMMUNITY GRANTS
Grants will be allocated in Tyson plant communities for
non-profit organizations to help support Tyson team members and the
local community. Investments will be focused on non-profit partners
providing emergency response efforts such as rent and utility
assistance, food distribution, health care, childcare, small
business support and other economic recovery services.
TEAM MEMBER SUPPORT
Because our team members are Tyson’s most valuable asset,
$500,000 will bolster the company’s existing Helping Hands program,
which offers financial assistance to team members following a
disaster or personal hardship.
TEAM MEMBER GIVING
The company will also offer a special matched giving
opportunity. Funds have been allocated to the company’s Giving
Together program to amplify the impact of giving from team members
and encourage the support of a wide variety of non-profit
organizations.
HUNGER RELIEF
The company has donated four million pounds of protein, valued
at $11 million, since early March and expanded hunger relief
efforts to include the following.
- Product donations to the Tyson Community Pantry Program for
local solutions to hunger.
- Summer product donations to ensure the most vulnerable in our
communities have access to food during summer break.
- Meal boxes to Tyson drivers who may have difficulty accessing
food while on the road.
- Semi-trailers with approximately 35,000 pounds of product
deployed to Tyson plant locations for hourly team members and the
community.
About Tyson FoodsTyson Foods, Inc. is one of
the world’s largest food companies and a recognized leader in
protein. Founded in 1935 by John W. Tyson and grown under three
generations of family leadership, the company has a broad portfolio
of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®,
Ball Park®, Wright®, Aidells®, ibp® and State Fair®.
Tyson Foods innovates continually to make protein more
sustainable, tailor food for everywhere it’s available and raise
the world’s expectations for how much good food can do.
Headquartered in Springdale, Arkansas, the company has 141,000 team
members. Through its Core Values, Tyson Foods strives to operate
with integrity, create value for its shareholders, customers,
communities and team members and serve as a steward of the animals,
land and environment entrusted to it. Visit www.tysonfoods.com.
Contact: Derek
Burleson – 479-290-6466 or Derek.Burleson@Tyson.com
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