Newswire

MetLife Foundation Supports COVID-19 Response In NYC

MetLife Foundation announced that it is providing grants to four New York City–based nonprofit organizations in support of COVID-19 relief efforts. The grants to these four organizations total $1 million and are part of MetLife Foundation’s $25 million commitment to the global response to COVID-19.

The organizations receiving grants are:

  • Bedford Stuyvesant Restoration Corporation ($200,000), to help families and businesses with funds for expenses such as rent, healthcare and childcare, as well as to provide financial counseling and food supplies to low-income communities.
  • Children’s Health Fund ($150,000), to increase access to healthcare amid the COVID-19 pandemic and to support low-income families with funds for transportation, food, access to technology for remote education, and supplemental learning materials.
  • Hot Bread Kitchen ($150,000), to provide financial support and other critical relief for its workforce program alumni, including workers and small businesses in the food industry.
  • Local Initiatives Support Corporation ($500,000), to support families with small-dollar emergency cash funds for expenses such as rent, food, childcare, transportation, and other basic needs.

“Many people who were economically vulnerable before the pandemic now face even greater challenges,” said Mike Zarcone, head of corporate affairs for MetLife and Chairman of MetLife Foundation. “This is especially true in New York, which is why MetLife Foundation is increasing its efforts here.”

As part of the $25 million commitment, MetLife Foundation and other MetLife entities have already provided over $6 million to relief efforts in Asia, EMEA, Latin America, and the United States, including $1 million to U.S. food banks to help them deal with increased demand for their services as a result of COVID-19.

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