Sweden pledges extra $19m in Loss and Damage Fund
Sweden pledges additional $19 million to the Loss and Damage Fund at the 29th United ...
The Intel Foundation decided to earmark $ 6 million to support coronavirus relief efforts in communities where the company has significant presence.
The foundation is committed to improving lives around the world and supporting communities during global crises and natural disasters.
The $4 million donation will be distributed to community foundations and organizations that are focused on food security, shelter, medical equipment and small-business support.
For the matching donations, Intel has identified strategic organizations unique to each major Intel site. Beneficiaries include food banks, school districts and children’s hospitals
– all groups focused on helping local communities manage the impact of the coronavirus pandemic.
Donation areas in the US include Arizona, California, Massachusetts, New Mexico, Oregon and Texas. Internationally, donation areas include Costa Rica, India, Ireland, Israel, Malaysia, Mexico and Vietnam.
The foundation will also offer a special match opportunity for every regular full-time and part-time employee and U.S. retiree to a total of $2 million for relief efforts around major Intel sites.
Donations from employees and U.S. retirees will be matched from March 26 to April 10, or until a total of $2 million is reached.
These efforts build on previously announced support including a donation of 1 million gloves, masks and other equipment to healthcare workers and a $1 million International Red Cross donation Intel committed to in January. Additionally, Intel is applying technology and expertise to help better understand and combat the virus. For example, Intel NUCs are helping in the coronavirus fight, and Intel and Lenovo have teamed up with Beijing-based BGI Genomics to accelerate the analysis of genomic characteristics of COVID-19.
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