Top Best Donations Made For COVID19 Epidemic
JPMorgan said it will to donate $50 million to groups and organizations that provide support and supplies to people affected by the coronavirus all over the world, according to a report by Reuters.
The first $15 million will go to groups directly dealing with how the virus is affecting people directly, with $5 million to institutions that handle community development, to dole out low- or no-interest loans. The bank has earmarked $3 million to international groups that provide the same service.
The bank plans to donate $2 million to the COVID-19 Solidarity Response Fund run by the United Nations and the World Health Organization (WHO). It will also give $1 million each to Feeding America, GlobalGiving Foundation and the China Foundation for Poverty Alleviation.
There will be $2 million going to nonprofits, and $35 million to “medium-to-long term challenges communities are likely to face as the COVID-19 crisis continues to unfold.”
Amazon will also be donating money to help with the crisis, and it’s one of the only companies seeing growth during the pandemic, according to a report by TechCrunch.
The company is going to donate $1 million between four organizations in Washington, D.C. that are fighting the coronavirus: ACT for Alexandria, Arlington Community Foundation, Community Foundation for Northern Virginia and the Greater Washington Community Foundation.
The foundations focus on people who have been the most affected, like the homeless, the elderly and people who work hourly jobs that have been put on hold due to the COVID-19 outbreak.
Amazon is also going to give cash to food banks in the region, which will use the money to provide necessities for families and persons in need.
Amazon also recently created a $5 million Neighborhood Small Business Relief Fund to aid businesses facing economic troubles, and has contributed another $1 million to a Seattle fund for people dealing with the virus. Amazon has a large presence in Seattle, and the city is one of the hardest hit by the pandemic.
Bunkered down at home or not, celebrities all over the world are stepping up to do what they can to combat the coronavirus pandemic by making charitable donations to those in need.
'Jersey Shore' star Jenni 'JWoww' Farley teamed up with Eat Clean Bro, a meal delivery service, to donate 500 prepared meals to Jersey Shore University Medical Center. (Reuters)
Angelina Jolie has also donated $1 million to an organization called No Kid Hungry, per an online statement.
No Kid Hungry focuses on feeding the children of low-income families and has mobilized in recent weeks, donating $2 million to charities across the country and issuing emergency grants to schools, food banks and more.
On Monday, Ryan Reynolds took to his Twitter with the news that he and wife Blake Lively are donating $1 million total to be split between two organizations.
"Covid-19 has brutally impacted older adults and low income families. Blake and I are donating $1 million to be split between FEEDING AMERICA and FOOD BANKS CANADA," Reynolds wrote on Twitter. "Take care of your bodies and hearts. Leave room for joy. Call someone who's isolated and might need connection."
Kylie Jenner has also donated $1 million in order to purchase protective gear for medical professionals.
The U.K. has announced a £210 million ($253 million) donation to speed up a coronavirus vaccine and the prime minister, Boris Johnson, has called on other world leaders to do the same.
There is an $8 billion shortfall in funding for coronavirus, Mark Henderson, director of communications at Wellcome Trust, told me this week. Developing a vaccine alone would cost $2 billion.
"To date, this is the largest single contribution by any country to the key international fund to find a coronavirus vaccine," the Prime Minister's office said in a statement. The pledge was announced following a virtual G20 meeting, the day before Johnson himself tested positive for COVID-19.
As the novel coronavirus continues to rapidly spread around the world, a growing number of sport stars and teams have donated millions of dollars to help medical workers and hospitals fight the global pandemic.
The outbreak of COVID-19 has already wreaked havoc on the sporting calendar, forcing the postponement of the 2020 Tokyo Olympic Games and the suspension of many major professional sports. Several sportspeople have also tested positive for the disease.