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As hundreds of thousands seek safety from this week’s catastrophic Hurricane Harvey, and people across the nation look for ways to help with rescue and recovery, The USAA Foundation, Inc. has pledged to assist those efforts with a $1 million grant.
The Foundation’s contribution will support the American Red Cross, the San Antonio Food Bank and Team Rubicon to aid ongoing search and rescue efforts, as well as providing food and much-needed care to storm evacuees from Houston and coastal cities.
In addition to the grant from The Foundation, USAA introduced a donation program for its 32,000 employees worldwide Tuesday, committing to matching their contributions, dollar for dollar, up to a total of $150,000. That total was met in less than six hours, so the matching grant was boosted Wednesday to $500,000, raising the potential contribution from USAA and its employees to at least $1 million, on top of the $1 million pledge from The Foundation.
“Employees care deeply about our members and have really shown our concern about Hurricane Harvey,” CEO Stuart Parker said. “We all want to help. For those who want to contribute money, this matching opportunity is a chance to double the impact.”
During a Wednesday afternoon press conference at San Antonio City Hall, Mayor Ron Nirenberg thanked USAA and other corporate citizens who have joined forces with the city and local non-profit organizations as part of a coordinated response to the storm.
Praising the city’s culture of generosity and compassion, Nirenberg noted how San Antonio is filled with community servants all working toward the greater good, illustrated by the outpouring among individual citizens donating resources not only in the public sector, but across local private organizations as well.
“The devastation we see from Hurricane Harvey – some of us personally affected – has resulted in a commitment from our community to give, support and drive impact,” said Harriet Dominique, senior vice president of Corporate Responsibility and Community Affairs at USAA and president of The USAA Foundation Inc.
Donations raised through the USAA employee matching funds program will also go to the American Red Cross, Team Rubicon and the San Antonio Food Bank.
The Red Cross is providing shelter, meals and health care to individuals and families affected by Harvey. The San Antonio Food Bank is operating in emergency response mode to meet food and supply needs across the state.
Team Rubicon is a group of veteran and service member volunteers who are also providing critical resources and supporting rescue missions. Investing in organizations such as these that provide response and relief support to communities affected by natural disasters is an ongoing area of strategic focus for The USAA Foundation and USAA Corporate Responsibility.
“The needs are greater than ever right now because of the record-breaking impact of Hurricane Harvey,” Dominique said. “We hope these additional funds from The Foundation, coupled with our employees’ contributions and USAA’s match, will help make a difference for so many whose lives have been devastatingly disrupted.”
Learn more about the USAA Corporate Responsibility strategy.
The USAA Foundation, Inc., a nonprofit organization, does not endorse or promote any commercial supplier, product or service. USAA is the sponsor of The USAA Foundation.
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