DWS, one of the world's leading asset managers, announced today that it has donated USD $220,000 to Feeding America®, the nation’s largest domestic hunger-relief organization. The donation is part of the firm’s continued support to help mitigate the effects of the ongoing Coronavirus pandemic globally, and invest in the sustainability of communities by aiding relief programs. Funds will be allocated to food banks in cities across the U.S. to help provide vulnerable communities with meals during this unprecedented time of need.
“We are proud to be joining forces with Feeding America where we know our support can make an immediate impact to people who need it most during this unimaginably challenging and uncertain time,” said Mark Cullen, CEO of DWS Americas. “As the Coronavirus pandemic continues to threaten our health and economy, it has never been more important and necessary for people to come together for the greater good. With this donation, we will provide thousands of meals to individuals and families across the country who need it most.”
Feeding America will provide donations to local member food banks where DWS has a presence - in New York, Atlanta, Boston, Chicago, Costa Mesa, Dallas, Jacksonville, San Francisco and Seattle.
“Feeding America is incredibly thankful for the generous donation from DWS. Their support will help local food banks secure resources for communities across the country during this time of extraordinary need,” said Lauren Biedron, Vice President of Corporate Partnerships at Feeding America.
“We are proud to support Feeding America’s work aiding communities which have been hard hit by the Coronavirus pandemic,” said Asoka Woehrmann, Chief Executive Officer of DWS Group. "These are challenging times, but I am extremely pleased with how our employees are pulling together as one global team to take collective action in their local communities. We are looking forward to working together with Feeding America long-term.”
In April, the firm announced a donation of EUR 1 million to charitable organizations in countries where DWS is active and which have been particularly hit hard by the health crisis. DWS has also encouraged its employees to make donations to these organizations.
For more information about how to donate to Feeding America’s COVID-19 Response Fund, visit: https://www.feedingamerica.org/take-action/coronavirus. For additional information about DWS, visit: https://www.dws.com/.
About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with USD $838bn of assets under management (as of 30 June 2020). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.
DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.
About Feeding America
Feeding America® is the largest domestic hunger-relief organization in the United States. Through a network of 200 food banks and 60,000 food pantries and meal programs, we provide meals to more than 40 million people each year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; educates the public about the problem of hunger; and advocates for legislation that protects people from going hungry. Visit www.feedingamerica.org, find us on Facebook or follow us on Twitter.
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