Global Matters

Committed to supporting the front lines of the COVID-19 recovery

By Graham Macmillan , President of the Visa Foundation, Visa

May 18,2020 10:50 AM GMT

At the Visa Foundation, we are committed to supporting individuals, businesses and communities around the world as we navigate the ever-changing social and economic impact of the COVID-19 pandemic.

As the situation rapidly evolves from a medical emergency to an economic crisis, there is an urgent call to action for philanthropic organizations to support communities in greatest need.

The Visa Foundation recently announced a $10 million COVID-19 relief program to support organizations on the frontlines of emergency response around the world. Over the last few weeks, we worked to identify potential grantees who are experts at providing critical services, such as medical care, access to food, and education and to disburse funds as judiciously and effectively as possible.

Today we announced $8.8. million in grants from the Visa Foundation’s $10 million COVID-19 emergency relief fund to support leading disaster relief organizations such as the Red Cross ($4.3 million), UNICEF ($1 million), and Feeding America and Food Banks Canada ($1 million). These organizations have strong regional and local footprints, and we believe they will leverage their vast networks to quickly and effectively help the greatest number of people possible.

I am proud to share our full list of approved regional grantees with a strong track record for impact, including:

Partner
Asia Foundation
Direct Relief
Feeding America
Food Banks Canada
Give2Asia
Médecins Sans Frontières (Doctors Without Borders)
Red Cross
The Asia Foundation
The Children's Aid Society
UNICEF

 

We will update this list over the next few weeks, as we identify and approve additional grants.

In our COVID-19 response and beyond, we are committed to being part of the solution to address both short-term needs as well as longer-term recovery as our foundation steps up to support inclusive economies where individuals, businesses and communities can thrive.

Visa Foundation