SPRINGDALE, ARK. – March 27, 2020
– Tyson Foods, Inc. (NYSE: TSN) is committing $13 million to support
critical needs in local communities where the company operates in response
to the COVID-19 pandemic, the company announced today. This investment
includes $2 million in community grants and more than $11 million worth of
products donated by the company since March 11.
The company has created a Community Response Fund that will distribute
grants and food donations to non-profit organizations working to help people
in Tyson Foods’ plant communities across the U.S. Community grants will be
awarded by invitation only.
“Our company is proud to play a critical role in feeding the nation during
this challenging time, and we recognize the importance of supporting our
team members, their families and our plant communities,” said Tyson Foods
CEO Noel White.“The purpose of this special fund is to provide help
where it’s needed most.”
To learn about additional COVID-19 response efforts by Tyson Foods,
click here.
COMMUNITY GRANTS
Grants will be allocated in Tyson plant communities for non-profit
organizations to help support Tyson team members and the local community.
Investments will be focused on non-profit partners providing emergency
response efforts such as rent and utility assistance, food distribution,
health care, childcare, small business support and other economic recovery
services.
TEAM MEMBER SUPPORT
Because our team members are Tyson’s most valuable asset, $500,000 will
bolster the company’s existing Helping Hands program, which offers financial
assistance to team members following a disaster or personal hardship.
TEAM MEMBER GIVING
The company will also offer a special matched giving opportunity. Funds
have been allocated to the company’s Giving Together program to amplify the
impact of giving from team members and encourage the support of a wide
variety of non-profit organizations.
HUNGER RELIEF
The company has donated four million pounds
of protein, valued at $11 million, since early March and expanded hunger
relief efforts to include the following.
- Product donations to the Tyson Community Pantry Program for local solutions
to hunger.
- Summer product donations to ensure the most vulnerable in our communities
have access to food during summer break.
- Meal boxes to Tyson drivers who may have difficulty accessing food while on
the road.
- Semi-trailers with approximately 35,000 pounds of product deployed to Tyson
plant locations for hourly team members and the community.
About Tyson Foods
Tyson Foods, Inc. is one of the world’s largest food companies and a
recognized leader in protein. Founded in 1935 by John W. Tyson and grown
under three generations of family leadership, the company has a broad
portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®,
Ball Park®, Wright®, Aidells®, ibp® and State Fair®.
Tyson Foods innovates continually to make protein more sustainable, tailor
food for everywhere it’s available and raise the world’s expectations for
how much good food can do. Headquartered in Springdale, Arkansas, the
company has 141,000 team members. Through its Core Values, Tyson Foods
strives to operate with integrity, create value for its shareholders,
customers, communities and team members and serve as a steward of the
animals, land and environment entrusted to it. Visit www.tysonfoods.com.
Contact:
Derek Burleson – 479-290-6466 or Derek.Burleson@Tyson.com