HEARST FOUNDATIONS ANNOUNCE OVER $50 MILLION IN SPECIAL GRANTS TO AMERICAN NONPROFITS IMPACTED BY PANDEMIC
The Hearst Foundations announced today that they are granting over $50 million in emergency funding to more than 100 U.S. medical, humanitarian and cultural organizations severely impacted by the COVID-19 pandemic.
The announcement was made today by William Randolph Hearst III and Virginia Hearst Randt, presidents of the William Randolph Hearst Foundation of California and the Hearst Foundation, Inc. of New York, along with Frank A. Bennack, Jr., chair of the gift committees of the two foundations.
“These grants are in addition to the regular support the two foundations make annually to hundreds of worthy nonprofit organizations. These actions are being taken early in the crisis and in recognition of the critical and immediate need for the funds which are expected to be received by the organizations within the next 10 days.”
About Hearst Foundations
The Hearst Foundations are national philanthropic resources for organizations working in the fields of culture, education, health and social services. The Hearst Foundations identify and fund outstanding nonprofits to ensure that people of all backgrounds in the United States have the opportunity to build healthy, productive and inspiring lives. The Hearst Foundation, Inc. was founded by William Randolph Hearst in 1946. In 1949 Hearst established the California Charities Foundations, later renamed The William Randolph Hearst Foundation. Both foundations are guided by the same charitable mission, which reflects the philanthropic interests of their founder. The Hearst Foundations are independent of Hearst corporation. Visit the Hearst Foundations at http://www.hearstfdn.org/.
