Pacific Life Foundation Donates Additional $500,000 in Support of
Covid-19 Relief Efforts in Local Communities
NEWPORT BEACH, Calif. – Nov. 17, 2020 – The Pacific Life Foundation (the Foundation) has announced grants totaling $500,000 in support of Covid-19 relief efforts in several local communities where Pacific Life employees live and work. The funds are part of a $1.75 million commitment from the Foundation toward Covid-19 relief efforts for 2020.
Boys & Girls Clubs across the nation have been at the forefront of meeting the needs of families during this difficult time. They have been there to provide emergency childcare for essential workers, providing virtual mentoring and tutoring to kids during quarantine, and helping provide basic needs and technology access for low-income families. The following Boys & Girls Clubs will each receive $50,000:
Local food pantries and meal distribution programs have seen a considerable increase in demand since the onset of the pandemic. Beyond the $400,000 in funding provided in April to local foodbanks to strengthen the food supply chain, the following additional funding is being provided to help community organizations continue to support families in need:
About Pacific Life and the Pacific Life Foundation
For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2020 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.
The Pacific Life Foundation (the Foundation) was established in 1984. Together with Pacific Life, the Foundation has contributed more than $123 million to community and national nonprofit organizations. Grants are made to organizations that address a broad spectrum of social needs.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2020 is compiled by Pacific Life using the 2020 FORTUNE 500® list.