GLENDALE, Calif.– Los Angeles Federal Credit Union (LAFCU) raised $11,500 in donations for the Los Angeles Regional Food Bank during August.
The funds were raised from online contributions, in-person branch donations, and from a raffle of a barbecue gift basket for LAFCU staff and their families. For every dollar raised, LAFCU also matched up to $5,000 for the Food Bank through LAFCU’s charity, the Los Angeles Charitable Association. All donations will go toward the Food Bank’s COVID-19 Disaster Relief Fund, which mobilizes food resources and then distributes to children, seniors, and families facing hunger in LA County
Established in 2020, the COVID-19 Disaster Relief Fund, with the help of 700 agency partners, has raised $8.6 million, increased fund distribution by 125%, and provides hunger assistance monthly to 900,000 LA County residents.
One in four people in LA County faces food insecurity. However, this has spiked due to the COVID-19 pandemic, and has disproportionately impacted low-income communities in LA County. Every $25 raised or donated pays for 100 meals to feed LA County residents in need, and almost 100% of revenues go directly to programs.
Each year LAFCU said it contributes financial resources to help the Food Bank fulfill its noble vision that no one in LA County goes hungry.