Alleghany Corporation Donates $1 Million To The NYC COVID-19 Response & Impact Fund
Alleghany Corporation (Y)
Last alleghany corporation earnings: 2/19 05:08 pm
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alleghany.com/investors-and-news/default.aspx
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Source: PR Newswire
NEW YORK, April 13, 2020 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced that it has donated one million dollars to the NYC COVID-19 Response & Impact Fund in the New York Community Trust. The donation reflects the desire of Alleghany's management and Board of Directors to assist in the fight against the pandemic and to support New York City's most vulnerable residents. About NYC COVID-19 Response & Impact FundThe NYC COVID-19 Response & Impact Fund was created on March 20, 2020 to aid small to mid-sized New York City-based nonprofit social service providers and arts organizations struggling with the health and economic effects of the coronavirus. It will give grants and no-interest loans to nonprofits that are trying to meet the new and urgent needs that are hitting the city and the communities they serve. The New York Community Trust will administer the Fund and oversee grants, while Nonprofit Finance Fund will manage the loans. Priority will be given to nonprofits
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