Hormel Foods Announces Giving Tuesday Donations to Help Others this Holiday Season

Rhea-AI Summary

Hormel Foods (HRL) announced significant donations for Giving Tuesday, contributing $20,000 each to Make-A-Wish Minnesota and Feeding America. These donations are part of ongoing COVID-19 relief efforts, which have supplied millions of meals this year. Additionally, the company introduced its Inspired Pathways program, offering free college education to employees' children. Over the past five years, Hormel has contributed more than $50 million in cash and product donations to various causes, highlighting its commitment to community support.

Positive

• Donated $20,000 to Make-A-Wish Minnesota and $20,000 to Feeding America during Giving Tuesday.
• Ongoing COVID-19 relief efforts provided millions of meals to those in need this year.
• Launched the Inspired Pathways program for free college education for employees' children.
• Total donations over the last five years exceed $50 million.

Negative

• None.

AUSTIN, Minn., Dec. 1, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced several Giving Tuesday donations to help others this holiday season. The company is donating $20,000 to Make-A-Wish Minnesota to help make the wishes of more children come true, and $20,000 to Feeding America. These donations are in addition to the company's ongoing COVID-19 relief efforts, which have provided millions of meals to those in need this year. In addition, Hormel Foods recently announced it will be providing the opportunity of a free college education to the children of its employees through its Inspired Pathways program.

"Giving Tuesday is a special day to shine a spotlight on all the great causes that people and companies like Hormel Foods can support during the holiday season," said Jim Sheehan, executive vice president and chief financial officer of Hormel Foods, who has been responsible for granting wishes to children personally. "Hormel Foods team members have been active volunteers and wish granters with Make-A-Wish. Feeding America has also been a longtime partner and an organization that has been of critical importance during the pandemic. We are all proud to support the heroic work of Make-A-Wish Minnesota and Feeding America to help children and families, and encourage others to do the same."

Over the last five years, Hormel Foods has donated more than $50 million in cash and product donations. Additional information about the company's charitable giving can be found in its corporate responsibility report.

Those wishing to donate to Make-A-Wish Minnesota or Feeding America can visit their websites, https://wish.org/minnesota and https://www.feedingamerica.org/.

ABOUT HORMEL FOODS — Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY^®, SPAM^®, Hormel^® Natural Choice^®, Applegate^®, Justin's^®, Wholly^®, Hormel^® Black Label^®, Columbus^® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for the 12^th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

Contact: Kelly Braaten
507-434-6352
media@hormel.com

View original content to download multimedia:http://www.prnewswire.com/news-releases/hormel-foods-announces-giving-tuesday-donations-to-help-others-this-holiday-season-301182411.html

SOURCE Hormel Foods Corporation

FAQ

What donations did Hormel Foods make on Giving Tuesday 2020?

Hormel Foods donated $20,000 each to Make-A-Wish Minnesota and Feeding America.

How much has Hormel Foods donated in the last five years?

Hormel Foods has donated over $50 million in cash and product donations in the last five years.

What is the Inspired Pathways program by Hormel Foods?

The Inspired Pathways program offers free college education to the children of Hormel Foods employees.

What efforts is Hormel Foods making for COVID-19 relief?

Hormel Foods has provided millions of meals to those in need as part of its COVID-19 relief efforts.