Verizon Foundation makes $250,000 donation to Feeding Texas to aid in winter storm relief efforts

Rhea-AI Summary

Verizon is donating $250,000 to Feeding Texas to aid relief efforts following recent winter storms. The funds will help address increased hunger among Texans, with hundreds of thousands expected to seek assistance. CEO Hans Vestberg emphasized the company's commitment to support communities in crisis. Additionally, Verizon customers can contribute further by texting donations to the American Red Cross and Salvation Army. Verizon reported revenues of $128.3 billion in 2020, delivering a range of technology and communication services globally.

BASKING RIDGE, N.J., Feb. 20, 2021 (GLOBE NEWSWIRE) -- Following this week’s historic winter storms, the Verizon Foundation is making a $250,000 donation to Feeding Texas to support immediate relief efforts in communities across the state. The organization will use the funds to help relieve hunger, an issue which was further exacerbated by the storms.

“As a member of these vibrant Texas communities Verizon is ready to support first responders, our customers and employees impacted by these catastrophic storms,” said Hans Vestberg, Chairman and CEO of Verizon. “We believe it’s critical to support our communities during a crisis, and to help them recover and rebuild after a storm has passed.”

“Hundreds of thousands of Texans impacted by the storm will turn to food banks in the days and weeks to come, on top of the millions already struggling to feed their families during the pandemic,” said Celia Cole, CEO of Feeding Texas. “On behalf of the 21 food banks in the Feeding Texas network, we are grateful to the Verizon Foundation for their support of our relief efforts. This donation will help Texas food banks keep their communities nourished and resilient through this crisis.”

Verizon customers can also assist in relief efforts by texting the word REDCROSS to 90999 and $10 will be added to their Verizon bill and donated to American Red Cross upon confirmation of the billing zip code. American Red Cross is supporting at least 35 warming centers with cots and blankets across the state and more.

Customers also can text RESCUE to 52000 to give a one-time $10 donation to the Salvation Army USA, which is providing shelter, food, and other necessary items to those in need.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at https://www.verizon.com/about/media-center. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contacts:
Diana Alvear
(704) 620-3245
Diana.Alvear@verizon.com

 

FAQ

What is Verizon's donation to Feeding Texas for?

Verizon is donating $250,000 to Feeding Texas to support relief efforts due to increased hunger caused by winter storms.

How can Verizon customers contribute to relief efforts?

Verizon customers can text REDCROSS to 90999 or RESCUE to 52000 to donate $10 to the American Red Cross or Salvation Army, respectively.

What were Verizon's revenues in 2020?

Verizon generated revenues of $128.3 billion in 2020.

Who is the CEO of Verizon?

Hans Vestberg is the CEO of Verizon.