The total amount of funds distributed to St. Louis-area individuals and businesses impacted by the COVID-19 pandemic has reached $1.6 million to date.
In an announcement today, officials revealed the COVID-19 Regional Response Fund and the Gateway Resilience Fund, both administered by the St. Louis Community Foundation, have granted a total of $1.61 million since March 24 to individuals, nonprofits and businesses in need of assistance.
An additional $1.84 million (for a total of more than $3.4 million) has been raised and will be distributed going forward. Recent highlights by fund, include:
COVID-19 Regional Response Fund:
- Of the $1.61 million granted to date, $970,000 was distributed to 33 nonprofits in the bi-state region serving populations disproportionately affected by the virus outbreak: $600,000 to 17 nonprofits last week (not previously announced), and $370,000 to 16 organizations announced the week prior.
- Ameren, Build-A-Bear Foundation, NISA Investment Advisors and the RGA Foundation are the latest St. Louis-area companies to sign on to the COVID-19 Fund, joining Schnucks, Wells Fargo, Emerson and WestPort One. The coalition of foundations, businesses and individual donors now totals 35.
Gateway Resilience Fund:
- Of the $1.61 million granted to date, $640,000 provides short-term financial assistance for employees and owners of bars, restaurants, shops, other small businesses and local artists. Recipients include 842 individuals and 20 businesses.
- In addition, the Build-A-Bear Foundation, Moneta Charitable Foundation and NISA Investment Advisors made contributions to the Gateway Resilience Fund.
Combined Data for Both Funds:
- Contributions to date for both funds total more than $3.4 million
- Grants to individuals, nonprofit organizations and businesses to date for both funds: $1.61 million
- Nearly $100,000 received from individual online donations
To contribute, visit stlgives.org/covid19.
