Dalio Philanthropies Commits $four Million for COVID-19 Aid

Barbara and Ray Dalio and Dalio Philanthropies have introduced a $four million dedication in assist of organizations working to supply medical care, meals, and important providers to people throughout Connecticut affected by the COVID-19 pandemic.

The pledge contains $three million to supply childcare providers for hospital staff by means of a program administered by the Capital Area Training Council (CREC) in coordination with the Workplace of Early Childhood. The funding will assist eight-weeks of childcare at childcare facilities in shut proximity to hospitals the place dad and mom with youngsters work.

The remaining $1 million will assist deal with the fundamental wants of Connecticut residents, together with $500,000 to Foodshare for the acquisition and distribution of fourteen trailers of meals at sixty-four websites; and $500,000 to the Connecticut Meals Financial institution in assist of meals distributions to its community of greater than 300 companies.

“Ray and I are deeply involved about these frontline hospital staff, and the extra burdens they’re bearing on account of this pandemic,” mentioned Barbara Dalio. “We need to do what we will to ensure they get the childcare providers they want to allow them to present medical take care of others. We’re beginning with frontline hospital staff whose youngsters are hastily house day-after-day and who don’t have childcare. To us, they’re heroes. The least we will do is be sure that their youngsters are taken care of whereas they’re on the entrance strains offering medical care.”

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