The William, Jeff and Jennifer Gross Family Foundation Donates $1.5 Million to Support Southern California Coronavirus Relief Efforts

LAGUNA BEACH, Calif., March 24, 2020 /PRNewswire/ -- The William, Jeff and Jennifer Gross Family Foundation, the charity founded by retired financial asset manager Bill Gross and his son and daughter, announced today that it donated a total of $1.5 million to charities and organizations providing relief from the effects of coronavirus and its impact on Southern California communities.

The Gross Family Foundation's donations include $250,000 each to the OC Food Bank and the Second Harvest Food Bank of Orange County to assist in relief efforts of individuals and families facing hardships due to economic effects of the virus. Additional donations include $200,000 each to the National Domestic Workers Alliance (NDWA) Coronavirus Care Fund, World Central Kitchen, The Recording Academy's MusiCares, the United Way of Greater Los Angeles, and the Restaurant Workers' Community Foundation.

"Jennifer, Jeff and I are honored to support the heroic work being performed by these organizations and the volunteers who are tirelessly working to provide relief to the people who need it most during this unprecedented crisis," said Bill Gross, the co-founder of the Newport Beach-based PIMCO fixed income asset manager and a long-time resident of Orange County. "Those with means are obligated to provide assistance to their communities to help alleviate the impact of the crisis and support the basic needs of families and individuals."

The OC Food Bank, a program of Community Action Partnership of Orange County based in Garden Grove, CA, aims to make a positive impact in people's lives by helping them meet basic needs and strengthen their support system, working with nearly 400 local charities, soup kitchens, and community organizations to end hunger and malnutrition. Second Harvest Food Bank of Irvine works through a network of more than 300 non-profit partner agencies and programs to provide wholesome food and fresh produce to more than 250,000 hungry children, seniors and families in Orange County every month.

The NDWA's Coronavirus Care Fund provides emergency assistance for qualifying home care workers, nannies and house cleaners who are experiencing financial hardship due to the coronavirus pandemic. The World Central Kitchen, founded by chef José Andrés, provides meal preparation and distribution to US food-insecure households affected by the coronavirus crisis. The Recording Academy and its affiliated charitable foundation MusiCares have established the COVID-19 Relief Fund to help its peers in the music community affected by the Coronavirus pandemic.

United Way of Greater Los Angeles has announced the creation of the Pandemic Relief Fund to support L.A. County's unsheltered residents who are especially vulnerable to the coronavirus, and low-income individuals, students, and families at imminent risk of homelessness and hardships due to health and economic impacts of coronavirus. And the Restaurant Workers' Community Foundation, an advocacy and action nonprofit founded by and for restaurant workers, set up its Restaurant Workers COVID19 Crisis Relief Fund to provide direct crisis relief assistance to workers, assist other nonprofits serving restaurant workers, and to grant zero-interest loans to get restaurants back up and running.

These contributions support Bill, Jeff and Jennifer Gross's longstanding commitment to provide financial resources to organizations that provide a direct benefit to the communities in which they serve. The William, Jeff and Jennifer Gross Family Foundation has donated $41 million to 73 non-profit organizations since 2018.

SOURCE The William, Jeff and Jennifer Gross Family Foundation