has announced that it has donated more than 4.2 million meals to those in need through its employee-led contributions to purchase meals for those experiencing food insecurity during the COVID-19 pandemic.
“The COVID-19 pandemic has been devastating to so many individuals and communities,” said Guaranteed Rate Founder and Chief Executive Officer Victor Ciardelli. “After seeing all the heartbreaking news stories and the stark images of empty food pantries around the country at this unprecedented time of need, we wanted to do something to help, and we wanted to do it right now.”
Guaranteed Rate employees contributed $600,000-plus to purchase food for pantries across the country, including a dollar-for-dollar match from Guaranteed Rate–surpassing its fundraising goal.
“We kicked off a food drive and set an ambitious goal of raising $500,000 in one week,” said Ciardelli. “Through the heart and generosity of our employees around the country, we blew past our goal, raising over $600,000. This contribution will provide over 4.2 million meals to food pantries and homeless shelters around the country to help those suddenly in dire need.”
The initiative arose from Guaranteed Rate’s Core Values and “Grow for Good” metric to measure the company’s impact on its customers, referral partners, GR family and the communities it serves.
Founded in 2012, the Guaranteed Rate Foundation
, a 501(c)(3) public charity, provides hope and relief directly to those in need through tailored financial support. The Foundation has granted more than $3.5 million to over 1,300 individuals, and accepts applications directly from organizations or individuals who wish to refer applicants.