Guaranteed Rate, one of the largest retail lenders in the nation, announces that it has donated $3.4 million to Feeding America, which will help to provide 34 million meals across their nationwide network of food banks.
“I am so proud of the generosity and drive our employees demonstrated in order to make this donation possible,” said Guaranteed Rate Founder and CEO Victor Ciardelli. “During this time of adversity, we rallied together as a team and as an organization to help people in need and make a positive change. My heart is full.”
In just a few days, Guaranteed Rate Companies’ employees helped contribute over $1 million to help provide meals for individuals and families across the country. With a two-for-one dollar company match, Guaranteed Rate donated a total of $3,424,110 to Feeding America, the largest domestic hunger-relief organization in the United States.
“We are deeply grateful to Guaranteed Rate and its employees for their generous support of our COVID-19 relief efforts,” said Feeding America CEO Claire Babineaux-Fontenot. “Their gift will help provide food and other essentials to our neighbors facing hardships during this challenging time.”
According to the United States Department of Agriculture, 1 in 9 people struggle with hunger in the United States. As the virus continues, Feeding America is seeing a spike in need and a decrease in volunteers, making fundraisers to support their mission and local food banks more important than ever.
This initiative is emblematic of Guaranteed Rate’s Core Values and “Grow for Good” metric, which measures the company’s impact on its customers, referral partners, GR family and the communities it serves.