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Dalio Foundation Donates $500,000 to Connecticut Food Bank to Support Pandemic Response Needs

Ray and Barbara Dalio and Dalio Philanthropies have given $500,000 to Connecticut Food Bank as part of a $4 million donation to support medical care and food assistance to people in Connecticut affected by the COVID-19 pandemic.

The funds will support Connecticut Food Bank and its network by providing significant funding during a time of increased challenges facing the food bank in sourcing and transporting food to meet rising need across the region.

Connecticut Food Bank serves two-thirds of the state, providing food assistance through a network of 600 partners and programs. More than 144,000 people each month visit the Connecticut Food Bank network seeking food. The food bank expects the number of food insecure individuals to grow significantly as a result of measures taken to reduce spread of Coronavirus.

“We have seen an increase in requests for food from our agencies,” said Connecticut Food Bank Senior Director of Development Beverly Catchpole. “Pantries are trying to give their visitors enough food to help them if they’re required to stay at home for extended periods. And they are also starting to see more visitors as businesses across the state are forced to furlough or lay off workers.”

Catchpole said that the food bank is experiencing increased operational costs to meet needs. “Our trucks are making more trips to pick up and distribute food. We have fewer volunteers that help reduce time and expense in our warehouse. But we know that we are an essential service for people who are struggling.”

“This pacesetting gift from Ray and Barbara Dalio is an expression of support for and an investment in the people of Connecticut that will help now, when it is so very needed.”

“Connecticut Food Bank is doing amazing work on the ground to make sure Connecticut families in need have food during this crisis,” said Barbara Dalio. “We hope others join in support of this important cause.”

For more information about Dalio Philanthropies, visit www.daliophilanthropies.org.

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