Funding to Provide Support for Community Response Efforts
Valero Energy Corporation (NYSE: VLO, “Valero”) and the Valero Energy Foundation are committing $300,000 to support local organizations on the front lines of COVID-19 pandemic response.
The support is part of an overall $1.8 million commitment to help people who need it most, primarily in cities where the company operates. In addition, Valero also is providing gas cards to selected charitable organizations to provide access to essential fuels and products for their operations.”The health and the safety of our employees, our families and our communities are critically important,” said Joe Gorder, Valero Chairman and Chief Executive Officer. “We are blessed to be able to continue supporting our community partners as we all work together to overcome this extraordinary situation.”
Some of the local organizations receiving funding include:
- Second Harvest Food Bank of Greater New Orleans and Acadiana will receive $100,000 to increase food packaging and distribution efforts for all 23 parishes it serves, including St. Charles Parish and St. Bernard Parish where Valero has operations. Second Harvest also will receive $10,000 worth of fuel gas cards that will be used to distribute meals during the COVID-19 epidemic for a total of $110,000 in monetary and in-kind donations. This donation will be made on behalf of our employees who live in many of the 23 parishes.
- St. Charles Parish School System will receive $40,000 for Google Chrome books for students who are working from home. The school system also is considering a program that will provide a means for teachers to reach out to parents of students working from home.
- Matthew 25:35 Ministries’ Food Pantry in St. Charles Parish will receive $25,000 to purchase a new refrigerator, additional food for distribution and bags to package food for local residents.
- Catholic Charities in St. Charles Parish will receive $25,000 to assist with its emergency fund, which is used to help families in need during times of crisis.
- St. Charles Council on Aging will receive $20,000 to increase efforts and sustain the “Meals on Wheels” program delivering food to homebound seniors. In addition, the organization will receive $5,000 in fuel cards for its delivery vans for a total of $25,000.
- St. Bernard School District will receive $25,000 to purchase the Chrome books the district needs to assist juniors and seniors with graduation preparation.
- The Community Center of St. Bernard will receive $40,000 to fund food distribution efforts and to expand its distribution to include items such as baby food and diapers.
- Second Harvest Food Bank of Greater New Orleans and Acadiana will receive $10,000 earmarked specifically for Christopher Home Inc.’s St. Bernard Manor, which handles the distribution of food for seniors in the local community.
“Valero and the Valero Energy Foundation want to make sure organizations on the front lines have the resources they need to be able to continue to provide vital services,” said Valero St. Charles Refinery Vice President and General Manager Jerry Stumbo. “We appreciate these organizations and others for continuing to take care of our community.”
“We are honored to be able to do our part to contribute back to the community that gives us the license to operate each and every day,” said Valero Meraux Refinery Vice President and General Manager Leslie Sullivan. “The health and safety of our communities is critically important. We remain committed to delivering transportation fuels and other essential products people depend on for their businesses and their families. We will get through this together.”
About Valero
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 14 ethanol plants with a combined production capacity of 1.73 billion gallons per year. The petroleum refineries are located in the United States, Canada, and the United Kingdom, and the ethanol plants are located in the Mid-Continent region of the U.S. Valero also is a joint venture partner in Diamond Green Diesel, which operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel is North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland, and Latin America. Approximately 7,000 outlets carry Valero’s brand names. Please visit www.valero.com for more information.
About Valero Energy Foundation
Valero Energy Corporation, through its subsidiaries, and the Valero Energy Foundation are committed to improving the quality of life in communities where Valero has major operations. For a sixth consecutive time, Valero was named to The Civic 50 list by Points of Light as one of America’s most community-minded companies – the top energy company on the list. Annually, Valero, its employees, and the foundation collectively generate more than $64 million in charitable support through direct/in-kind donations, fundraising, and volunteerism. The foundation provides funding to a variety of nonprofit agencies for programs and services supporting education, basic human needs, health care, and civic projects. Through the overwhelming support of sponsors, the foundation’s signature programs, the Valero Texas Open and Benefit for Children, generated more than $15 million in net proceeds in 2019 for charities across the United States.
