The PIMCO Foundation Holds Ninth Annual Global

NEWPORT BEACH, Calif., Aug. 02, 2017 (GLOBE NEWSWIRE) -- The PIMCO Foundation, PIMCO’s philanthropic arm, held its ninth annual Global Week of Volunteering last week, with 942 PIMCO employees participating in more than 100 diverse, community-based projects around the world. The effort is part of the year-round global volunteer program spearheaded by the PIMCO Foundation, established in 2000 to support nonprofit organizations. 

The annual Global Week of Volunteering aims to bring together employees, their families and friends to deliver a dedicated series of programs to communities near to PIMCO offices around the globe. 

“Our annual Global Week of Volunteering is an intensive week of service,” said Emmanuel Roman, PIMCO’s Chief Executive Officer and President of the PIMCO Foundation. “During this week, hundreds of PIMCO employees enthusiastically donate their time to make a difference and create real social value. Global Week really unites us as a firm.”

  Global Week of Volunteering activities included :

• London  – serving breakfast at the West London Day Centre and lunch at the Brixton Soup Kitchen; delivering a project management workshop to staff from a number of Westminster-based charities
• Munich  – renovating a playground for children (Abenteuer-Spiel-Platz Neuhausen)
• Newport Beach – conducting a career workshop for veterans with Goodwill OC’s Tierney Center; preparing apartments for new moms at The Teen Leadership Foundation; mulching trails at the Environmental Nature Center  
• Hong Kong – accompanying students to a book fair and reading to them over lunch
• New York  – designing mobile apps with students from Sheltering Arms; preventing food waste in partnership with Rescuing Leftover Cuisine; facilitating a resume review workshop with youths from Covenant House
• Rio – sorting and organizing donated clothes at Creche Communitária Anjinho Feliz
• Singapore – taking children from Darul Ihsan Orphanage on a dragon boat outing
• Sydney  – working with Landcare and BushLink in the northern beaches of Dee Why to weed and regenerate bushes
• Tokyo  – preparing dinner for children who participate in the Kids Future Project
• Toronto  – repairing and painting donated furniture at Furniture Bank

For more information about the PIMCO Foundation, visit our website at www.pimco.com/pimcofoundation or follow us on Twitter, Facebook and Instagram @pimcofoundation.

About the PIMCO Foundation The PIMCO Foundation is the philanthropic arm of PIMCO, based in Newport Beach, California, which helps people around the world to reach their full potential. It carries out its mission by identifying areas of community need and volunteering time and financial resources to support high impact projects and programs. The Foundation’s website can be accessed directly at www.pimco.com/pimcofoundation ; the Foundation can be found on Twitter, Facebook and Instagram at @PIMCOFoundation.

About PIMCO PIMCO is a leading global investment management firm, with offices in 11 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

Contact: Laura Batty PIMCO – Media Relations 949-720-6374