US Foods Invests $14.5 Million to Combat Hunger and Educate
US Foods' Commitment to Community Support
US Foods Holding Corp. (NYSE: USFD), one of America's leading foodservice distributors, has proudly announced its significant contribution of nearly $14.5 million towards various community initiatives in 2024. This notable support encompasses cash donations, food products, and valuable volunteer time aimed at advancing hunger relief, culinary education, and disaster response efforts. Remarkably, this contribution is equated to around 7 million pounds of food and supplies, translating into approximately 6 million meals or over 260 truckloads of essential products.
The Voice of Leadership
In discussing this initiative, CEO Dave Flitman shared, "With communities across the country facing unprecedented challenges, US Foods is uniquely positioned to harness the power of food to empower communities with nourishment and opportunity. Our Helping Communities Make It programming strives to make a meaningful difference where we live and work." This commitment reflects the company's dedication to community engagement, and the pride Flitman feels regarding the innovative programs and the continued support from US Foods employees.
Addressing Hunger: Major Investments
As part of its expanded Helping Communities Make It programming, US Foods started the year with an increase of nearly $2 million in investments. This enhanced funding enables new collaborations and innovative hunger-relief initiatives, including:
Feeding America Partnership
The partnership with Feeding America received a boost with a generous $750,000 cash donation aimed at expanding the organization's Direct to Neighbor locker project. Since 2007, US Foods has donated an astounding $170 million in food products and supplies to assist the Feeding America network of food banks.
Support for Military Families
Recognizing the challenges faced by military families, US Foods has established a new $250,000 partnership with the Military Family Advisory Network. This initiative is targeted towards combating food insecurity that disproportionately affects more than 25% of active duty military families.
Veteran-Specific Programs
Additionally, US Foods has launched a Chicago-area signature program, contributing $250,000 to the Greater Chicago Food Depository for veteran-specific hunger relief programming. This initiative exemplifies the company's efforts to address food security in veteran communities.
Engaging Associates for Greater Impact
Beyond financial contributions, US Foods also emphasized associate involvement in community service. Activities included a weeklong “Spring into Service” program with company-sponsored community service events and a month-long “Giving Gratitude” campaign during the holiday season. The collective effort of employees led to a charitable impact valued at nearly $100,000 towards additional hunger relief initiatives.
Culinary Education Initiatives
In a sustained commitment to nurturing future culinary talent, US Foods awarded $360,000 in scholarships through its US Foods Scholars program. This initiative, nationwide for the first time, focuses on students pursuing degrees in culinary arts, baking and pastry, chef training, and business management. To date, the program has granted over $2 million in scholarships to help individuals entering the restaurant and hospitality sector.
Dedicated to Disaster Relief
US Foods has demonstrated ongoing commitment to disaster relief as well. In partnership with the American Red Cross, the company donated $250,000 to ensure readiness in mobilizing resources during emergencies. In addition, an extra $50,000 was contributed toward recovery efforts following Hurricane Helene and Hurricane Milton, further exemplifying the humanitarian role of the company.
US Foods has effectively mobilized its resources and associates to provide aid in areas affected by disasters, sending thousands of products to support local disaster relief organizations.
About US Foods
Headquartered in Rosemont, Il., US Foods is a prominent foodservice distributor with over 250,000 restaurant partnerships. With more than 70 broadline locations and around 90 cash-and-carry stores operating across the country, the practice offers over 30,000 associates a wide array of innovative food products and comprehensive solutions for e-commerce and technology. To explore more about US Foods and its engagement in corporate giving, visit their website.
Frequently Asked Questions
What initiatives does US Foods support for community engagement?
US Foods has committed significant funds towards hunger relief, culinary education, and disaster relief efforts as part of its Helping Communities Make It program.
How much did US Foods donate in total?
US Foods contributed nearly $14.5 million in cash, food donations, and volunteer time in 2024.
What specific partnerships has US Foods established?
The company has partnered with organizations such as Feeding America and the Military Family Advisory Network to address hunger and food insecurity.
What type of scholarships does US Foods provide?
Through the US Foods Scholars program, the company offers scholarships for students in culinary arts, baking, pastry, chef training, and business management.
How is US Foods involved in disaster relief?
US Foods supports disaster relief by partnering with the American Red Cross and contributing donations for recovery efforts during major disasters.
About The Author
Contact Dominic Sanders privately here. Or send an email with ATTN: Dominic Sanders as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.