Blackstone Announces $15 Million Donation to Help New York State; $10 Million to New York State COVID-19 First Responders Fund & $5 Million in Grants to New York City Relief Efforts
Blackstone Inc. (BX)
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Blackstone today announced an anchor $10 million contribution to the New York State COVID-19 First Responders Fund and an additional $5 million in contributions to organizations orchestrating food delivery to healthcare workers and first responders as well as others supporting vulnerable populations in New York City.The New York State COVID-19 First Responders Fund was established by Governor Cuomo to procure and distribute scarce supplies and resources to healthcare institutions that are most in need, providing personal protective equipment, laboratory testing materials, ventilators, hospital beds and other critical supplies. These funds will also support food, transportation and housing assistance for healthcare staff.Stephen A. Schwarzman, Chairman, CEO & Co-Founder of Blackstone, said: “We are proud to support Governor Cuomo and those on the front lines of this pandemic. We thank them for their tireless efforts on behalf of all New Yorkers.”Amy Sturs
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