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Foundation donates $3 million to help fight COVID-19

HONOLULU – Bank of Hawaii Foundation announces a $3 million donation to Hawai‘i Community Foundation’s (HCF) Hawai‘i Resilience Fund, which was established by HCF and the Omidyar ‘Ohana Fund to address the growing social and economic impacts of COVID-19 in Hawaii.

Through the Hawai‘i Resilience Fund, the Bank of Hawaii Foundation, along with its executives and board of directors, will contribute $1 million to each of the causes below to help:

1. Address the health and safety of our community. (For example: obtaining necessary medical equipment and protecting frontline healthcare professionals across the state);

2. Feed and nourish the community. (For example: supporting local feeding programs and statewide foodbanks);

3. Enable economic revitalization. (For example: Creating access to affordable capital for small businesses and nonprofits; and low-cost loans for ALICE families – the population in our community who are Asset Limited, Income Constrained, Employed).

“As this pandemic continues, Bank of Hawaii remains fully committed to being part of the solution in addressing the immediate as well as long-term needs of our community,” said Peter S. Ho, chairman, president and CEO of Bank of Hawaii. “We hope this donation to HCF’s Hawai‘i Resilience Fund will make a significant impact by allowing us to help our community in the broadest way possible.”
Source: The Garden Island

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