Nike announces coronavirus donation for NYC health care workers
$500,000 donation will go toward food assistance and PPE funding for health care workers on front lines
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Nike is jumping into the race to help New York's health care workers combat the coronavirus.
The sportswear company said in a press release Wednesday it will donate $500,000 to help New York City provide support to health care workers on the front lines of the pandemic, including food assistance and funding for personal protective equipment (PPE). The funding will go to the Food Bank for New York City and the COVID-19 Emergency Relief Fund.
"New York City is the epicenter of the pandemic and home to many of our employees, partners and communities," a spokesperson for Nike said in a statement to FOX Business. "We’re doing our part to help support this vibrant city during its time of greatest need."
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Penny Pierce looks at the nasal swab before getting tested for COVID-19 in the Harlem section of New York, Monday, April 20, 2020. (AP Photo/Seth Wenig)
Earlier this month, Nike committed $1.6 million to support cities around the globe affected by the pandemic, including $100,000 for New York City. To date, Nike has given New York City $600,000 toward coronavirus response efforts.
The company is also donating 250,000 three-ply, disposable face masks to New York state.
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New York is not the only recipient of Nike's support efforts.
(Nike)
The company says it has shipped roughly 130,000 units of full-face shields and PAPR lenses to more than 20 hospitals in Massachusetts, Missouri, Ohio, Oregon and Tennessee.
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According to the release, Nike has donated more than $17.5 million to its global COVID-19 response efforts.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NKE | NIKE INC. | 75.10 | +1.74 | +2.37% |
Nike stock closed at $88.77 per share during Wednesday's trading session, up more than 4 percent.
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There are more than 842,000 confirmed coronavirus cases and more than 46,000 deaths in the United States, according to the latest update by Johns Hopkins University.