Companies

Verizon's $50,000 Contribution Aids Homeless Relief Efforts in Los Angeles

Published October 11, 2024

In a significant act of corporate philanthropy, Verizon Communications Inc. VZ, a prominent player in the global telecommunications arena, has announced a $50,000 donation to the Los Angeles Mission. This generous grant underlines the company's commitment to social responsibility and providing support to the local communities where its customers and employees reside.

Supporting the Unhoused Community in LA County

The donated funds by Verizon are aimed squarely at ameliorating conditions for the unhoused population within Los Angeles County. The Los Angeles Mission, a respected organization dedicated to assisting those in need, plans to allocate the donation towards a variety of services that offer relief and support to homeless individuals. These services include emergency shelter, food provision, as well as rehabilitation and job training programs - all essential in providing a sustainable path out of homelessness.

Verizon's Dedication to Social Responsibility

As a key entity in the telecommunications sector and a member of the Dow Jones Industrial Average, Verizon Communications Inc. VZ recognizes the importance of contributing to the welfare of society. Headquartered in New York City and incorporated in Delaware, Verizon maintains a strong reputation not just for service excellence, but also for its engagement in social causes. This donation is a testament to the company’s long-standing tradition of giving back to the community.

philanthropy, telecommunications, homelessness