VALERO COMMITS $100,000 TO AREA COVID-19 FIGHT
Funding to Provide Support for Community Response Efforts
LOS ANGELES, March 31, 2020 — Valero Energy Corporation (NYSE: VLO, “Valero”) and the Valero Energy Foundation are committing $100,000 to support local organizations on the front lines of responding to the COVID-19 pandemic.
The support is part of an overall $1.8 million commitment to help people most in need primarily in cities where the company operates. In addition, Valero is providing gas cards to selected charitable organizations to provide access to essential fuels and products for their operations.
“The health and the safety of our employees, our families and our communities are critically important,” said Joe Gorder, Valero Chairman and Chief Executive Officer. “We are blessed to be able to continue supporting our community partners as we all work together to overcome this extraordinary situation.”
Some of the local organizations receiving funding include:
- Boys and Girls Clubs of Los Angeles Harbor – to help with provide meals
- Center for the Pacific-Asian Family Inc. – to help with job loss and essentials
- Food Finders Inc. – to help increase the capacity of its food bank due to higher demand
- Long Beach Rescue Mission – to assist with increased food demand at the mission
- SouthBay Center for Counseling – to help with job loss and essentials
- Toberman Neighborhood Center – to help increase its food bank capacity due to higher demand
- United Way of Greater LA Inc. – to assist those with job loss and homelessness
- Wilmington Community Clinic – to assist with increase in health checks
- A Needy Wilmington – to assist with food and baby essentials
- Gulf Elementary School PTO – to provide relief for volunteers serving meals
- Boys and Girls Clubs of Long Beach – to provide child care of health care workers
- Wilmington Senior Center Meals on Wheels – for fuel cards to deliver meals to senior citizens
“Valero along with the Valero Energy Foundation want to make sure local organizations on the front lines have the resources they need to be able to continue to provide vital services, as we have seen an increase in demand of essentials,” said Mark Phair, Vice President and General Manager, Valero Wilmington Refinery. “We appreciate these organizations and others for continuing to take care of our community.”
The gifts provided to the organizations may include monetary contributions and Valero fuel cards.
Valero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.2 million barrels per day and 14 ethanol plants with a combined production capacity of 1.73 billion gallons per year. The petroleum refineries are located in the United States, Canada and the United Kingdom, and the ethanol plants are located in the Mid-Continent region of the U.S. Valero also is a joint venture partner in Diamond Green Diesel, which operates a renewable diesel plant in Norco, Louisiana. Diamond Green Diesel is North America’s largest biomass-based diesel plant. Valero sells its products in the wholesale rack or bulk markets in the U.S., Canada, the U.K., Ireland and Latin America. Approximately 7,000 outlets carry Valero’s brand names. Please visit www.valero.com for more information.
About Valero Energy Foundation
Valero Energy Corporation, through its subsidiaries, and the Valero Energy Foundation are committed to improving the quality of life in communities where Valero has major operations. For a sixth consecutive time, Valero was named to The Civic 50 list by Points of Light as one of America’s most community-minded companies – the top energy company on the list. Annually, Valero, its employees and the foundation collectively generate more than $64 million in charitable support through direct/in-kind donations, fundraising and volunteerism. The foundation provides funding to a variety of nonprofit agencies for programs and services supporting education, basic human needs, health care and civic projects. Through the overwhelming support of sponsors, the foundation’s signature programs, the Valero Texas Open and Benefit for Children, generated more than $15 million in net proceeds in 2019 for charities across the United States.