In response to the economic and community challenges brought on by the COVID-19 pandemic, CyrusOne (NASDAQ: CONE), a global data center real estate investment trust (REIT), on behalf of all its employees, is donating $250,000 in addition to personal donations from CyrusOne’s leadership team, and a $50,000 personal donation from CyrusOne’s President and CEO, Tesh Durvasula.
CyrusOne donates its $250,000 to Feeding America, Member Food Bank, the North Texas Foodbank, as well as charities in Europe. The donations would help fund millions of meals for people in need.
The COVID-19 pandemic has resulted in an increased demand for local food banks. School closures, rising unemployment, and rising poverty due to quarantine and stay-at-home orders will disproportionately impact people already at risk of hunger and could result in an estimated additional 17.1 million people experiencing food insecurity, according to CyrusOne. More than 37 million people, 11 million of whom are children, face hunger in the United States, stated USDA.
“In this unprecedented moment, we all need to come together across the world to help people in need,” said Tesh Durvasula, CEO and President of CyrusOne. “Our donation, on behalf of all CyrusOne team members, helps provide food and resources at a time of intense hardship. I am so proud of how passionately our CyrusOne family in the United States and Europe have responded to help our local communities in Texas and around the world.”
About Feeding America
Feeding America is one of the largest hunger-relief organizations in the United States. Through a network of 200 food banks and 60,000 food pantries and meal programs, they provide meals to more than 40 million people each year. Feeding America also supports programs that prevent food waste and improve food security among the people they serve. It educates the public about the problem of hunger and advocates for legislation that protects people from going hungry.
“Feeding America is thankful to CyrusOne for its commitment to helping our neighbors who may not know where they will find their next meal,” said Lauren Biedron, Vice President of Corporate Partnerships at Feeding America. “Their generous donation will help people hardest hit by this pandemic.”
To learn more about Feeding America, visit: https://www.feedingamerica.org/
CyrusOne operates nearly 50 data centers worldwide. These facilities are built/developed to ensure the continued operation of IT infrastructure for approximately 1,000 customers, including more than 200 Fortune 1000 companies.
