Logix Federal Credit Union, FHLBank San Francisco Match Donations to Support Southern California Wildfire Relief Efforts
Logix Federal Credit Union partnered with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) to support local relief and recovery efforts in response to the devastating wildfires in Southern California.
Logix donations totaling more than $50,000 were matched with a $50,000 contribution from FHLBank San Francisco, as part of its commitment to deliver $1.4 million in matching funds to local organizations providing relief.
As a result of this partnership, Logix Community Stars, a nonprofit foundation created and run by Logix Federal Credit Union employees, donated $10,000 each to the California Fire Foundation and Hope the Mission. Donations support long-term recovery efforts in communities impacted by the wildfires.
In addition to the $20,000 distributed to nonprofit organizations, more than $100,000 in jointly donated funds will be distributed in the form of Emergency Cash Assistance. Through this program, Logix members who are suffering financial hardship as a result of the Eaton or Pacific Palisades fires are invited to apply for awards of $1,000, while funding lasts.
“Our hearts go out to all those impacted by this devastating tragedy,” said Logix President and CEO Ana Fonseca. “We are grateful for our partnership with FHLBank San Francisco and the opportunity to provide resources and financial assistance to local nonprofits and members in need.”
Hope the Mission’s leadership is steadfastly committed to ensuring the safety of its employees and those sheltered in its facilities throughout the ongoing wildfire crisis in Los Angeles. As they continue to provide shelter, services, and care to the city and county’s most vulnerable, Hope the Mission is taking immediate action to support fire victims.
“We are dedicated to providing immediate assistance to our community; when we were approached by those affected by wildfires in January, we gave each household $500 in cash assistance,” said Ken Craft, Founder and CEO at Hope the Mission. “The dollars from Logix and FHLBank San Francisco demonstrate how companies can connect and partner to make a difference.”
Logix Community Stars will continue to raise funds for emergency relief until April 30. To contribute, visit www.custars.org.
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