New Disaster Preparedness Fund Launched with $500,000 Grant from The Allstate Foundation to Strengthen Communities Against Future Disasters
Summary
It shows the economic benefits of investing in resilience are clear; every dollar invested in resilience and preparedness could save $13 in economic impact and damage costs after a disaster," said Kate Nack, Allstates vice president of The Allstate Foundation and social impact. It provides expert advice and educational resources, supports diverse coalitions and manages domestic and international disaster funds on behalf of corporations, foundations and individuals through targeted, holistic and localized grantmaking. Established in 1952, we take a trust-based approach to philanthropy that centers the needs of the nonprofit and the stakeholders they serve. Through bold actions and inspiring people to act, we empower youth to serve, disrupt the cycle and of relationship abuse and increase access to thriving-wage careers. We also amplify employee and agent volunteerism through our Helping Hands match and grant programs, support communities before and after disasters and develop nonprofit leaders and board members through the Nonprofit Leadership Center.