ICG donates £250,000 to charities supporting COVID-19 relief efforts

Intermediate Capital Group (ICG) is donating £250,000 to two charities working to alleviate the impact of the COVID-19 virus.

The donation will be split equally between the COVID-19 Solidarity Response Fund for the World Health Organisation (WHO) and City Harvest.

The COVID-19 Solidarity Response Fund, powered by the United Nations Foundation and Swiss Philanthropy Foundation, is a global initiative to fund the WHO’s work across all countries to prepare for cases, and to respond if cases appear and to track and understand the spread of the virus. The funds donated by ICG will help ensure patients get the care they need and frontline workers get essential supplies and information; and will accelerate efforts to develop vaccines, tests, and treatments.

City Harvest is a London-based charity which puts surplus food to good use in a sustainable way. It collects nutritious surplus food from all segments of London’s food industry and redistributes it to serve thousands of healthy meals each week to vulnerable people. The charity will use the £125,000 that ICG is donating primarily to extend its distribution methods to meet the significant increase in demand for food aid as a result of COVID-19.

Benoit Durteste, Chief Executive Officer at ICG, said:

COVID-19 presents all of us – our families, friends and colleagues around the world – with an unprecedented set of challenges. It is critical for all of us to play our part and we hope our donation will help those on the frontline mitigate the impact of this terrible virus.