SAIC Establishes Charitable Foundation to Assist Employees in Need During COVID-19 Pandemic and Beyond

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[{"type":"text","content":"\nNew organization will offer relief grants to provide a safety net for SAIC employees facing disaster-related emergencies \n\n RESTON, Va.--(BUSINESS WIRE)--\nScience Applications International Corp. (NYSE: SAIC) today announced the establishment of the SAIC Charitable Foundation, an IRS §501(c)(3) organization to assist employees and their dependents by providing emergency funds to assist them when financial hardships arise.\n\nThe foundation will accept donations from SAIC, its board of directors, shareholders, employees, retirees, the public, and other company stakeholders worldwide, in order to provide a safety net for SAIC employees. Its immediate focus will be to ensure employees and their families are able to weather complications related to the COVID-19 pandemic or other disaster-related emergencies.\n\n“The SAIC Charitable Foundation represents the next step in our company’s ongoing actions to provide for our colleagues during this unprecedented and challenging time,” said Amy Rall, senior vice president of SAIC’s Homeland and Justice Business Unit and president of the SAIC Charitable Foundation. “We are committed to our employees, which include a focus on their health and safety so that we can continue to effectively serve our government customers and our nation.”\n\nSince the onset of the COVID-19 pandemic, SAIC and its employees have supported local food banks, donated paid leave hours, and created and provided personal protective equipment to first responders. This is all in addition to its support for a diverse array of charities and philanthropic organizations serving missions that are core to SAIC’s culture of giving, including Feeding America, Share Our Strength/No Kid Hungry, the Leukemia and Lymphoma Society, and Building Homes for Heroes.\n\nSAIC also aligned with the Commonwealth of Virginia as a founding partner on the Virginia Ready Initiative (VA Ready), a newly established nonprofit organization formed in response to the economic hardships created by COVID-19, to help ambitious, out-of-work Virginians gain new skills for in-demand jobs in high-growth sectors. With a focus on minority communities disproportionately impacted by COVID-19, VA Ready is committed to retraining and equipping through various cohort programs in 23 community colleges starting in August.\n\n“I could not be more proud of SAIC’s emp...

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