04 Mar The VF Foundation Issues its First Impact Report
The VF Foundation, the VF Corporation’s philanthropic arm, published its inaugural report outlining the positive impact of its financial grants and charitable partnerships.
From April 2019 through March 2020, The VF Foundation granted more than $6 million to organizations worldwide. The grants were based on its three strategic grantmaking priorities: increasing equitable outdoor access and conservation, educating and inspiring inclusive leaders in the apparel and footwear industry, and empowering the freedom of self-expression.
“We’re proud to issue this report and share stories of the meaningful impact we’ve helped create in the communities where VF operates,” said Gloria Schoch, executive director, The VF Foundation. “Over the last year, we collaborated with our associates, brands and trusted partners to advance our shared vision of creating a more equitable and sustainable world for all. As we continue this important work, we remain committed to innovating and problem-solving with our partners to drive transformative, lasting change for the betterment of people and the planet.”
During the past year, The VF Foundation distributed more than $400,000 globally for COVID-19 relief efforts and disaster relief. Nearly 60 percent of the people supported were women, notably garment workers in Asia whom the global pandemic has negatively impacted. The disaster relief funds were also used to:
- Create opportunities for first responders in the U.S. to decompress and heal outdoors through the power of nature;
- Supply food, PPE and COVID-19 hygiene kits to garment workers in Cambodia, India and Bangladesh; and
- Rebuild public facilities, including schools, infrastructure and integrated community shelters for survivors who lost homes to flooding in Indonesia.
Since its inception, The VF Foundation has granted more than $50 million to communities where VF operates, including $20 million in the last three years. In 2018, the Foundation adopted VF’s Purpose as the guiding principle for its philanthropic program and began to deepen its work as a catalyst for change.