Mayor's Fund receives donation of over $5 million to help Angelenos in need
LOS ANGELES - The Mayor’s Fund of Los Angeles has received a major donation that will help Angelenos during the coronavirus crisis.
Mayor Eric Garcetti announced the state of Qatar has donated $5 million to the Mayor's Fund of Los Angeles. Two Taiwanese American business entrepreneurs in Los Angeles also donated $1 million to the Mayor’s Fund.
RELATED: Angeleno Cards to be distributed to thousands in LA facing financial burdens due to COVID-19
The money will be used to distribute thousands of Angeleno cards to residents in need.
The Angeleno Card is a prepaid debit cards that is sent to qualifying individuals in the city.
Garcetti says this is the largest donation ever received for the Mayor’s Fund.
“This generous gift will save lives,” Mayor Garcetti stated Thursday evening during his daily briefing.
The original plan was to distribute 10,000 cards but due to the major donation the city will be able to distribute 15,000 cards… the mayor says that will help approximately 45,000 individuals in need.