Funds will support immediate relief efforts and help address long-term health and economic effects
TEANECK, N.J., April 1, 2020 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced an initial $10 million philanthropic commitment to support communities around the world in addressing the immediate and long-term impacts of COVID-19. Cognizant and its U.S. and India-based foundations will provide critical resources to strengthen public health systems, education and workforce institutions, and the economic outlook of communities worldwide.
Funds will support:
- Global response efforts, including healthcare and humanitarian relief through the World Health Organization's "COVID-19 Solidarity Response Fund" and GlobalGiving's "Coronavirus Relief Fund";
- Critical healthcare infrastructure, including resources for hospitals and frontline healthcare workers, and investments in equipment and diagnostic tools; and
- Education and workforce efforts, including research to advance online learning models in light of school closures, and funding to support education, training, and reskilling programs for vulnerable populations impacted by COVID-19.
"Cognizant and its foundations have a long history of contributing to the health and well-being of communities across the globe. We are pleased to do our part to contribute to the worldwide effort to offer relief to those impacted by COVID-19," said Brian Humphries, CEO, Cognizant. "I have never been more proud of our associates and their valiant efforts to support our clients and communities in these unprecedented times."
As part of the $10 million commitment, the Cognizant U.S. Foundation will match all Cognizant associate contributions to GlobalGiving's "Coronavirus Relief Fund" throughout April.
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About Cognizant
Cognizant (Nasdaq-100: CTSH) is one of the world's leading professional services companies, transforming clients' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 193 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.
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