TSN Tyson Foods Inc. Class A

In a Year of Unprecedented Need, Tyson Foods Donates Record Amount of Protein

In a Year of Unprecedented Need, Tyson Foods Donates Record Amount of Protein

Equivalent of 120 Million Donated Meals During Previous 12 Months Most in Company History

SPRINGDALE, Ark., Sept. 28, 2020 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) has donated more food over the past year than ever in its 85-year history, the company reported today. More than 30 million pounds, or the equivalent of 120 million meals, were donated by the company during the last 12 months to fight hunger.

The food donations were part of more than $75 million the company invested to fulfil its commitment to address hunger insecurity, support its team members and improve the quality of life in the communities where it operates.

The company’s COVID-19 Rapid Response Fund distributed grants and food donations to nonprofit organizations working to help people in plant communities across the U.S. The company has also provided $6 million in financial assistance through its Helping Hands program directly to team members in need during the pandemic.

“Our company is proud to play a critical role in feeding the nation during this challenging time, and we recognize the importance of supporting our team members, their families and our plant communities,” said John R. Tyson, chief sustainability officer, Tyson Foods. “We’ve focused resources where we can generate the most impact and support organizations doing heroic work at the local level.”

The company provided nearly 20 million meals to Feed the Children, a leading nonprofit focused on alleviating childhood hunger, and its network of hundreds of community partners across the U.S. Feed the Children and Tyson Foods have partnered for 18 years to provide protein to families, food banks, churches and community pantries.

“At Feed the Children, we work hard every day to ensure that as needs rise, children and their families continue to receive critical food and other resources,” said Bob Thomas, Chief Corporate and External Relations Officer, Feed the Children. “We understand that 2020 has been a difficult year for many families and we are thankful to our partners at Tyson Foods for their generous gifts. High-quality protein is so important for growing children and families and this has allowed us to provide nutritious food to millions across the country.”

This year, the partnership between Tyson Foods and Feed the Children served families in hundreds of communities ensuring that those who have not previously had to worry about their livelihoods before COVID-19 still had access to nutritious food. The organizations also partnered to provide much-needed food and disaster relief following Hurricane Laura.

HUNGER RELIEF - $65 MILLION

The company has donated more than 30 million pounds of protein, valued at more than $65 million this year, and expanded hunger relief efforts to include product donations to the Tyson Community Pantry Program for local solutions to hunger.

A grant to in Sedalia, Missouri, helped feed a community where 1 in 5 children go to bed hungry. Product donations from the local Tyson plant have also made an impact.

“Between our soup kitchen and food pantry, we distribute an average of nearly 114,000 pounds of food per month,” said Jennifer Taylor, Director of Development, Open Door Service Center. “Storage and management of this quantity would not be possible without Tyson’s grant, nor would we have the large quantity like this without Tyson’s donations.”

, summer feeding programs, mobile pantries and backpack programs were also supported in Tyson communities.

More than 40 million meals went directly to team members working hard to feed the country.

COMMUNITY GRANTS AND INVESTMENTS - $3.8 MILLION

181 rapid response grants were awarded for emergency support of nonprofit organizations near Tyson plant locations to help Tyson team members and the local community. The grants averaged $5,500 and were given in more than 120 plant communities. They focused on nonprofit partners providing emergency response efforts such as rent and utility assistance, hunger relief, health care, childcare, small business support and other economic recovery services.

Two grants were awarded to , Iowa, to address hunger relief and youth support services.

“The support from Tyson Foods included 218,000 pounds of protein donated since November of 2019 and 165,000 pounds since March 2020,” said Shelly Rock, executive director & youth advocate, The Bridge of Storm Lake. “Our youth programs have been able to adapt in new and creative ways through the pandemic with the help of the sustainability grant. Over 90% of the youth we work with have a family connection to Tyson. We are grateful to be able to partner with Tyson to connect, support and empower youth (and their families) in the community of Storm Lake, Iowa."

The company partnered with to give $1.8 million in grants to teachers in 60 of our plant communities. 1,916 projects were funded to assist 205,361 students in subjects like literacy, language, and STEM. Many of the projects funded were for distance learning materials.

More than a half-million dollars were provided to local services for immigrant team members from the company’s at-large grant program. Immigrant Connections was voted by Tyson team members as the fifth $1,000,000 recipient

TEAM MEMBER SUPPORT - $6 MILLION

Because our team members are Tyson’s most valuable asset, more than $6 million to date has been provided through the company’s Helping Hands program, which offers financial assistance directly to team members following a disaster or personal hardship. The COVID-19 global pandemic was no exception.

More than 4,000 team members received assistance of up to $1,500 to help pay rent, utilities, childcare or other emergency needs.

TEAM MEMBER GIVING - $700k

Funds were allocated to the company’s Giving Together program to amplify the impact of giving from team members and encourage the support of a wide variety of non-profit organizations impacted by the pandemic. From March 1 to September 1, the company matched nearly $400,000 in team member donations, up from $100,000 during the same period last year.

UPWARD ACADEMY

Tyson’s on-site education program for frontline team members offers free classes in ESL, high school equivalency, U.S. citizenship and financial and digital literacy. The program successfully adapted to challenges this year by providing instruction in alternative settings. Instructors sent printed materials home, helped students access curriculum on their phones and provided Microsoft SurfaceGo tablets as part of a pilot program so students could continue learning remotely.

50 digital learning labs have been deployed and are ready for use when students return to classroom learning. Additions to available curriculum include new training videos and video curriculum for financial literacy.

The Upward Academy interpreting team supported human resources communication efforts by translating important information and offering in-language support for team members. Many of our frontline team members are new immigrants to the U.S. and come from dozens of different countries: up to 50 different countries may be represented within a single plant. We recognize how critical each of them is to the work we do, and how they are at the heart of the achievements we share as a company.

About Tyson Foods

Tyson Foods, Inc. is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under three generations of family leadership, the company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State Fair®.

Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the company has 141,000 team members. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities and team members and serve as a steward of the animals, land and environment entrusted to it. Visit .

Contact:

Derek Burleson – 479-290-6466 or

 

EN
28/09/2020

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