Philabundance creates endowment with part of $1M gift from Giant Food Stores

Giant Food Stores marked its 95th anniversary with the donation.

Mark Abrams
October 08, 2018 - 8:20 am
Giant Food Store in Lebanon County, Pa.

Andrew Kulp

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PHILADELPHIA (KYW Newsradio) — Giant Food Stores, a large food retailer with operations throughout the Delaware Valley, is marking its 95th anniversary with a $1 million donation to Philabundance, the area's largest hunger relief organization.

With the donor's blessing, the group will take steps to make that donation last for years to come.

To extend the impact of Giant's contribution, Glenn Bergman, executive director of Philabundance, says the organization is putting more than $800,000 from the gift into an endowment.

"So instead of using it up, we want to add to this in the future other money for endowment for children's meals so that we can make meals at our job training program. So we're going to be doing it with CHOP. We're already doing it now with the schools that already started with something like 12 schools we're already in with additional food."

The retailer has had a long-term partnership with Philabundance and other food banks through donations of unsold food from its area stores.

Bergman says 30 percent of the people Philabundance serves are children. He says the organization gets food to youngsters through the Philadelphia schools and is about to enter into a food-distribution partnership with Children's Hospital of Philadelphia.