EL SEGUNDO, Calif., April 21, 2020 (GLOBE NEWSWIRE) -- The Aerojet Rocketdyne Foundation has launched a campaign to provide up to $750,000 to support COVID-19 relief efforts in communities where Aerojet Rocketdyne facilities are located. The campaign includes direct funding from the foundation and an employee donation matching program.
“We have strong ties to our local communities and I am proud that our Foundation is here to support them during this time of need,” said Aerojet Rocketdyne CEO and President Eileen Drake.
The Aerojet Rocketdyne Foundation is donating $250,000 to COVID-19 relief efforts in communities across the nation where Aerojet Rocketdyne employees live and work. These donations are being provided to the following community support organizations:
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In addition to the direct grants, the Aerojet Rocketdyne Foundation will match dollar-for-dollar, up to $250,000 in employee donations, to a nonprofit of their choice that is supporting COVID-19 relief efforts. This funding could provide up to another $500,000 in support to COVID-19 relief efforts in our communities.
About the Aerojet Rocketdyne Foundation
The Aerojet Rocketdyne Foundation, the individual philanthropic arm of Aerojet Rocketdyne Holdings, Inc., was established in 1999 to provide charitable resources in the communities where the company does business and where its employees live, work and volunteer.
About Aerojet Rocketdyne
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a world-recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers. For more information, visit www.Rocket.com and www.AerojetRocketdyne.com. Follow Aerojet Rocketdyne and CEO Eileen Drake on Twitter at @AerojetRdyne and @DrakeEileen.