San Antonio Express-News
San Antonio-based USAA announced Thursday it will donate $1.1 million to support the Asian American Pacific Islander community in the midst of pandemic-related attacks.
It marks the first commitment this year by USAA to advance racial equality. Last year, the insurance and financial services company said it would donate $50 million over three years to the cause.
USAA’s employee diversity and inclusion business group will help identify Asian American Pacific Islander nonprofits to apply for philanthropic support. The company will name the nonprofit recipients, local and national, within the next few months.
Recipients will be asked to utilize grant dollars to support programs promoting equality, focusing on positively addressing the employment, educational and economic disparities that exist within communities of color and military communities, USAA said.
USAA has about 13 million members, comprised of military personnel, veterans and their families.
“At USAA, we strongly believe in caring for our military families, which includes advocating for diversity and inclusion,” Harriet Dominique, USAA’s chief diversity, inclusion and corporate responsibility officer, said in a statement.
In the last quarter of 2020, USAA said it donated $15 million to more than two dozen nonprofits. Many of the groups support Black and Hispanic students and those with internships or opportunities to improve their skills.
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