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Insights / Excella / Gift Card Bank Receives $5.6M Grant as Albertsons’ Newest National Partner

January 12, 2021

Gift Card Bank Receives $5.6M Grant as Albertsons’ Newest National Partner

1 min read

We have partnered with Gift Card Bank–a Bay Area nonprofit focused on utilizing gift cards to support those in need, to help support the well-being and financial security of those affected by Covid-19. Gift Card Bank recently announced that it would be reaching a significant milestone; through being a national partner with Albertsons Companies Foundation, the organization will receive a $5.6M grant specifically for gift cards. This supply will help provide more than two million meals for families affected most by this pandemic.

“Being granted a $5.6 million grant from Albertsons is a major achievement and testament to the dedication and quality of the Gift Card Bank team,” said Claire Walsh, Vice President of Engineering and Services, Excella. “We look forward to continuing to provide our IT technical support for this nonprofit as it expands its vision for the future of ‘Gift Card Philanthropy.’”

Learn more about Gift Card Bank below, read about our partnership here, and click here to see how Excella helps organizations transform bold ideas into elegant technology solutions.

 

About Gift Card Bank

Our mission is to improve well-being and financial security by supporting people through their time of greatest need. Gift Card Bank has created a platform to aggregate gift cards from individuals, philanthropists, grocers, and retailers. We then identify families through food banks and other fintech platforms in need and securely distribute gift cards to get essentials in the hands of those who need them most. Gift Card Bank is a fiscally-sponsored project of Social Good Fund. Learn more at www.giftcardbank.org.

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