Yieldstreet To Aid City Harvest’s Commitment To Ending Food Insecurity in New York
Yieldstreet, a prominent New York-based fintech platform, announced that it is partnering with City Harvest to provide meals to communities that have been increasingly impacted by food insecurity. City Harvest is New York City’s largest food rescue organization, helping to feed those who are struggling to put meals on their tables.
“We are grateful to Yieldstreet for their support during this critical time when so many New Yorkers are turning to City Harvest for help feeding themselves and their families amidst the ongoing COVID-19 pandemic”
By joining forces with City Harvest, Yieldstreet aims to help rescue over 27,000 pounds of food that would have otherwise gone to waste. Starting November 1st, 2021, Yieldstreet is committing to rescue six pounds of food for every investment on the platform––the partnership will run until December 31st, 2021.
“City Harvest has been fighting hunger for over three decades, and Yieldstreet is thrilled to join this battle,” said Milind Mehere, Founder and CEO of Yieldstreet. “I remember first coming to this country and being shocked by how many people were suffering from food insecurity, unsure of where they would find their next meal. New York State was the first place I called home in this country, and partnering with City Harvest to help those in the state’s most populated city is of great pride to me.”
Today, over 1.5 million New Yorkers experience food insecurity for themselves and their families, significantly increasing from pre-pandemic figures. City Harvest brings fresh and healthy food to communities across the five boroughs, free of charge. To date, the program has rescued and delivered over 950 million pounds of food.
“We are grateful to Yieldstreet for their support during this critical time when so many New Yorkers are turning to City Harvest for help feeding themselves and their families amidst the ongoing COVID-19 pandemic,” said Tessa Lechleider, Business Partnerships Assistant at City Harvest. “To help meet the growing need, City Harvest trucks are out on the road every day rescuing food for our neighbors in need—something that is only possible thanks to partners like Yieldstreet.”
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Yieldstreet’s collaboration with City Harvest follows on the heels of a philanthropic partnership with NY-based organization, the Giants Foundation. For every field goal scored by the New York Giants, Yieldstreet will donate to the Giants Foundation, the charitable arm of the team that is dedicated to improving the region’s overall health and empowering the community’s youth.
“I take a tremendous amount of pride in participating in something that has the potential to impact so many lives in this great city. As a NYC-based company and New York native myself, we believe that it is important to contribute to the city we call home,” said Michael Weisz, Founder, and President of Yieldstreet. “Since its inception, the Yieldstreet Foundation has made over $900,000 in contributions to a variety of charitable endeavors. I’m proud to say that giving back remains a core principle of ours from the beginning.”
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