Caterpillar Foundation commits $8.5m to support Covid-19 fight

Caterpillar Foundation, the philanthropic arm of NYSE-listed Caterpillar, on Monday announced an $8.5-million commitment to support global communities, including underserved populations, who are affected by the fast-spreading coronavirus.

The foundation’s investment will support nonprofit organisations, which are working to help prevent, detect and respond to the pandemic, providing resources to hospitals, medical staff and patients, addressing food insecurity and enabling online STEM and coding education for youth impacted by school closures.