Hormel Foods Expands Efforts to Tackle Food Insecurity During Hunger Action Month

Rhea-AI Summary

Hormel Foods (NYSE: HRL) made significant contributions during Hunger Action Month in September, donating over $450,000 to combat food insecurity. Key initiatives included:

1. Partnering with Austin High School to assemble 24,000 snack packs for students and local food shelves.

2. Granting $10,000 to each of its 45 production facilities for local hunger-relief organizations.

3. Organizing a hometown celebration concert with matched donations for local food banks.

These efforts contribute to Hormel's 20 By 30 Challenge, aiming to deliver 70 million meals and create a food-secure community program by 2030. In 2023, the company donated $12.5 million in cash and products, including $10 million for hunger relief, equivalent to 9.2 million meals.

Positive

• Donated over $450,000 during Hunger Action Month
• Assembled 24,000 snack packs (9,000 pounds of food) for students and local food shelves
• Granted $10,000 to each of 45 production facilities for local hunger-relief organizations
• Contributed $12.5 million in monetary and product donations in 2023, including $10 million for hunger relief
• On track with 20 By 30 Challenge goals for meal delivery and community food security

Negative

• None.

A company dedicated to supporting food security efforts, Hormel Foods provided monetary and product donations totaling more than $450,000 to nonprofit partners in September

AUSTIN, Minn., Oct. 7, 2024 /PRNewswire/ -- In recognition of Hunger Action Month, Hormel Foods Corporation (NYSE: HRL) partnered with organizations across the United States to create a more food-secure world. Donations totaling more than $450,000 were made throughout the month of September through various programs and events. 

"As a global branded food company, we are dedicated to addressing food insecurity, and delivering on that promise is never more important than during Hunger Action Month in September," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. "This Hunger Action Month, we did just that through financial support, product donations, and by rolling up our sleeves and giving back to the communities where we live and work." 

Nourishing Champions 

Hormel Foods, United Way of Mower County and the Hometown Food Security Project partnered with the Austin High School student body to improve food security for local youth. The entire student body assembled 24,000 snack packs, totaling 9,000 pounds of food, to fuel their peers participating in after-school activities — and to fill the school's pantry — ensuring that every student has access to a nutritious snack. Additional snack packs were distributed to local food shelves and other organizations in the community. 

Community Plant Donations 

For the 14^th consecutive Hunger Action Month, Hormel Foods granted each of its production facilities $10,000 to donate to a hunger-relief organization in their community. This year's efforts reached communities and families across the United States and benefitted 45 organizations.  

Hometown Celebration Concert  

Hormel Foods honored its hometown with a musical celebration that was paired with a charitable initiative. Concert goers and community members were encouraged to support food security initiatives through optional donations. Hormel Foods matched the dollars raised and 100 percent of the funds were divided among local food banks in Mower County, helping ensure families have access to the food they need.  

"As we work to combat food insecurity, both across the globe and in our own local communities, we are steadfast in our commitment to make the world a better place," said Katie Clark, senior vice president and chief communications officer at Hormel Foods. "This has been an incredible month, and none of it would have been possible without the work of our valued team members and volunteers." 

Additionally, Hormel Foods contributed monetary donations to long-standing partners that fight food insecurity through disaster relief, equitable access and sustainable systems.  

As part of its Global Impact programming and continuous commitment to giving back, Hormel Foods contributed $12.5 million in monetary and product donations in 2023 to uplift communities, including $10 million dedicated to hunger-relief efforts, equivalent to 9.2 million individual meals*. Food security engagements throughout Hunger Action Month contribute to the company's 20 By 30 Challenge goals of delivering 70 million meals and creating a food-secure community program by 2030.      

To read more about the company's commitment to food security efforts, visit our 2023 Global Impact Report https://www.hormelfoods.com/global-impact/. 

To learn more about the Hometown Food Security Project, visit https://hometownfoodsecurity.org.  

*Using the Feeding America estimation of $1 donated = 10 meals and 1.2 pounds donated = one meal. 

About Hormel Foods — Inspired People. Inspired Food.^™ 
Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include PLANTERS^®, SKIPPY^®, SPAM^®, HORMEL^® NATURAL CHOICE^®, APPLEGATE^®, JUSTIN'S^®, WHOLLY^®, HORMEL^® BLACK LABEL^®, COLUMBUS^®, JENNIE-O^® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America's most responsible companies by Newsweek, recognized by TIME magazine as one of the World's Best Companies, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.^™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit hormelfoods.com. 

Contact:	Media Relations
	Hormel Foods
	media@hormel.com

 

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SOURCE Hormel Foods Corporation

FAQ

How much did Hormel Foods (HRL) donate during Hunger Action Month 2024?

Hormel Foods donated over $450,000 in monetary and product contributions during Hunger Action Month in September 2024.

What was the Hormel Foods (HRL) Nourishing Champions initiative in 2024?

Hormel Foods partnered with Austin High School to assemble 24,000 snack packs, totaling 9,000 pounds of food, for students in after-school activities and to fill the school's pantry.

How much did Hormel Foods (HRL) donate to each of its production facilities in 2024?

Hormel Foods granted $10,000 to each of its 45 production facilities to donate to a local hunger-relief organization in their community.

What are Hormel Foods' (HRL) 20 By 30 Challenge goals for food security?

Hormel Foods aims to deliver 70 million meals and create a food-secure community program by 2030 as part of its 20 By 30 Challenge.