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Thursday, Sep 29, 2022
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Gross Calls on Wealthy To Lead Coronavirus Relief

The William, Jeff and Jennifer Gross Family Foundation, the charity founded by retired financial asset manager Bill Gross and his son and daughter, have given $1.5 million to charities and organizations providing relief from the effects of coronavirus on Southern California communities.

“Those with means are obligated to provide assistance to their communities to help alleviate the impact of the crisis and support the basic needs of families and individuals,” said Bill Gross, co-founder of Newport Beach-based bond giant Pimco.

The Gross Family Foundation’s donations include $250,000 each to OC Food Bank and Second Harvest Food Bank of Orange County to help individuals and families facing hardships due to economic effects of the crisis.

Additional donations include $200,000 each to the National Domestic Workers Alliance (NDWA) Coronavirus Care Fund, World Central Kitchen, The Recording Academy’s MusiCares, the United Way of Greater Los Angeles, and the Restaurant Workers’ Community Foundation.

“Jennifer, Jeff and I are honored to support the heroic work being performed by these organizations and the volunteers who are tirelessly working to provide relief to the people who need it most during this unprecedented crisis,” Gross said.

The foundation said it has donated $41 million to 73 nonprofit organizations since 2018.

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Mark Mueller
Mark Mueller
Mark is the Editor-in-Chief of the Orange County Business Journal, one of the premier regional business newspapers in the country. He’s the fifth person to hold the editor’s position in the paper’s long history. He oversees a staff of about 15 people. The OCBJ is considered a must-read for area business executives. The print edition of the paper is the primary source of local news for most of the Business Journal’s subscribers, which includes most of OC’s major corporate and community players. Mark’s been with the paper since 2005, and long served as the real estate reporter for the paper, breaking hundreds of commercial and residential real estate stories. He took on the editor’s position in 2018.
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