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Leading German Bank Helps New York City's 1.5 Million Hungry Receive Food Assistance

New York, NY, March 21, 2002 — While New York City experiences an unprecedented surge in the number of people relying on free food from the city's soup kitchens, food pantries and shelters, international businesses have stepped in to lend their support. HypoVereinsbank (HVB), one of the largest banks in Germany, presented a check for $100,000 to help Food For Survival, New York City's only food bank, to provide more food to the ever-increasing number of needy people. The donation will help procure approximately 2.5 million pounds of donated food that will be distributed through Food For Survival's network of more than 1,200 nonprofit community food programs to hungry individuals and families throughout the five boroughs.

Results from Food For Survival's recent study of hunger in the city found that even before September 11, an estimated 1.5 million people in New York City were relying on emergency food programs — including food pantries, soup kitchens and shelters — to put food on the table for their families. More than half are children and the elderly.

Following the tragedy of 9/11, HypoVereinsbank initiated a $1,000,000 fund to divide among different nonprofit agencies active in helping New York City recover from the World Trade Center tragedy. Food For Survival was selected to receive a donation of $100,000 from the fund to help provide well-balanced, nutritious meals to the growing number of hungry New Yorkers who otherwise would not get enough to eat, including families with children, the elderly, teenagers, the homeless, the homebound, low-income workers, and people with AIDS.

"Given the decline in the economy, the dramatic rise in unemployment among low-wage workers, and a tightening job market throughout the city following September 11th, we are seeing a huge number of people turning to food relief programs to put food on the table for their families," reports Lucy Cabrera, Ph.D., president and CEO at Food For Survival. "HypoVereinsbank's generous donation has helped us to meet the enormous demand on our already encumbered emergency food assistance network."

Food For Survival, a member of America's Second Harvest and the only food bank in New York City, was founded in 1983 to coordinate the procurement and distribution of food donations from manufacturers, wholesalers, retailers and government agencies to organizations providing free food to the hungry. Today, Food For Survival is the largest food bank and the largest distributor of free fresh produce in the country, providing the food for over 76 million meals served to needy New Yorkers each year. Food For Survival provides over 51 million pounds of food annually to more than 1,200 nonprofit community food programs — including soup kitchens, food pantries, shelters, low-income day care centers, Kids Cafes, and senior, youth and rehabilitative centers - throughout the five boroughs of New York City.

Editors Note: Color photos of HypoVereinsbank's donation check presentation to Food For Survival are available upon request. To receive photos, please contact Lisa Jakobsberg at 212-566-7855.

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