The Cigna Foundation and the New York Life Foundation have started a new fund, the Brave of Heart Fund, that will support the survivors of men and women who die fighting the COVID-19 pandemic.
The fund will provide monetary grants for the families of doctors, nurses, technicians, orderlies, cafeteria workers, custodians, volunteers, and others who lose their lives while working to protect others against severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), the virus that causes COVID-19 pneumonia, heart problems and kidney problems.
The Cigna Foundation and the New York Life Foundation are each making $25 million in startup contributions.
The New York Life Foundation has agreed to match the first $25 million in individual contributions received, the foundations say.
Cigna and New York Life says they the fund will raise at least $100 million.
The companies’ foundations have picked E4E Relief, a provider of charitable employee relief funds, to administer the fund.
The fund will begin accepting applications in May.