The resort's long-time partner enters the exclusive program
to build its Bank Card Program through targeted funding, strategic
guidance and mentorship over three years.
LAS
VEGAS, March 4, 2025 /PRNewswire/ -- Las Vegas
Sands (NYSE: LVS) and Marina Bay
Sands today announced that The Food Bank Singapore has
joined Sands Cares Accelerator, a three-year membership program
aimed at advancing nonprofits to deliver greater community
impact.
During its time in the Sands Cares Accelerator, The Food Bank
Singapore will focus on expanding its Bank Card Program, which aims
to better serve beneficiaries by simplifying the food distribution
process. The nonprofit will receive $100,000 annually for the three years of
membership, along with structured guidance, and strategic counsel
and mentorship from Sands and Marina Bay
Sands to help achieve its Bank Card Program goals and make
it sustainable upon completion of the Sands Cares Accelerator.
"Joining the Sands Cares Accelerator will enable us to
substantially scale an effective way to serve vulnerable members of
our community while emphasizing the importance of nutrition," Dr.
Arthur Chin, executive director at
The Food Bank Singapore, said. "Marina Bay
Sands has been an invaluable longstanding partner to our
organization for nearly 10 years, and we are grateful that they
recognized our potential to improve this offering and, ultimately,
increase our impact in the community as we work toward our
overarching goal of eliminating food waste and redirecting surplus
food to nourish the community in Singapore."
At present, The Food Bank Singapore's Bank Card Program helps
beneficiaries receive food aid from more than 300 feeding partners
through smart wallets that are pre-loaded with monthly virtual
credits. The program currently requires distribution partners to
manually issue and track physical cards, which entails associated
costs for maintaining them. With support from the Sands Cares
Accelerator, the nonprofit organization plans to digitize its
processes for operational and cost efficiency, and increase its
outreach to more beneficiaries, particularly youths in tertiary
institutions.
The Food Bank Singapore is the seventh organization to join the
Sands Cares Accelerator, which Sands launched in 2017 to help
fast-track nonprofit organizations on the tipping point of making a
leap in community impact. During the three-year membership, Sands
and its resorts create longer-term relationships with nonprofits
via extended funding, structured guidance and customized support
rarely found with typical corporate-nonprofit engagements.
"With more than $1.6 million
invested, hundreds of hours in facilitation and consulting, and
five successful graduates, the Sands Cares Accelerator has become
one of our most impactful programs," Ron
Reese, senior vice president of global communications and
corporate affairs, said. "We're looking forward to seeing the
progress The Food Bank Singapore will make using these resources
and congratulate the organization on being selected as our second
Singapore member."
Since 2012, The Food Bank Singapore has worked to increase food
sustainability in Singapore by
acquiring donated food from food wholesalers and distributors,
supermarkets and retail stores, as well as from individuals through
food drives. The food is redistributed to people facing hardship
through a network of member beneficiaries comprising more than 300
feeding partners across Singapore,
including family centers, residential care homes and welfare
organizations. Through this network, The Food Bank Singapore
redistributes over two million meals to vulnerable families and
individuals annually.
Marina Bay Sands has partnered
with The Food Bank Singapore since 2016 in a variety of
engagements. The resort provides ongoing donations of unserved
banquet food from the Marina Bay Sands Expo and Convention Centre,
while Team Members regularly volunteer in the organization's
warehouse to sort food donations and take inventory.
In addition, Marina Bay Sands
held its fourth annual Sands Cares Global Food Kit Build with The
Food Bank Singapore yesterday. Approximately 300 Team Members,
retail tenants and Sands Hospitality Scholarship Program recipients
assembled 6,000 kits, which included biscuits, rice and canned
food.
"The Food Bank Singapore has been an esteemed community partner
for Marina Bay Sands for nearly a
decade, uniting our Team Members to support its cause through
volunteerism and in-kind donations," Paul
Town, chief operating officer, Marina Bay Sands, said. "We know the resources
available through the Sands Cares Accelerator will further
strengthen the organization for the future. We are looking forward
to the next three years of witnessing various milestones with The
Food Bank Singapore as it scales up its bank card program for
vulnerable communities by deploying technology and innovation."
Inspired by the entrepreneurial and philanthropic spirit of
Sands' founder Sheldon G. Adelson,
the Sands Cares Accelerator carries on his legacy of building
successful businesses and giving back to communities with greater
corporate involvement to help advance the capabilities of nonprofit
organizations so they can better address the needs of their
communities. During the three-year membership, nonprofits focus on
building their capacity in a strategic area or enhancing a program
offering to better serve the community. Sands serves as a catalyst
and mentor for helping organizations achieve their goals.
Other Sands Cares Accelerator members have included The LGBTQ+
Center of Southern Nevada (current
member), Green Our Planet (graduate), Nevada Partnership for
Homeless Youth (graduate) and the Inspiring Children Foundation
(graduate) in Las Vegas; Art
Outreach (graduate) in Singapore;
and Green Future (graduate) in Macao.
To learn more about the Sands Cares Accelerator, please visit
https://www.sands.com/responsibility/communities/#our-program-sands-cares.
About Sands (NYSE: LVS)
Sands is the leading global
developer and operator of integrated resorts. The company's iconic
properties drive valuable leisure and business tourism and deliver
significant economic benefits, sustained job creation, financial
opportunities for local businesses and community investment to help
make its host regions ideal places to live, work and visit.
Sands' portfolio of properties includes Marina Bay Sands® in Singapore and The Venetian®
Macao, The Londoner
Macao®, The Parisian Macao®, The Plaza
Macao and Four Seasons Hotel Macao, and Sands®
Macao in Macao SAR, China, through majority ownership in Sands
China Ltd.
Dedicated to being a leader in corporate responsibility, Sands
is anchored by the core tenets of serving people, communities and
the planet. The company's ESG leadership has led to inclusion on
the Dow Jones Sustainability Indices for World and North America. To learn more, visit
www.sands.com.
About Marina Bay Sands Pte Ltd
Since its opening
in 2010, Marina Bay Sands has stood
as an architectural marvel and the crown jewel in Singapore's skyline. Home to the world's most
spectacular rooftop infinity pool and approximately 1,850 rooms and
suites, the integrated resort offers exceptional dining, shopping,
meeting and entertainment choices, complete with a year-round
calendar of signature events.
Marina Bay Sands is dedicated to
being a good corporate citizen to serve its people, communities and
environment. It drives social impact through its community
engagement program, Sands Cares, and leads environmental
stewardship through its global sustainability program, Sands
ECO360.
For more information, please visit www.marinabaysands.com.
About The Food Bank Singapore
Established in
2012, The Food Bank Singapore (http://www.foodbank.sg/) is
Singapore's first food bank and
aims to be the prevailing centralized coordinating organization for
all food donations in Singapore.
Driven by its mission to eradicate food insecurity of all forms in
Singapore, the registered charity
bridges potential donors and member beneficiaries by collecting and
redistributing donated food. Its members are registered charity
organizations or special organizations with a designated meal
program for low-income and underprivileged individuals and
families. Through a network of more than 300 such organizations of
all sizes, the food bank serves more than 100,000 families and over
300,000 people with all kinds of food – from fresh to cooked.
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