A month on from August’s shocking downtown fire and reps for the Downtown Alliance have confirmed fundraising efforts have successfully hit their target. In total, the drive raised $494,000 to cover the “missing month” of income before employees could secure new work or qualify for unemployment benefits.
A presser marking the achievement detailed that “more than 1,600 individuals contributed, alongside major gifts from Matthew and Tatiana Prince, the Larry H. Miller Company, the George S. and Dolores Doré Eccles Foundation, and the Salt Lake Chamber.”
An important point to note is that 100% of funds went directly to employees, covering rent, groceries, transportation, and other essentials in this critical first month. Indeed, hats off to The Downtown Alliance, which absorbed all administrative costs and transaction fees. At the time of press, two rounds of fund disbursement to affected employees have been completed…