Las Vegas Sands and Marina Bay Sands Welcome The Food Bank Singapore into the Sands Cares Accelerator

Core Points - Las Vegas Sands and Marina Bay Sands have partnered with The Food Bank Singapore to enhance its Bank Card Program through the Sands Cares Accelerator, a three-year initiative aimed at increasing community impact [1][4][9] - The Food Bank Singapore will receive $100,000 annually for three years, along with strategic guidance and mentorship to improve its food distribution processes [2][5] - The Bank Card Program currently assists beneficiaries in receiving food aid from over 300 partners, and the initiative aims to digitize operations for better efficiency and outreach [3][5] Company Initiatives - The Sands Cares Accelerator was launched in 2017 to support nonprofits at a critical growth stage, providing extended funding and customized support [4][9] - The Food Bank Singapore is the seventh organization to join the Accelerator, which has invested over$1.6 million and facilitated hundreds of hours of consulting [5][10] - The partnership with Marina Bay Sands has been ongoing since 2016, involving food donations and volunteer efforts from the resort's team members [6][8] Community Impact - The Food Bank Singapore redistributes over 2 million meals annually to vulnerable families and individuals through its network of more than 300 feeding partners [5][16] - The Sands Cares Accelerator aims to help nonprofits build capacity and enhance program offerings to better serve their communities [9][10] - The initiative reflects the philanthropic legacy of Sands' founder, emphasizing corporate involvement in addressing community needs [9]