As COVID-19 hit the Bay Area in 2020, Ripple has been an early mover as well in generously donating funds to key nonprofits such as Tipping Point that serves the low-income population in the Bay area. Ripple donated $1.1 million to the COVID-19 emergency fund of Bay Area nonprofit Tipping Point and $100,000 to the COVID-19 emergency fund of Silicon Valley Community Foundation (SVCF). Chris Larsen, co-founder of Ripple Ripple / Chris Larsen“We recognize it will take everybody including the taxpayers, NGOs, the public sector, but also the corporate sector so we are trying to out-punch our weight” states Ripple’s Head of Social Impact Ken Weber. Tipping Point Community COVID-19 Emergency Response | Tipping Point CommunityGovernor Gavin Newsom (D) of California spoke at a Tipping Point community call, where Ripple participated and donated $1.1 million toward Tipping Point’s goal in helping the Bay Area during COVID-19. Newsom to the Tipping Point community.

Source: Forbes May 23, 2020 01:18 UTC