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Panda Express investing $10M to fuel diversity efforts

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May 5, 2021

Panda Express, America's largest family owned Asian QSR, is investing $10 million to support diversity efforts, according to a news release. The Panda CommUnity Fund will support various initiatives over the next five years to help foster a more respectful and inclusive society for tomorrow, said Panda Express Co-founder and Co-CEO Peggy Cherng.

"We are proud of our multicultural heritage and have always believed that this identity connects us to the best of American culture," she said in the release. "Because of the duality in who we are, Panda champions a greater sense of belonging and supports engagement efforts that reflect the diversity of our guests, associates and communities."

To show its support for Asian American & Pacific Islander Heritage Month, which is in May, Panda is making a $1.5 million pledge to AAPI organizations dedicated to offering critical aid, as well as promoting cultural understanding and acceptance.

"Following a year of hardship and civil unrest, it has become more apparent that the responsibility is on each of us to come together to create meaningful change," Cherng said. "And that is why we are making the commitment to put forth the resources and platforms needed to continue energizing community organizations on the ground."

As an American-born company founded by Chinese immigrants, Panda Express recognizes that there is still a "long journey ahead to dismantling systemic racism," which was a driving forces behind the $1.5 million pledge.

Some organizations receiving funds from Panda include the Asian American Advancing Justice Chapters, GoFundMe.org AAPI Community Fund, Welcome to Chinatown and Asian Mental Health Collective.

Additionally, the Panda Community Fund will support initiatives focused on education and empowering representation across various verticals through partner organizations, such as Gold House and The Asian American Foundation.

Beyond its monetary commitment, the American Chinese brand will continue to leverage its national platform, resources, and influence to amplify AAPI voices and organizations.

Panda Express has more than 2,200 locations systemwide.