PIMCO to Hold Its Annual "Share the Harvest" Charity Event

NEWPORT BEACH, CA--(Marketwired - Dec 5, 2014) - On Saturday, December 6, 700 PIMCO employee volunteers, friends and family members will gather at the OC Fair & Event Center in Costa Mesa to pack 16,000 boxes with a holiday meal for needy families in Southern California.

The annual Share the Harvest is an event sponsored by the PIMCO Foundation, PIMCO's charitable giving and employee volunteer program. It's the seventh time PIMCO has held Share the Harvest in Newport Beach. All 16,000 boxes of food packed by PIMCO volunteers will be donated to the Orange County Food Bank and its many member agencies. The OC Fair & Event Center is a supporting partner for this year's event.

This Orange County event follows a similar one in New York City where 225 PIMCO volunteers packed 2,500 food boxes. The boxes were distributed to Food Bank For New York City.

"Food Bank For New York City was thrilled to be part of PIMCO's Share the Harvest event and have them take part in our 'Thankful to Give' FoodBank2Go holiday initiative," said Margarette Purvis, President and CEO of Food Bank For New York City. "PIMCO's 225 volunteers had an immediate impact on our city. In just two hours, they were able to pack 2,500 boxes which helped to provide 22,500 nutritious meals for our neighbors in need in New York City. We are very grateful for their support." 

"The Share the Harvest event is an important and wonderful annual tradition for us, both in our Newport Beach and New York offices. We are pleased to be contributing members of our local communities, serving in need of others less fortunate," said Douglas Hodge, Chief Executive Officer of PIMCO and President of the PIMCO Foundation.

"As one of the world's largest investment managers, PIMCO understands the importance of wise investment. PIMCO, their employees, and the PIMCO Foundation are investing in the wellbeing of our community by providing 16,000 vulnerable families the gift of food this holiday season," said Mark Lowry, Director of the OC Food Bank.

Since inception, PIMCO's Share the Harvest event has provided meals for 234,000 individuals in Orange County and New York City.

About the PIMCO Foundation
The PIMCO Foundation is the charitable arm of PIMCO, based in Newport Beach, California, which helps people around the world to reach their full potential by engaging, empowering and investing in communities. It carries out its mission by identifying areas of urgent community need and volunteering time and financial resources to support high impact projects and programs; through education with a focus on financial literacy and college readiness; and by investing in people through partnerships fostering economic development. The Foundation's website can be accessed directly at www.pimco.com/pimcofoundation and its twitter feed is @pimcofoundation.

About the OC Food Bank
The Orange County Food Bank is a program of the Community Action Partnership of Orange County, a private non-profit charity dedicated to helping people and changing lives. Nearly 20 million pounds of food each year is distributed to 400 non-profit agencies throughout the county including soup kitchens, churches, shelters, and social service agencies. The Orange County Food Bank also provides direct services to more than 23,000 seniors and low-income families each month.

About Food Bank For New York City
Food Bank For New York City has been the city's major hunger-relief organization working to end hunger throughout the five boroughs for more than 30 years. Nearly one in five New Yorkers relies on Food Bank for food and other resources. Food Bank takes a strategic, multifaceted approach that provides meals and builds capacity in the neediest communities, while raising awareness and engagement among all New Yorkers. Through its network of more than 1,000 charities and schools citywide, Food Bank provides food for more than 63 million free meals for New Yorkers in need. Food Bank For New York City's income support services, including food stamps (also known as SNAP) and free tax assistance for the working poor, put more than $100 million each year into the pockets of New Yorkers, helping them to afford food and achieve greater dignity and independence. In addition, Food Bank's nutrition education programs and services empower more than 275,000 children, teens and adults to sustain a healthy diet on a low budget.

To learn more about how you can help, please visit foodbanknyc.org. Follow us on Facebook (FoodBank4NYC), Twitter (@FoodBank4NYC) and Instagram (FoodBank4NYC). To donate, visit www.foodbanknyc.org/donate. To become a partner, visit www.foodbanknyc.org/partner. To volunteer, visit volunteer.foodbanknyc.org. To advocate, visit www.foodbanknyc.org/advocate. To host a Virtual Food Drive, visit www.foodbanknyc.org/vfd. To receive Food Bank For New York City's CEO E-Newsletter, visit www.foodbanknyc.org/email.

About PIMCO
PIMCO is a leading global investment management firm, with offices in 12 countries throughout North America, Europe and Asia. Founded in 1971, PIMCO offers a wide range of innovative solutions to help millions of investors worldwide meet their needs. Our goal is to provide attractive returns while maintaining a strong culture of risk management and long-term discipline. PIMCO is owned by Allianz S.E., a leading global diversified financial services provider.

Except for the historical information and discussions contained herein, statements contained in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including the performance of financial markets, the investment performance of PIMCO's sponsored investment products and separately managed accounts, general economic conditions, future acquisitions, competitive conditions and government regulations, including changes in tax laws. Readers should carefully consider such factors. Further, such forward-looking statements speak only on the date at which such statements are made. PIMCO undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.