WeWork will match on a dollar-for-dollar basis the first $100,000 USD in donations. This means that if the company raises $100,000 USD, WeWork will contribute $100,000 USD in matching funds — for a total donation of $200,000 USD. The WeWork Executive team has pledged an additional amount of $95,000 USD to help the company reach the overall goal.
The funds raised will go to Give2Asia, an international NGO that serves 23 countries across the Asia-Pacific region, to support frontline health workers and hospitals responding to the coronavirus crisis.
Startups that are part of WeWork Labs are mass-producing diagnostic test kits, developing surgical masks, and creating more sustainable rolls of toilet paper.