The devastating effects of Hurricane Harvey left many in the state of Texas without homes , food, clothes and other essential items. The Austin Disaster Relief Network, which provides emergency housing, financial assistance, transportation and emotional support to disaster victims, entered a partnership with the U.S. Money Reserve to help in the recovery efforts. Learn more: https://www.linkedin.com/company/u-s-money-reserve
The U.S. Money Reserve is one of the largest private distributors of precious metals issued by the U.S., as well as foreign governments. The company was founded in 2001, and its purpose was to assist customers with purchasing valuable coins. The business has received good reviews from satisfied customers, and has gotten a very high rating from the Business Consumer Alliance.
After Hurricane Harvey hit the Texas area, the U.S. Money Reserve made the decision to partner with the Austin Disaster Relief Network, because the company saw the need to help the victims get back on their feet by providing funding for the renovation and rebuilding of their water-damaged homes. The organization’s collection efforts brought in cleaning supplies and food items, which were distributed to communities that were most in need.
Others were also encouraged by the two organizations to donate money and items to the cause, and the U.S. Money Reserve even matched contributions from donors up to $100,000 in order to raise more funds for emergency relief. One of the reasons that the company partnered with the Austin Disaster Relief Network was because of the fact that their relief efforts would go directly to the survivors of Hurricane Harvey. Learn more: http://chronicleweek.com/2017/10/austin-disaster-relief-network-and-u-s-money-reserve-help-survivors-of-hurricane-harvey/
The hurricane brought large amounts of rainfall to that area, and caused an extensive amount of property damage. Nearly 50 inches of rain fell in some places, and some cities in the area were completely submerged in water. Some people got trapped by the flood waters and did not survive. And the standing water that was left behind when the storm passed created toxic situations, like the release of certain dangerous chemicals in the air.
The U.S. Money Reserve is led by Philip N. Diehl, who is a former U.S. Mint Director, and it was founded, and is still based, in Austin. The company also has offices in Beaumont and Lumberton. Partnering with the Austin Disaster Relief Network was a way for the organization to give back to a community that previously supported the business by investing in the precious coins or metals that it distributes.