U.S. Money Reserve and the Austin Disaster Relief Network (ADRN) have partnered to raise over $219,000 in donations for the victims of Hurricane Harvey. U.S. Money Reserve, a precious metals distributor based in Texas, matched all donations made last September to the Austin Disaster Relief Network’s Hurricane Harvey Relief Fund, which had set up a YouCaring site on the web. All funds that were raised went directly to the victims of the storm all along the Texas gulf coast.
Money Reserve’s CEO, Angela Koch, was quoted as saying that she felt that it was their patriotic duty to help out their fellow Texans and the company was proud to support ADRN and do whatever they could to support the recovery initiatives. She further noted that it was obvious that it would take a tremendous amount of resources to rebuild from such a disaster and this was their way of doing what they could to contribute. Daniel Geraci, the Executive Director of the ADRN, expressed his appreciation and mentioned the high number of lives these donations will affect. He too, mentioned the huge amount of resources that would have to be utilize to subsidize the relief response, and that businesses like U.S. Money Reserve were instrumental in meeting this resource demand.
Category Four Hurricane Harvey hit Texas three different times in late summer, 2017, dropping over two feet of rain in the first day alone. By September 1st, a third of Houston was totally flooded. Nearly 40,000 people were displaced and shelters were often overwhelmed. The efforts of companies like U.S. Money Reserve in partnership with the Austin Disaster Relief Network and others, are making a significant positive impact in the recovery effort.
U.S. Money Reserve is a premier distributor of U.S. government-issued precious metals. In the last sixteen years, the company has grown to become among the world’s largest private distributors of precious metals legal tender products. With hundreds of thousands of clients, the company specializes in U.S. gold and silver coins.
The Austin-based company also performs coin and precious metal research in order to provide highly profitable products for their clients.