BOISE, Idaho (CBS2) — Micron announced Wednesday it is dedicating $35 million to support global communities and to provide financial relief for those affected by the COVID-19 pandemic.

The company will launch a new Micron Foundation $10 million relief fund, increase employee gift matching, and introduce financial assistance for team members through grants.

“Micron is prioritizing the health and safety of our team members and partners, and the well-being of the communities in which we operate,” said Micron President and Chief Executive Officer Sanjay Mehrotra. “As the scale of the COVID-19 pandemic becomes more apparent, we are immediately accelerating our efforts to provide funding, resources and support to those most impacted by this health crisis.”