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Corporate Aid For Katrina Victims

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Well-known member
Feb 27, 2004
Thought this was cool:

Companies pitch in
Major companies -- including Home Depot and Ford -- pledge millions to hurricane relief efforts.
August 31, 2005: 6:12 PM EDT

NEW YORK (CNN/Money) - Corporations are contributing millions of dollars in relief aid to help cope with the destruction left by Hurricane Katrina. The following is a list of companies that have taken steps to provide aid to those in need of funds, food and medicine following Monday's storm:

Amerada Hess said it would contribute $1 million to the American Red Cross for its disaster relief efforts in responding to Hurricane Katrina. In addition, the company will match individual employee donations to the Red Cross.

American Airlines flew 85,000 pounds of bottled water and nonperishable food items donated by the airline to New Orleans. American also picked up some of its own employees, other airlines' employees and stranded travelers and flew them to Dallas/Fort Worth.

Anheuser-Busch said it shipped 12,600 cases of drinking water for the Red Cross to distribute to victims in affected areas of Louisiana.

Bayer Corp. has committed $2 million in cash and product donations and will match employee donations to the Red Cross.

BI-LO/Bruno's supermarkets will match up to $25,000 in employee and customer donations to the American Red Cross.

Exxon Mobil will donate $2 million to the American Red Cross Disaster Relief Fund. It is also donating fuel to government responders.

Fannie Mae has mortgage relief provisions in place for borrowers in Mississippi, Louisiana, Alabama, Florida and other states facing hardships as a result of widespread damage caused by Hurricane Katrina.

Food Lion said it would accept customer donations to the Red Cross and will send a truckload of bottled water to the area.

Ford Motor Credit Company is offering customers affected by Hurricane Katrina the opportunity to defer up to two vehicle payments.

Freddie Mac has extended its mortgage relief policies for borrowers affected by Hurricane Katrina in locations declared major disaster areas by President Bush.

General Motors is contributing $400,000 to the American Red Cross and matching employee donations up to $250,000. GM will also donate 25 vehicles for use by the American Red Cross.

Harrah's Entertainment will establish an Employee Recovery Fund of $1 million and will provide Biloxi, Gulfport and New Orleans casino employees with their regularly scheduled base pay for up to 90 days.

Home Depot will donate $1.5 million to various relief organizations, including the American Red Cross and the Salvation Army. The home improvement retailer will set up six temporary support centers to provide reconstruction materials.

JPMorgan Chase will donate $1 million to the American Red Cross and will match employee donations up to $1 million.

Lowe's Companies will match in-store customer contributions up to $1 million. The company said it has truckloads of emergency supplies staged and ready for relief efforts along the Gulf Coast. Lowe's also says its more than 1,125 stores nationwide will serve as official cash-donation sites to benefit the American Red Cross Disaster Relief Fund.

Nissan North America will donate $500,000 to the Red Cross and provide 50 full-size trucks to the Mississippi Emergency Management Agency.

Northwest Airlines will deliver hurricane relief supplies, including water, hand towels and batteries.

Office Depot pledged to contribute $1 million to the American Red Cross.

Southwest Airlines is bringing supplies such as ice, bottled water, flashlights and bug spray. The airline also picked up about 20 to 40 evacuees.

Target announced a $1.5 million donation to the American Red Cross. The company said in a statement that it was also coordinating the distribution of essential relief products requested by the Red Cross, including water, ice, energy bars and bug spray.

Thrivent Financial for Lutherans has pledged $1 million to Lutheran relief agencies and will match member contributions.

United Airlines will give 500 frequent flier miles to anyone who donates $50 or more to the Red Cross, AmeriCares or Operation USA. The airline is also planning a relief flight with food and supplies.

Wal-Mart Stores says it will donate $1 million to the Salvation Army for relief assistance such as meals for victims and emergency and rescue personnel.

Winn-Dixie announced a program called "Neighbors Helping Neighbors," in which people can make donations in its Southeast stores for Hurricane Katrina victims.

source: http://money.cnn.com/2005/08/31/news/fortune500/firms_hurricane/index.htm


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