Corporate Giving Shows Businesses Care

Morgan Stanley: Morgan Stanley says it has an ongoing monetary commitment to the Red Cross for disaster recovery, and will match employee donations to the South Asian disaster relief effort.

UBS: UBS says it will make a donation of $3 million and expects to set up a matching program for employee contributions.

US Bancorp: Donating $230,000 and is expected to make an additional contribution that will not be publicly announced. The company has also established a Tsunami Relief Fund for employees and customers who wish to contribute to the aid effort. Contributions can be made at any of US Bank's 2,346 locations as well as online or by phone. The funds will go to the American Red Cross International Response Fund.

Wells Fargo: Donating $350,000.

Various

3M: Donating $1 million, including an estimated $500,000 from the 3M Foundation and anticipated $500,000 from the employee matching donation program. Also donating medical products (surgical tape, bandages, respirators) and medical tape.

Alcoa: $25,000 donation and matching employee donations made through the Red Cross.

Altria: Altria companies -- Kraft, Phillip-Morris -- are contributing $1 million and are setting up a matching gift program for employees. Kraft Foods expects to make in-kind donations of food products in the region, but details are still being developed .

Boeing Co.: Donating $1 million and matching donations to the Employee's Community Fund, the world's largest employee-managed giving organization.

Caterpillar Inc.: Donating $1 million and matching employee donations up to $2,000.

Chevron Texaco: Donating $1 million.

Cisco Systems: Donating $3 million, which is an increase of $1 million from employee donations.

Coca-Cola: Coca-Cola is making a $10 million contribution to international and local relief agencies and is setting up a matching plan for employees. The soft drink giant is also providing supplies such as bottled water, food packets, medical kits, clothing, blankets and tents. For example, in Aceh in Indonesia, 12 of the company's trucks are delivering relief assistance. In India, some 3,000 cases of bottled water have been distributed. In Thailand, more than 500,000 bottles of water have been committed, with 190,000 already delivered, the company says.

Conoco Phillips: Donating $2 million.

Dell Inc.: $4 million donation.

Disney: The Walt Disney Company has set up a fund with the International Red Cross with an initial donation of $1 million. On top of the corporate donation, Disney employees will also be able to contribute to the fund. (The Walt Disney Company is the parent company of ABC News)

Du Pont E. I. De Nemours: The company donated protective clothing, disinfectants, soy-based nutritional products. Currently finalizing a financial contribution to the Red Cross and local agencies. Will match donations of employees based in Asia.

Exxon Mobil CP Donating $5 million and matching employee donations. Local affiliates are providing medical supplies, petrol, organizing blood drives.

GE: GE is giving $1 million to the American Red Cross International Relief Fund and $100,000 to UNICEF. The company is also matching employee donations -- $680,000 as of Dec. 30 -- dollar-for-dollar, and looking into the donation of possible products and services.

Page
  • 1
  • |
  • 2
  • |
  • 3
  • |
  • 4
Join the Discussion
You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus
 
You Might Also Like...
See It, Share It
PHOTO: A home damaged by a landslide Friday, April 18, 2014 in Jackson, Wyo. is shown in this aerial image provided by Tributary Environmental.
Tributary Environmental/AP Photo
null
Danny Martindale/Getty Images
PHOTO: Woman who received lab-grown vagina says she now has normal life.
Metropolitan Autonomous University and Wake Forest Institute for Regenerative Medicine