Philanthropists gave $577 million in relief

Philanthropists gave $577 million in relief: "Philanthropists gave $577 million in relief
But that's probably the max, study says
Tuesday, August 22, 2006
By Bruce Alpert

WASHINGTON -- First the good news.

U.S. foundations and corporations provided $577.1 million in private contributions through the end of June for relief, recovery and rebuilding efforts related to last year's Gulf Coast hurricanes, according to a new report by the Foundation Center.

The bad news is that more assistance is unlikely. Only 7 percent of the surveyed foundations, according to the report, expect to make additional hurricane-related commitments beyond September."

Tags: NPDisasterRelief, NPCorporateGiving