After 2007 wildfires, corporate philanthropy tests its limits: In the days after after devastating 2007 wildfires sparked by backcountry power lines, utility executives set up a new charity, the Sempra Energy Foundation, intent on helping victims of a conflagration that killed two and burned 1,300 homes in San Diego County.
In the months to follow, the nonprofit foundation funded by Sempra Energy investors distributed $5,158,000 among 1,238 property owners and renters who were left homeless by the fire or lost significant holdings. An additional $60,000 went to a dozen recovery groups that rallied behind people whose home burned.
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