PRESS RELEASE
The Council on Foundations - Press Release: "Grantmakers Respond with Hurricane Relief as Charitable Giving Exceeds $580M
Focus is on Long-Term as well as Short-Term Needs
Washington, DC (September 12, 2005) — Foundations and corporate grantmakers across the nation quickly mobilized to help with Hurricane Katrina relief efforts, responding with money, in-kind donations and a wide variety of resources. According to the Chronicle of Philanthropy, corporations, foundations and wealthy individuals have donated more than $229 million. Council members have so far donated more than $140 million, including a pledge of $25 million from General Electric and $20 million in grants by The Lilly Endowment."
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