Foundation for the Mid South and Entergy Establish Funds to Benefit the Victims of Hurricane Katrina

Foundation for the Mid South and Entergy Establish Funds to Benefit the Victims of Hurricane Katrina: "Foundation for the Mid South and Entergy Establish Funds to Benefit the Victims of Hurricane Katrina
E-mail or Print this story

7 September 2005, 12:43pm ET

JACKSON, Miss., Sept. 7 /PRNewswire-FirstCall/ -- The Foundation for the Mid South recently received $1 million from Entergy Corporation (NYSE:ETR) to establish a fund that will benefit its customers and employees who were impacted by Hurricane Katrina. The Power of Hope Fund will be used to help disaster victims rebuild their lives in the aftermath of the storm. Entergy, which serves Louisiana, Mississippi, Arkansas, and Texas, launched the fund last week and has already received support from contributors such as Skadden, Arps, Slate, Meagher & Flom LLP; and TXU Corporation. Currently, the fund total stands at more than $1.5 million and is growing quickly."