Tuesday, September 13, 2005

Hurricane Katrina corporate gifts could top $1 billion - Sep. 13, 2005

Hurricane Katrina corporate gifts could top $1 billion - Sep. 13, 2005: "Corporate Katrina gifts could top $1B
Report: Donations from companies, customers exceed $500M; likely to top record $750M in 9/11 giving.
September 13, 2005: 8:44 AM EDT

NEW YORK (CNN/Money) - Corporate donations to help victims of Hurricane Katrina are now more than $400 million and could eventually exceed $1 billion, according to a published report.

USA Today, citing three organizations tracking corporate donations, said that corporate donations now stand at $409 million, with donations from the companies' customers adding another $138 million. That means corporate funds raised now stand at $547 million, close to the $565 million raised for tsunami relief after that Dec. 26, 2004, disaster"

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