SBC - News Room: "The SBC Foundation Assists Katrina Victims Through $1 Million in Support to the American Red Cross
New Grant Support Builds on SBC Companies Current Deployment of Free Communications Services Valued at More Than $4 Million Per Month
San Antonio, Texas, September 1, 2005
SBC Communications Inc. [NYSE: SBC] today announced that the SBC Foundation, its charitable giving arm, will provide a dollar-for-dollar match of contributions - up to a total corporate contribution of $1 million - by regular full-time employees and eligible retirees with funds directed to the American Red Cross. The money will aid emergency relief efforts in the affected communities along the Gulf Coast in Louisiana, Mississippi, Alabama, and along the entire path of Katrina.
'When a disaster of the magnitude of Hurricane Katrina strikes, it touches us all, wherever we live,' said Edward E. Whitacre Jr., chairman and CEO of SBC Communications Inc. 'The disaster that we are witnessing is unprecedented. It demands an unprecedented response, and the SBC family is anxious to contribute.'"
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