Investing
Haiti Donations, Company-by-Company (MS, JPM, BAC, GS, JEF, WFC, WMT, TGT, RAD, MCD, YUM, KO, PEP, K, GIS, GOOG, DIS, CA, T, VZ, WU, MGI, UTX, UPS, ABT, AMGN, HUM)
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We have compiled from press releases and from company announcements a company-by-company donation and effort pledge to help in the relief efforts after the disastrous earthquake in Haiti. These are partial explanations of the efforts, and some lack how the funds are being donated and may lack the exact sources inside. There are many other companies which have probably made announcements that were not seen, but here is a partial list we have compiled in groups of related companies:
Morgan Stanley (NYSE: MS), J.P. Morgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Goldman Sachs Group (NYSE: GS), Jefferies Group Inc. (NYSE: JEF) are each contributing $1 million to relief efforts. Wells Fargo & Company (NYSE: WFC) said today it is contributing $100,000.00.
Wal-Mart Stores Inc. (NYSE: WMT) has pledged $600,000.00… $500,000 in cash and and $100,000 in pre-packaged food. Target Corp. (NYSE: TGT) is donating $500,000.00 and more than 1 million meals. Rite Aid (NYSE: RAD) said that The Rite Aid Foundation is making a $50,000 donation to the American Red Cross International Response Fund. Lowe’s Companies Inc. (NYSE: LOW) will donate $1 million to support the American Red Cross International Response Fund.
McDonald’s Corporation (NYSE: MCD) is donating of $500,000.00 to be matched with donations from Arcos Dorados, the company that operates nearly 1,700 McDonald’s restaurants in Latin America, and combined are estimated to total at least $1 million. Yum! Brands (NYSE: YUM) is directing $500,000.00. The Coca-Cola Company (NYSE: KO) and PepsiCo (NYSE: PEP) committed $1 million each. Kellogg Company (NYSE: K) and General Mills (NYSE: GIS) are each giving $250,000.00.
Google Inc. (NASDAQ: GOOG) is committing $1,000,000.00 and The Walt Disney Co. (NYSE: DIS) pledged $100,000.00. CA Inc. (NASDAQ: CA) donating up to $200,000 via $50,000 grant and up to $150,000 in employee matches.
AT&T Inc. (NYSE: T) pledged $50,000 donation to Telecoms Sans Frontieres to support relief work in providing telecom to victims in Haiti; while AT&T wireless customers can send donations to the Red Cross through a text message to be added to the customer bill. Verizon Communications (NYSE: VZ) said its Verizon Foundation awarded $100,000 in grants to World Vision and Food for the Poor and it will match 1-to-1 every dollar donated by Verizon employees to the two approved non-profit organizations of up to $1,000 per employee.
Western Union Co. (NYSE: WU) is ponying up $250,000.00 and waving outbound fees to Haiti for seven days. MoneyGram International Inc. (NYSE: MGI) is cutting its transfer charge to $1 for payments sent to Haiti and awarded a $10,000 grant to the Pan American Development Foundation.
United Technologies Corp. (NYSE: UTX) pledged up to $250,000 to match employee contributions to Red Cross disaster relief efforts; this is up to $250 per employee. United Parcel Service Inc. (NYSE: UPS) is contributing more than $1 million in cash and in-kind support through its UPS Foundation, including $500,000.00 in cash and services for shipment of supplies and working with charities.
Abbott Laboratories (NYSE: ABT) pledged $1 million via cash and medicine or nutrition. Amgen Inc. (NASDAQ: AMGN) is donating $2 million and will match staff donations dollar per dollar. Humana Inc. (NYSE: HUM) from the Humana Foundation is contributing $100,000.00, which could be up to $150,000.00 total via employee matching.
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