Corporate America Steps Up to Help Haitians
We've told you about government and non-government efforts around the world to support the relief effort in Haiti, as well as generous donations coming in from celebrities, but some of you may be wondering what corporations with especially deep pockets are doing.
Before you start to berate the evils of modern capitalism, take note that less than 24 hours after the quake hit Port-au-Prince on Tuesday afternoon, donations started to pour in from US businesses large and small to the tune of about $31.1 million, according to the US Chamber of Commerce. And more is trickling in every hour.
Of course, you can't believe everything you read. Some of you were no doubt disappointed when news of American Airlines' generous donation of free travel to doctors and nurses heading to the Caribbean island was nothing more than a Twitter hoax. Another rumor that circulated was that UPS was offering free shipping of goods to the island nation. (Who starts these rumors, and why?)
In any case, the good news is, that many other corporations are coming through in spades. So far, donations have ranged anywhere from several thousand (Kraft was one of the first corporations to donate, pledging $25,000 to the American Red Cross) to several million dollars in cash and in-kind donations (Nestlé donated a million in bottled water.)
We thought we'd pay tribute to the most generous of the bunch, so here's a list of those who kicked in a minimum of $1 million to various NGOs involved in the relief effort (for a more extensive list of corporate donors, click here.)
Digicel (Cell phone company): $5 million
Amgen Foundation (Biotech): $2 million
Cisco Foundation (Consumer electronics): $1.25 million
Microsoft: $1.25 million
Coca-Cola: $1 million
Goldman Sachs: $1 million
Google: $1 million to Unicef and CARE
PepsiCo and PesiCo Foundation: $1 million
Lowe's Companies Inc.: $1 million
Morgan Stanley: $1 million
JP Morgan Chase: $1 million
UPS: $1 million
Bank of America: $1 million
Abbott and Abbott Foundation: $1 million
Nestlé Waters North America: $1 million worth of bottled water products
Photo courtesy of The Coca-Cola Company.



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