Corporations kicking in with Haiti relief
UPDATED Friday at 5:37 p.m.
U.S. corporations are contributing to Haiti relief, donating millions of dollars to the devastated Caribbean nation.
-- The Walt Disney Co. may have been first up to the plate with a big donation, saying on Wednesday that it would donate $100,000 to the Red Cross International Fund.
-- Deutsche Bank contributed its commissions from Friday, which amounted to a $4 million donation.
-- Big Wall Street investment bank Jefferies said that it will donate all of the company's net commissions and all volunteered salaries for Friday's work day plus an additional $1 million to be split evenly between the American Red Cross, Save the Children, UNICEF and the U.N. Central Emergency Response Fund. Jefferies said late Friday it looks like the firm's total donation will come in at around $7 million.
-- Google has pledged $1 million.
-- DHL has sent a disaster-response team to help coordinate operations at the Port-au-Prince airport.
-- Microsoft has promised $1.25 million.
-- Apple has set up a donation tool on its popular iTunes online music store.
-- Verizon's foundation has pledged $100,000.
-- UPS has kicked in $1 million.
-- Bank of America has promised $1 million. (Note: The bank has paid back its taxpayer-funded bailout.)
-- J.P. Morgan chased is kicking in $1 million.
-- Morgan Stanley is giving $1 million.
-- Goldman Sachs has pledged $1 million.
-- Wells Fargo has promised $100,000.
-- GE is giving $2.5 million.
-- McDonald's is giving $1 million.
-- PepsiCo is kicking in $1 million plus Quaker Oats food, water and Gatorade.
-- Comcast is pledging $1 million.
-- Hewlett-Packard has committed $750,000 and may kick in another $250,000.
-- The Rothschild Estates has pledged $2.5 million.
-- Lowe's is pledging $1 million.
-- Home Depot is donating $100,000.
-- Target has donated $500,000 to the Red Cross.
-- Wal-Mart is giving $500,000 to the Red Cross and another $100,000 worth of food.
-- GoDaddy has pledged $500,000.
-- Yum! Brands restaurants has promised $500,000.
-- Drugmaker Abbott Labs is donating $1 million in aid, including drugs and food.
-- FedEx will fly relief to the country.
-- Major League Baseball is kicking in $1 million.
-- Biotech giant Amgen has pledged $2 million.
-- Frank Ahrens
Follow me on Twitter at @theticker
January 15, 2010; 5:37 PM ET
Categories: Corporations , The Ticker | Tags: Abbott Labs, Apple, Bank of America, Disney, FedEx, Google, Haiti, Home Depot, Jefferies, Lowe's, UPS, Verizon, Walt Disney
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