Wachovia reacts on Hurricane Katrina of $ 2 million donation

Wachovia Corp. announced that it has a $ 1.75 million to support victims of Hurricane Katrina, bringing its total contribution for victims of hurricane aid organizations to $ 2 million.

“This is the only way we can overcome the tragedy of immense disaster like this is drawing as a nation and what we can do to help our fellow citizens in great need,” said Ken Thompson, CEO of Wachovia. “People in Louisiana, Mississippi and Alabama are not alone. Like the rest of our people, the people of Wachovia want to lend a helping hand so they can begin to rebuild their lives and communities. ”

Wachovia is an additional donation of $ 750000 of the American Red Cross, to increase the contribution of society as a whole for the organization to $ 1 million. Previously, the Company announced that $ 250000 donated to the American Red Cross Disaster Relief Fund.

The company is also extending its program of matching gifts, matching an additional $ 1000 per employee for donations to the American Red Cross until the end of the year. The program games regularly until $ 4000 per employee per year for donations to educational institutions and other Nonprofits.

In addition, Wachovia a donation of $ 800000 for the creation of a fund of the Gulf Coast Community Foundation $ 200000 Mississippi and the creation of a fund of the Community Foundation of South Alabama in Mobile. Wachovia is the Fund for the two advisory boards, partnerships with community leaders in identifying long-term needs.

“We support the creation of these funds, because we know we must look towards the future - which will help the region prosper in the years to come,” said Thompson. “We invite other businesses across the country, we contribute to these funds to support this work, which is essential that the gulf coast of long-term development.”

Wachovia collecting donations to the American Red Cross
In addition to these contributions, Wachovia is to continue to accept donations to the American Red Cross for Wachovia and South Trust financial centers throughout its retail market and its bank e-mail.

Everyone can help victims of Hurricane Katrina, along with thousands of victims of disasters throughout the country each year, financial aid gift to the American Red Cross Disaster Relief Fund at any time, Wachovia South Trust or financial in all countries, except Georgia.

Because of a previous agreement on Atlanta’s WSB-TV Channel 2, donations to the American Red Cross, family on family 2 Relief Fund in Georgia financial centers.

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