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Archive for August 24th, 2006

Kids Donate More to Katrina Relief Than Most Big Corporations

$10 million. That is the amount of donations raised for Katrina relief by U.S. school children—"more than the amount almost every major U.S. corporation gave." The only companies to give more where Wal-Mart, Federal Home Loan Bank of Cincinnati, Exxon, Freddie Mac, and BP. The $10 million is more than what AT&T and Verizon gave combined. And it’s more than major brand name corporations like GE and Coca-Cola gave. Among the country’s top corporate donors to Katrina relief, Wal-Mart is number one at $17 million, followed by Federal Home Loan Bank of Cincinnati ($15 million), Exxon ($13 million) and Freddie Mac and BP Amoco (just over $10 million each), according to the Foundation Center. So our children can break open their piggy banks and give more then multi-nation, billion dollar US-based companies.

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