Yahoo——Ranking the quake donations
(2008-05-16 16:31:44)
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Ranking the quake donations
Posted by Tim Johnson
In a small ceremony the other day, U.S. Ambassador Clark Randt handed over $500,000 in quake relief funds to China.
The Xinhua editors had some fun with that. They contrasted the modest U.S. gift with the $50 million pledge from Saudi Arabia in a headline displayed on their webpage.
If the Bush administration has been, er, restrained in its generosity, private U.S. companies have not. I’ve come across the following list compiled by the U.S.-China Business Council about pledges from U.S. companies for earthquake aid. Most of these companies also pledge to match employee donations for quake aid.
You be the judge: Are these donations adequate?
American International Group has made an initial pledge of $1 million to provide immediate recovery assistance through several different organizations.
Amway made an initial commitment of RMB 2 million ($286,000) to the Sichuan Red Cross through its Amway China affiliate to aid in recovery efforts. Half of the donations will be for the Red Cross to use for immediate disaster relief. The other half is designated for the reconstruction of a primary school that collapsed in Chengdu City and killed 50 students.
Anheuser-Busch is donating RMB 3.5 million ($500,000) to the Red Cross Society of China to aid relief efforts for earthquake victims. The company also will provide more than RMB 7.7 million ($1.1 million) or 425,000 cases of fresh drinking water to the area.
Applied Materials, through Applied Materials China, will be making a contribution of RMB 1 million ($143,000) to the Red Cross Society of China.
Bechtel is setting up a matching contribution fund for employee disaster relief contributions.
The Boeing Company has made an initial contribution of $250,000 to relief efforts and will match employee donations to the American Red Cross for disaster assistance.
Cargill along with its businesses and employees have to date provided approximately RMB 3.3 million (more than $450,000) to several Red Cross societies; the company will match global employee donations to these societies.
Caterpillar The Cat Foundation has made an initial gift of $50,000 to the American Red Cross to be used for disaster relief efforts in China and will also match cash contributions from Cat employees, retirees, and Cat dealer employees to the American Red Cross up to an additional $50,000. In addition, Caterpillar has initially deployed equipment valued at approximately $2.85 million, including machines and generator sets to be used in the recovery efforts, as well as a team of skilled equipment operators.
Chindex, a health care company with operations in China ’s southwest, is making in-kind donations directly in response to and delivered directly to those delivering care. Chindex has also sent icepacks, bandages, rehydration salts, and hand disinfectants on a Red Cross charter plane with volunteers headed to Sichuan .
Chrysler is matching employee contributions.
Citi China will contribute over $500,000 through the Red Cross Society of China.
The Coca-Cola Company has already sent 10,000 cases of water for earthquake relief and has pledged a donation of RMB 5 million ($715,000) of cash and in-kind assistance.
The Dow Chemical Company has donated RMB 2 million ($286,000) to the Red Cross Society of China. Dow Greater China has also established an employee matching gift program.
ExxonMobil has contributed $50,000 dollars to date for relief efforts.
Ford Motor Company has announced an initial donation of RMB 5 million (over $700,000) in cash and vehicles together with its joint venture partners and investment companies in China.
General Electric and the GE Foundation are providing immediate funds of RMB 10 million ($1.4 million) to the Red Cross Society of China and over half a million dollars of equipment and services to enable ongoing emergency relief efforts.
General Motors Corp. and its Shanghai GM and SAIC-GM-Wuling joint ventures in China have made an initial donation of RMB 6 million ($860,000) to southwest China’s Sichuan Province to support rescue and reconstruction efforts.
The Home Depot and The Home Depot China has initially committed $100,000 to the China Charity Foundation and 1,000 tents and other supplies for earthquake survivors.
Johnson & Johnson affiliate companies in China have announced a commitment of RMB 10 million ($1.4 million) to the Red Cross Society of China.
Microsoft is making an initial donation of RMB 1 million ($143,000) to the Red Cross Society of China.
Motorola has made donations to date of approximately $600,000 worth of cash, emergency communications equipment, mobile phones, and network services to Sichuan Province, including a cash donation to the Red Cross Society of China.
Pepsico has donated RMB 1 million ($143,000) to the Red Cross Society of China on May 13 and is providing product donations (food and beverages) to those in need.
The Procter & Gamble Company China has pledged RMB 1 million ($143,000) to the China Red Cross to help with relief work.
Qualcomm has donated $500,000 to the Red Cross Society of China to support relief and recovery efforts.
Tyco Electronics has made an RMB 1 million ($143,000) cash contribution to the Red Cross Society of China to assist with overall emergency efforts. So far, the company’s Network Solutions business segment in China has committed RMB 600,000 ($86,000) worth of products and services to help rebuild critical telecommunications and energy networks.
UPS is contributing a total of $1 million in cash and in-kind support to the earthquake relief efforts in China. UPS has also pledged an additional $500,000 for in-kind support to aid the transportation of relief supplies.
Wal-Mart has contributed more than RMB 3 million ($430,000) in relief to China in response to the recent earthquake. A portion of the RMB 3 million contribution will be given to the China Red Cross for disaster relief. In addition, assistance will be provided to help reconstruct the devastated communities.
美國國際集團(AIG)、應用材料、UPS等各自捐助一百萬美元,摩托羅拉、高通、花旗、安海斯-布希、嘉吉等各自捐助五十萬美元現金,波音公司已捐首筆二十五萬美元。
據介紹,在華設有分支機構和廠家的美國企業強生、通用汽車和通用電氣基金各自捐一千萬元人民幣資金和救災設備。通用汽車通過在華公司捐款六百萬元人民幣,福特公司捐出首批五百萬元人民幣和五十萬元救災設備物資,沃爾瑪捐三百萬元人民幣,道化學公司和安利各捐助二百萬元人民幣,微軟、百事可樂、寶潔、泰科電子、康明斯等各自捐助一百萬元人民幣。另有若幹企業捐助額度不等的美元、人民幣現金和飲用水、設備、車輛和其他救災物資。