Friday Update: $106 Million in Business Aid for Haiti
This morning BCLC’s Stephen Jordan broke via CNBC that business contributions for Haiti relief and recovery have surged past $100 million. “Mobilizing more than $100 million in just ten days is extraordinary,” said Jordan.
$106 million has been mobilized by 265 companies, and 44 of these companies have given $1 million or more in cash or a mix of cash and in-kind donations, including Abbott, Bank of America, Baxter, CitiGroup, Comcast, FedEx, GlaxoSmithKline, Goldman Sachs, Google, JP Morgan Chase, UPS, and Microsoft. According to BCLC data, this is the fifth-largest corporate response to a natural disaster.
BCLC continues to serve as the coordination hub for corporate disaster response. Through the Disaster Assistance and Recovery Program, BCLC directs the Office Depot Foundation-sponsored Disaster Help Desk for Business, provides regular updates, hosts coordination calls, responds to inquiries and requests from various partners, and shares information with the public and relevant partners about the current state of corporate disaster aid contributions.
BCLC has responded to more than 1,000 inquiries and requests, hosted three coordination calls with speakers from the American Red Cross, CHF International, U.S. Agency for International Development, U.S. Department of State, United Nations, United States Southern Command, and the White House, and continues to update the public on the level of corporate donations.