Two Weeks After Earthquake, Business Contributions to Haiti Surge Past $122 Million

January 26, 2010

WASHINGTON, D.C.—Just two weeks after an earthquake struck Haiti, theU.S. Chamber of Commerce's Business Civic Leadership Center (BCLC) reports that as of 3:30 p.m. EST today, corporate aid pledges have exceeded $122 million, including cash and in-kind contributions. To date, 299 companies have contributed to relief efforts with 49 of these companies having donated $1 million or more, including Abbott, Bank of America, Baxter International, CitiGroup Inc., Comcast Corporation, FedEx Corporation, GlaxoSmithKline, Goldman Sachs, Google, JP Morgan Chase & Co., UPS, and Microsoft Corporation. According to BCLC data, this is the third-largest corporate response to a natural disaster. (See table below)

"The magnitude of the Haitian tragedy has struck a profound chord with the business community," said Stephen Jordan, senior vice president and executive director of BCLC. "Mobilizing more than $100 million in just 10 days and $122 million within 14 days is extraordinary. We have seldom seen such a massive response."

In Numbers: Haitian Earthquake Receives Third-Largest Corporate Response*

 

Disaster

Dollar Amount

Date

Hurricanes Katrina and Rita
(U.S. Gulf Coast)

$1.08 billion

August, September 2005

Indian Ocean Tsunami
(Southeast Asia)

$566 million

December 2004

Haiti Earthquake

$122 million

(still tracking)

January 2010

Kashmir Earthquake
(Pakistan)

$116 million

October 2005

Sichuan Earthquake
(China)

$110 million

May 2008

*BCLC has tracked corporate responses to disasters since early 2005, when our systems and protocols were established in response to the Indian Ocean tsunami and the devastation felt by multiple countries in the Southeast Asian region. For more information on BCLC's disaster systems and protocols, visit:
ttp://www.uschamber.com/bclc/programs/disaster/responseprotocol.htm.

"We are encouraged by the outpouring of corporate support, but this disaster response is far from over," Jordan said. We continue to work closely with the international authorities and NGO community to identify the best ways the private sector can support their work."

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 Help Desk (1-888-MY-BIZ-HELP, bclchelpdesk@uschamber.com), 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 continued to update the public on the level of corporate donations. For regular updates on the corporate response, check: http://www.uschamber.com/BCLC/HaitiEarthQuakeResponse.htm

BCLC, a 501(c) 3 affiliate of the U.S. Chamber of Commerce, is a resource and voice for business' social and philanthropic interests. BCLC's Disaster Assistance and Recovery Program, Underwritten by Allstate, Office Depot Foundation and UPS, facilitates effective private-sector contributions to U.S. and international disaster response and recovery efforts.

The U.S. Chamber of Commerce is the world's largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

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