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News > Fortune 500
U.S. firms helping tsunami victims
Major companies -- including Pfizer and Exxon Mobil -- donate millions of dollars to relief efforts.
January 3, 2005: 1:40 PM EST

NEW YORK (CNN/Money) - U.S. corporations are contributing millions of dollars in relief aid to tsunami-hit Asia. The following is a list of those that have taken steps to provide aid to the victims who are in need of funds, food and medicine following this weekend's disaster:

Abbott Laboratories -- The company said it will donate $4 million in funds, prescription medicines and nutritionals to assist in relief efforts.

American Express -- The financial services firm said it will donate $1 million. The funds will support the relief efforts of Red Cross and Red Crescent organizations in the affected countries. In addition, the American Express Foundation will match employee donations for relief efforts.

Anheuser-Busch -- The beer company said it is contacting the International Red Cross to offer support. It said it did the same for the hurricane victims recently in the United States.

Alcoa -- The company said it has made grants to the Red Cross and individual regions of the company all over the world have made contributions to the Red Cross as well as other organizations helping with the relief efforts. Alcoa does not have numbers yet in terms of contributions. -- The online auction giant said it has set up a box on its home page to facilitate donations to the Red Cross. The donations will go entirely to tsunami relief efforts.

BP-- The company has committed a million dollars to the International Red Cross and is looking at various themes for staff fundraising which would be matched by the corporation as well.

Bristol-Myers Squibb -- The drugmaker has donated $1 million in cash to the Red Cross relief efforts. In addition, the company is shipping medicines, including antibiotics that can treat up to 75,000 people, to the region. The company told CNN that it is willing and able to increase its donations or do more depending on what it hears back from the relief agencies we are working with and will respond as needed. Employee contributions will also be matched by the company dollar for dollar.

Cisco Systems -- The company and its employees are donating in excess of $2.5 million for humanitarian relief and rebuilding efforts. The donation is comprised of $1 million contributed by the company, as well a minimum of $1 million from the Cisco Foundation to match employee donations. Cisco employees and executives have donated over $460,000, and the company expects this figure to reach $1 million which will be matched dollar-for-dollar by the Cisco Foundation. The donation will be focused on immediate humanitarian relief efforts to assist local victims of the disaster. Cisco is working in concert with nongovernmental associations including the Red Cross and government agencies to determine the best allocations for the donations.

Citigroup -- The banking giant said it will provide $3 million. In addition, the Citigroup Foundation will match employee donations to legitimate non-profit or non-governmental organizations (NGOs) working in support of the South Asia tsunami relief efforts with a corresponding contribution to the Red Cross.

ChevronTexaco -- The oil company said it offered "thoughts and condolences" to the victims and pledged financial aid to the relief efforts.

Coca-Cola -- The beverage giant said its local operations have been coordinating with emergency relief teams, local and international aid agencies including the Red Cross, governmental authorities and NGOs to provide bottled drinking water, basic foodstuffs, medical supplies, survival kits, transportation and distribution assistance as well as financial support and donations of clothes and tents.

eBay -- The auction giant said it is soliciting donations on its homepage.

Exxon-Mobil -- The oil company said it and its employees are contributing $5 million to assist the relief efforts. The Company will also match employee and retiree contributions around the world.

FedEx -- The shipping company said it will be shipping 200,000 pounds of medical supplies to the affected areas. We are doing this for six relief agencies: Direct Relief, Heart- to- Heart, American Red Cross, International Aid, Uplift International, Convoy of Hope

First Data Western Union -- The company said it will make a $1 million donation to the International Federation of Red Cross and Red Crescent Societies to aid tsunami victims.

General Electric -- The company has made an initial donation of $1 million to the Red Cross and $100,000 to UNICEF. The company is also matching cash donations by its employees. The company said it is also working with local officials, because it has GE offices and employees in the affected areas.

General Motors -- The company said it will make a $1 million donation to the Red Cross and match up to $1 million in contributions made by employees to the Red Cross, UNICEF and CARE. In addition, General Motors Corp. will provide vehicles to assist in the movement of medical equipment and supplies in areas affected by the storms.

Intel -- The chipmaker has committed $100,000 in aid. The company said its offices throughout Asia are raising money for victims, and those additional funds will be matched by the Intel Foundation -- dollar for dollar.

Johnson & Johnson -- The consumer products maker is making an initial cash contribution of $2 million. In addition, the company is working with the American Red Cross and will match employee donations to that organization.

JPMorgan Chase -- The company said it is donating a grant of $1 million dollars to relief efforts. In addition, the company is also going to match employee contributions dollar for dollar up to $2 million.

Kaiser Permanente -- The Oakland, Calif.-based hospital operator said it has donated $100,000 to the American Red Cross to assist with the international relief efforts and offers to send physicians to the relief effort.

Merck -- The drugmaker is marking an initial donation of $250,000 to the Red Cross. We are also going to be providing a substantial amount of our medicine but we have not determined what medicines we will be donating. We are working with local agencies to find out what the appropriate drugs are so we can send them to the people who need them the most. We are also asking employees for donations and Merck will match those donations dollar for dollar.

Merrill Lynch -- The brokerage firm said it is donating $1 million to the American Red Cross and its sister organizations, the International Federation of Red Cross and Red Crescent Societies. Locally, Merrill Lynch offices have been quick to mobilize regional responses.

Pfizer -- The world's largest drugmaker said it will donate $10 million to local and international relief organizations, including the American Red Cross/International Red Cross, International Rescue Committee, Catholic Relief Services, CARE, UNICEF, and Save the Children. The company will also contribute approximately $25 million worth of the company's healthcare products, including anti-infective products Zithromax, Zyvox and Diflucan. The company also has a program that will match Pfizer employee donations to non-profit organizations in assisting the relief effort.

Sears -- The retail operator said it is exploring the most effective means of providing assistance. Its subsidiary company, Lands' End, has donated $200,000 worth of merchandise to International Aid.

Starbucks -- The world's largest coffee chain said it has made an initial contribution of $100,000 to two international relief organizations -- CARE and Oxfam UK. In addition to the immediate cash donation to these relief agencies, during January 2005 Starbucks will also donate $2 for every pound of Sumatra, Decaf Sumatra and Aged Sumatra whole bean coffee purchased in its company-operated stores in the U.S., Canada, the United Kingdom, Australia and Germany.

Disney Co. -- The media powerhouse said it will definitely make a donation to the Red Cross and possibly other aid agencies. But due to the holidays its taking longer than usual to round up the executives to make a final decision. The company has a philathropy division which has funds ready for emergency aid situations like this.

Wells Fargo & Co. -- The financial services firm said it will contribute $100,000 to help the victims. The contribution will be to the American Red Cross International Response Fund to provide food, shelter and other emergency needs.  Top of page

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