Workflow
Verizon Foundation Donates $2 Million towards Hurricane Helene and Hurricane Milton Relief Efforts
VZVerizon(VZ) GlobeNewswire News Room·2024-10-13 22:28

Verizon Foundation Donations - Verizon Foundation donates a total of 2milliontosupportcommunitiesaffectedbyHurricaneHeleneandHurricaneMilton[1]−2 million to support communities affected by Hurricane Helene and Hurricane Milton [1] - 1 million is allocated to the American Red Cross for emergency relief and recovery efforts [1] - 400,000isdirectedtoVolunteerFloridaforHurricaneMiltonrelief,focusingonfood,shelter,andrecoveryresources[1]−400,000 is directed to Volunteer Florida for Hurricane Milton relief, focusing on food, shelter, and recovery resources [1] - 600,000 is distributed to organizations in Georgia and North Carolina for Hurricane Helene relief, including 300,000totheNCHurricaneHeleneFund–UnitedWayofNorthCarolina,300,000 to the NC Hurricane Helene Fund–United Way of North Carolina, 50,000 to Second Harvest of South Georgia, 50,000toUnitedWayofGreaterValdosta,50,000 to United Way of Greater Valdosta, 100,000 to Community Foundation for the CSRA, and 100,000totheWeatheredButStrongFund–GeorgiaFoundationforAgriculture[1]ImpactofDonations−Thedonationsaimtoaddressimmediateneedssuchasfoodandshelterwhilesupportinglong−termrecoveryandrebuildinginitiatives[1]−TheAmericanRedCrossexpressesgratitudeforVerizonFoundation′ssupportinprovidingreliefandcomforttodisaster−affectedcommunities[1]−VolunteerFloridahighlightstheimmediateandlastingimpactofthe100,000 to the Weathered But Strong Fund–Georgia Foundation for Agriculture [1] Impact of Donations - The donations aim to address immediate needs such as food and shelter while supporting long-term recovery and rebuilding initiatives [1] - The American Red Cross expresses gratitude for Verizon Foundation's support in providing relief and comfort to disaster-affected communities [1] - Volunteer Florida highlights the immediate and lasting impact of the 400,000 donation on recovery and rebuilding efforts [1] - Second Harvest of South Georgia emphasizes the importance of the donation in providing food and resources to families affected by Hurricane Helene [2] - The Georgia Department of Agriculture acknowledges Verizon's 100,000donationtotheWeatheredButStrongFund,whichwillhelpGeorgiafarmfamiliesrecoverfromHurricaneHelene[3]Verizon′sCorporateProfile−VerizonCommunicationsIncisaglobalcompanyheadquarteredinNewYorkCity,servingnearlyallFortune500companiesandgenerating100,000 donation to the Weathered But Strong Fund, which will help Georgia farm families recover from Hurricane Helene [3] Verizon's Corporate Profile - Verizon Communications Inc is a global company headquartered in New York City, serving nearly all Fortune 500 companies and generating 134 billion in revenue in 2023 [4] - The company focuses on delivering mobility, reliable network connectivity, and security to its millions of customers worldwide [4]