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Corporations Donate Millions to Help Tsunami Victims

Corporations Donate Millions to Help Tsunami Victims

Posted - Dec. 30, 2004 at 2:56 p.m.



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NEW YORK (AP) -- US corporations are donating (m) millions of dollars in cash and supplies to victims of the tsunamis along the Indian Ocean. The amount so far easily eclipses the initial 35 (m) million dollars in aid earmarked by the US government.

The corporate givers include Pfizer, Coca-Cola, Exxon Mobil and Citigroup. Pharmaceutical and health-care products companies are among the biggest donors.

For some corporations with operations in the countries struggling with the disaster, their far-flung enterprises are serving as quick supply routes for aid.

Meanwhile, it's clear the Red Cross and other aid groups are experiencing perhaps the largest surge in donations since Nine-Eleven or the string of hurricanes that hit Florida and the Caribbean this summer.

(Copyright 2004 by The Associated Press. All Rights Reserved.)

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