Thursday, January 06, 2005

FT.com / World / US - US companies hit new level with donations

FT.com / World / US - US companies hit new level with donations: "US companies hit new level with donations
By Dan Roberts in New York and Christopher Swann in Washington
Published: January 6 2005 02:00 | Last updated: January 6 2005 02:00

Donations by US companies have significantly outstripped the corporate response to domestic disasters such as the September 11 attacks or last year's Florida hurricanes.

The Conference Board, a business group that has tracked grants since the December 26 tsunamis in south Asia, said this indicated both the scale of the tragedy and a growing international awareness among US companies.
'Companies were slow to start off with because so many people were out of the office on holidays, but the response has been very strong since then. I can't think of a comparable international or domestic disaster,' said Sophia Muirhead, senior research associate for the Conference Board."

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