Monday, January 10, 2005

Star-Telegram | 01/10/2005 | Cash and product donations may exceed charity after 9-11

Star-Telegram | 01/10/2005 | Cash and product donations may exceed charity after 9-11: "Cash and product donations may exceed charity after 9-11

By Adam Geller

The Associated Press


NEW YORK - U.S. companies have donated more than $180 million in cash and products to assist victims of the tsunami that ravaged South Asia two weeks ago -- an outpouring some philanthropy experts say may eventually exceed corporate giving tied to the 9-11 terrorist attacks.
So many corporations have joined donor ranks that the cause is increasingly seen as one that the biggest, most visible companies can ill afford to sit out.
The list is topped by pharmaceutical giant Pfizer's gift of $10 million in cash and $25 million worth of its products. Competitor Merck & Co. is giving $3 million in cash and $7.4 million in products. The Coca-Cola Co. is contributing $10 million."

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