CHICAGO, March 10 /PRNewswire-FirstCall/ -- The Boeing Company (NYSE: BA)
today announced that employee and company contributions to tsunami-relief
efforts in Southeast Asia total more than $4.5 million.
Immediately following the disaster, the company committed $1 million and
announced it would match employee and eligible retiree contributions to the
Employees Community Fund (ECF) for tsunami relief through the end of February.
Employee and retiree contributions totaled $1,809,760 as of Feb. 28. Matching
employee donations dollar for dollar and retirees at 50 cents on the dollar,
Boeing's match equaled $1,787,400. The American Red Cross, CARE, and Mercy
Corps are recipients of this contribution.
"In response to this devastating tragedy, Boeing employees reached into
their hearts as well as their wallets," remarked Rick Stephens, senior vice
president, Internal Services. "This generosity of spirit defines good
citizenship in today's world."
Stephens added that the company remains in close contact with the three
recipient organizations and continues to receive regular updates on the
progress of relief efforts. Contributions are being focused on providing
emergency relief throughout the region as well as long-term rebuilding
efforts.
The Employees Community Fund of The Boeing Company is the world's largest
employee-directed charitable organization, investing an average of $33 million
per year in communities around the globe where Boeing employees live and work.
Employees manage the funds locally at more than 50 Boeing sites and choose the
community organizations that receive help.
SOURCE The Boeing Company
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Related links: http://www.boeing.com
CONTACT: Susan Birkholtz, Boeing World Headquarters, +1-312-544-2927
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