Friday, March 5, 2010

HP Foundation gives $500K to Chile earthquake relief

by: Sacramento Business Journal


Hewlett-Packard Co. said Thursday that its internal foundation made a $500,000 donation for relief and recovery efforts to Chile.

Palo Alto-based H-P (NYSE:HPQ) said the grant will be split down the middle between two organizations actively involved in the post-earthquake relief efforts, the American Red Cross and Doctors Without Borders.

H-P said it also launched a global fundraising program among its employees in all countries where it operates. The company has launched a dedicated Web site for employee donations, and the Hewlett-Packard Co. Foundation has committed up to $250,000 to match eligible employee contributions in a bid to raise an additional $500,000.

The Hewlett-Packard Co. Foundation recently donated $500,000 to aid Haiti relief efforts following the earthquake that devastated the country last January. In September 2009, the Foundation donated $350,000 to help the victims of Typhoon Ondoy in the Philippines.

H-P has an estimated 2,500 employees at its Roseville campus and another 1,000-plus at the former EDS facility in Rancho Cordova
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God's blessings through HP Co. Foundation.  Providing great products and paying it forward. =)

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