SANTA CLARA, Calif., Oct. 13, 2005 – Intel Corporation’s
philanthropic arm, the Intel Foundation, will donate $1 million for
disaster and humanitarian relief efforts related to the South Asia
earthquake. The Foundation will also match dollar-for-dollar employee
contributions in support of the relief effort through November. The
donation will be provided through the International Red Cross/Red
Crescent Societies and Mercy Corps International.
"Support for our work in the early days of a crisis helps us reach
the neediest victims of a disaster," said Mercy Corps CEO Neal
Keny-Guyer. "As with the Indian Ocean tsunami, we are truly grateful
for Intel’s timely contribution to our Pakistan earthquake relief
efforts."
Intel President and CEO Paul Otellini said, "I know many of our
employees have families and friends in the earthquake impacted areas,
and our hearts and thoughts go out to them and everyone affected by
this tragedy."
Formed in 1988, the Intel Foundation is funded solely through
donations from Intel Corporation for the purpose of developing and
funding educational and charitable programs. Its four member board of
directors is made up of corporate senior managers and is chaired by
Intel Chairman Craig Barrett. Its mission is to strengthen engineering
and computer science education and increase participation in these
fields by women and under-represented minorities; improve mathematics
and science education for elementary school students; and foster the
effective use of computer technology in education. The Foundation also
supports the communities in which Intel has a major presence with
donations to the United Way and through other organizations for
disaster relief.
Intel and its employees this year have donated more than $11 million
in cash and in-kind giving to the victims of Hurricanes Katrina and
Rita. Intel and its employees’ total financial contribution to help
victims of the Asian tsunami was nearly $5 million. In 2004, the Intel
Foundation provided nearly $104 million to communities around the
globe, including disaster relief funding for victims of earthquakes in
Iran, and came to the aid of communities in Turkey, Korea, Pakistan and
other areas impacted by natural disasters.
News Source: Intel Press Release
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