Wednesday, October 24, 2007

Alcoa Foundation Contributes $50,000 for Wildfire Disaster Relief

NEW YORK — Alcoa Foundation today announced that it has contributed $50,000 to the Orange County, California Chapter of the American Red Cross for disaster relief efforts following devastating wildfires in Southern California.

The wildfires that began on Sunday have devastated over 200,000 acres of land, destroyed thousands of homes, forced the evacuation of 750,000 residents, and have caused several injuries and fatalities.

Alcoa employs 3,000 people in California at its Alcoa Fastening Systems and Kawneer Company businesses. The company has five operating locations in the affected counties of Los Angeles, Venture and Orange.

Alcoa Foundation is a separately constituted nonprofit U.S. corporate foundation with assets of approximately $534 million. Its mission is to actively invest in the quality of life in Alcoa communities worldwide. Throughout its history, the Foundation has been a source of positive community change and enhancement, with nearly $437 million invested since 1952.

With all of the devastation in California, it's important to see companies lending their support immediately. Alcoa has employees in California and it is possible some of them might be impacted by the fires too. Hopefully other companies will get involved and make a difference too.

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