The Edmond J. Safra Philanthropic Foundation Gives $1 Million To The American Red Cross Katrina Relief Effort

American Red Cross
Friday, 9 September 2005

In response to the devastation caused by Hurricane Katrina, the Edmond J. Safra Philanthropic Foundation has donated $1 million to the American Red Cross for the hurricane relief effort.

"The American Red Cross is mounting the most ambitious response to a natural disaster in our considerable history," said Marsha J. Evans, Red Cross President and CEO. "We are grateful to the Edmond J. Safra Philanthropic Foundation for coming forward with urgently needed financial help."

The sheer volume of people affected, as well as the extensive geographical area impacted will require long-term massive feeding and sheltering operations for many months to come. More than 144,000 square kilometers of the Gulf Coast have been affected-about the same size as Great Britain.

The Philanthropic Foundation, established by the late Edmond J. Safra and continued in his memory, is dedicated to helping those in need the world over. Those affected so profoundly by the hurricane are in urgent need and the Edmond J. Safra Foundation is pleased that it is able to assist the American Red Cross in its vital work.

Commenting, Mrs Lily Safra said: "The tragic consequences of the terrifying hurricane along the Gulf Coast have been felt the world over. If our Foundation can help, in any way, it is only too glad to be able to do so. The American Red Cross' aid is of huge importance at times like these and I have no doubt that their tireless and selfless work will be both much needed and much appreciated in Louisiana, Mississippi, Alabama and beyond."

About the American Red Cross

The American Red Cross is where people mobilize to help their neighbors—across the street, across the country and across the world—in emergencies. Each year, in communities large and small, victims of some 70,000 disasters turn to neighbors familiar and new—the nearly 1 million volunteers and 35,000 employees of the Red Cross. Through almost 900 locally supported chapters, more than 15 million people gain the skills they need to prepare for and respond to emergencies in their homes, communities and world. Some 4 million people give blood—the gift of life—through the Red Cross, making it the largest supplier of blood and blood products in the United States. The Red Cross helps thousands of U.S. service members separated from their families by military duty stay connected. As part of the International Red Cross and Red Crescent Movement, a global network of 181 national societies, the Red Cross helps restore hope and dignity to the world's most vulnerable people. An average of 91 cents of every dollar the Red Cross spends is invested in humanitarian services and programs. The Red Cross is not a government agency; it relies on donations of time, money, and blood to do its work. Marsha J. Evans is the President and CEO of the American Red Cross. Bonnie McElveen-Hunter is Chairman of the American Red Cross.

For more information, or to contact American Red Cross, see their website at: www.redcross.org

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