Lowe's Announces $1 Million Donation for American Red Cross Disaster Relief- Lowe's Stores Nationwide Continuing to Serve as Official Red Cross Donation Sites- Company Matching Contributions Up to $250,000
MOORESVILLE, N.C., Sept. 15 /PRNewswire/ -- Lowe's Companies Inc.
announced today the company will donate $1 million to the American Red Cross
in response to Hurricane Ike. The donation will help the American Red Cross
in its efforts to assist people who have been affected by Ike and other
hurricanes this season.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031205/LOWLOGO )
"Millions of families are suffering from Hurricanes Gustav and Ike
throughout the Gulf Coast," said Jeffrey Towers, chief development officer of
the American Red Cross. "Our core mission involves providing urgent relief and
disaster support for those whose lives and homes have been abruptly thrown
into chaos during this active hurricane season. Lowe's generous donation of
$1 million will help the American Red Cross provide shelter, food, and
counseling for people in the affected communities. I want to thank Lowe's for
its support of the Red Cross mission."
In addition to the $1 million contribution, all 1,575 Lowe's stores
nationwide will continue to serve as official cash donation sites to benefit
the American Red Cross relief efforts for all the 2008 hurricanes. Lowe's
will match in-store contributions dollar-for-dollar, up to $250,000. Since
partnering with the American Red Cross in 1999, Lowe's has raised more than
$17.5 million for disaster relief.
Meanwhile, Lowe's stores along the Texas and Louisiana gulf coasts are up
and running and ready to assist residents beginning to repair their homes. Of
the 58 stores in the Hurricane Ike affected areas, 43 are open regular
business hours, while 14 are open under reduced hours in areas with mandatory
curfews. Lowe's of the Woodlands remains closed.
Lowe's Command Center is working around the clock to obtain the essential
products residents need to recover from the storm, and is expediting those
products to stores as quickly as possible. Lowe's team members throughout the
impacted region and across the country are working to help customers when they
return home, and help relieve affected Lowe's employees so they may attend to
their own homes and families.
ABOUT LOWE'S:
Lowe's is a proud supporter of the American Red Cross, Habitat for
Humanity International, United Way of America, and the Home Safety Council, in
addition to numerous non-profit organizations and programs that help
communities across the country. In 2007, Lowe's and the Lowe's Charitable and
Educational Foundation together contributed more than $27.5 million to support
community and education projects in the United States and Canada. Lowe's also
encourages volunteerism through the Lowe's Heroes program, a company-wide
employee volunteer initiative. Lowe's is a FORTUNE(R) 50 company with fiscal
year 2007 sales of $48.3 billion and has more than 1,575 stores in the United
States and Canada. For more information, visit Lowes.com/community .
ABOUT AMERICAN RED CROSS:
All American Red Cross disaster assistance is free, made possible by
voluntary donations of time and money from the American people. You can help
the victims of thousands of disasters across the country each year, disasters
like the hurricanes of 2008, by making a financial gift to the American Red
Cross Disaster Relief Fund, which enables the Red Cross to provide shelter,
food, counseling and other assistance to victims of disaster. The American Red
Cross honors donor intent. If you wish to designate your donation to a
specific disaster please do so at the time of your donation. Call 1-800-
REDCROSS or 1-800-257-7575 (Spanish). Contributions to the Disaster Relief
Fund may be sent to your local American Red Cross chapter or to the American
Red Cross, P. O. Box 37243, Washington, DC 20013. Internet users can make a
secure online contribution by visiting www.redcross.org .
SOURCE Lowe's Companies, Inc.
