PNC Foundation Commits $300,000 to Hurricane Sandy Relief
PNC employee contributions also to be matched up to $150,000
PITTSBURGH, Nov. 1, 2012 /PRNewswire/ -- The PNC Foundation today announced that it will donate $150,000 to the American Red Cross and $150,000 to the Salvation Army for relief efforts in areas affected by Hurricane Sandy. The foundation also will match PNC employee contributions to the American Red Cross, Salvation Army and Americorps up to a total of $150,000.
"The devastation caused by Hurricane Sandy affected many communities with strong ties to PNC," said James E. Rohr, chairman and chief executive officer of The PNC Financial Services Group, Inc. "We hope donations from the PNC Foundation and PNC employees will help our neighbors as they begin to rebuild."
The PNC Foundation, which receives its principal funding from The PNC Financial Services Group (NYSE: PNC), actively supports organizations that provide services for the benefit of communities in which it has a significant presence. The foundation focuses its philanthropic mission on early childhood education and community and economic development, which includes the arts and culture. Through its signature cause, Grow Up Great, PNC has created a $350 million initiative to enhance early childhood education and school readiness.
SOURCE The PNC Foundation