Premier retailer FDS exceeds $3mn, Katrina relief fundraising goal
20 Sep '05
3 min read
Largest departmental store operator Federated Department Stores Inc (FDS) announced that it has met and surpassed its target of raising $3 million for Hurricane Katrina relief within the first week of a nationwide effort.
Federated's goal was to raise $1.5 million from customers and employees, with a dollar-for-dollar company match to reach $3 million.
As of today, total contributions to relief efforts from Federated's customers equal $1 million, and including matching gifts from Federated, its Macy's East division and The May Department Stores Foundation, which matched employee contributions from associates at former May Company stores and offices, exceed $3.6 million.
Bonnie McElveen-Hunter, Chairman, American Red Cross stated that the recovery process in the Gulf Coast will be a marathon, not a sprint. Support from our generous and caring partners like Federated Department Stores will again enable the Red Cross to be there for the long haul.
Major Ken Maynor, Divisional Commander, Southwest Ohio and Northeast Kentucky division, Salvation Army stated that they are most grateful for the tremendous generosity of the Federated family. Each donation has provided practical support and blessing, as well as hope and rays of light into the lives of so many.
FDS Chairman, J. Lundgren said that they are immensely grateful to our customers and our associates for coming together with such a powerful and immediate response. From coast to coast, the outpouring of generosity and concern was remarkable.
marketing@alchempro.com
