Verizon Foundation donates $100,000 to support Hurricane Ida relief efforts in Louisiana
Verizon announced a $100,000 donation to the Foundation for Louisiana to aid communities impacted by Hurricane Ida.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Verizon announced a $100,000 donation to the Foundation for Louisiana to aid communities impacted by Hurricane Ida. This contribution supports the Hurricane Ida Relief Fund for Evacuation and Recovery. Verizon's commitment reflects its dedication to community support during crises, as highlighted by executive statements emphasizing the necessity of public-private partnerships in recovery efforts. Additionally, Verizon encourages customers to donate through text messages to aid organizations like World Central Kitchen and The Salvation Army, reinforcing its community-focused approach.
Positive
- Donation of $100,000 to support Hurricane Ida relief efforts.
- Reinforcement of Verizon's commitment to community support during crises.
Negative
- None.
Details
News Market Reaction – VZ
The recorded move for VZ in the trading session of this news was +0.42%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BASKING RIDGE, N.J., Aug. 31, 2021 (GLOBE NEWSWIRE) -- In light of the devastation left in the wake of Hurricane Ida, the Verizon Foundation is making a
“The communities where we work and live are the lifeblood of our business. Supporting our customers, neighbors and friends during a crisis is what we do best,” said Ronan Dunne, executive vice president and CEO of Verizon Consumer Group. “We are committed to helping Louisianans recover from this catastrophic storm.”
“We've been on the ground supporting public safety and emergency response operations and have seen the impact of this storm first-hand," said Jennifer Chronis, senior vice president of Public Sector for Verizon. "We know the recovery will require partnership from the public and private sector and stand ready to continue our support as we recover and rebuild."
“For 16 years, the Foundation for Louisiana has been a mission-critical philanthropy that ensures all Louisianans are included in designing an effective recovery in disaster and strengthening communities out of disaster time,” said Flozell Daniels, Jr., CEO & President, Foundation for Louisiana. “Verizon has been a stalwart partner in resourcing these efforts and holding a true commitment to Louisiana’s people. This is our second time working with Verizon to respond to our communities and we appreciate the consistent support.”
Verizon customers can help provide relief to those impacted by Hurricane Ida by texting to donate to the following:
Text FOOD to 80100 to make a one-time
Text GIVE to 52000 to make a one-time
For more information on Verizon’s response to Hurricane Ida, please visit our website: https://www.verizon.com/about/news/verizon-response-hurricane-ida.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of
VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.
Media contacts:
Heidi Flato
925.324.8692
Heidi.Flato@verizon.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.