BURBANK, Calif., Nov. 12, 2013 /PRNewswire/ -- The Walt Disney Company announced today that it will donate half-a-million dollars to Save the Children and The American Red Cross to support humanitarian aid and rebuilding efforts related to the recent tragedy in the Philippines. In addition, eligible donations from employees to organizations involved in disaster relief will be matched, dollar for dollar up to set limits, by Disney Employee Matching Gifts: A Program of The Walt Disney Company Foundation.
"Our hearts go out to the millions of people in the Philippines affected by this tragedy," said Robert A. Iger, chairman and CEO, The Walt Disney Company. "We hope this donation and our employee matching gift contributions will help families begin to rebuild their lives in the wake of this devastation."
The Walt Disney Company is committed to working with humanitarian organizations to help rebuild affected communities and assist families. Today's announcement is part of Disney's ongoing disaster preparedness and response program. As a proud sponsor of the American Red Cross Annual Disaster Giving Program and Save the Children's Emergency Fund, Disney provides support for disaster relief services, as well as comfort and hope to children in impacted communities.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media. Disney is a Dow 30 company and had annual revenues of $45 billion in its Fiscal Year 2013.
SOURCE The Walt Disney Company