Prudential Financial, Inc. (NYSE:PRU) today announced that it will
donate $250,000 to assist in the relief efforts for survivors of Typhoon
Haiyan in the Philippines.
In addition, the company has opened its PRUCares Disaster Relief Fund
for employee donations to disaster relief organizations. To help
maximize contributions, The Prudential Foundation will match all gifts
to qualified organizations on a dollar-for-dollar basis.
“Our hearts go out to the millions of people in the Philippines who have
suffered devastating loss in the aftermath of Typhoon Haiyan,” said Lata
Reddy, vice president, Corporate Social Responsibility at Prudential and
president of The Prudential Foundation. “While the full impact of the
storm is still being determined, our funding is intended to help
alleviate the immediate needs for water, food and shelter and to
distribute other emergency services.”
The $250,000 will be given to UNICEF, the International Rescue Committee
and to World Vision to support their efforts to help support immediate
relief efforts, especially for children who have been affected by the
disaster.
The Prudential Foundation is a not-for-profit corporation supported by
The Prudential Insurance Company of America, a subsidiary of Prudential
Financial, Inc. (NYSE:PRU). Its grant-making strategy is focused on
education, economic development and arts and civic infrastructure; and
it supports community engagement efforts of Prudential employees through
Matching Gifts and other programs that recognize their volunteer work.
Prudential Financial, Inc. (NYSE:PRU), a financial services leader with
more than $1 trillion of assets under management as of September 30,
2013, has operations in the United States, Asia, Europe, and Latin
America. Prudential’s diverse and talented employees are committed to
helping individual and institutional customers grow and protect their
wealth through a variety of products and services, including life
insurance, annuities, retirement-related services, mutual funds and
investment management. In the U.S., Prudential’s iconic Rock symbol has
stood for strength, stability, expertise and innovation for more than a
century. For more information, please visit www.news.prudential.com.
Copyright Business Wire 2013