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Boeing Donates $1M Towards Hurricane Ida Relief Efforts ($500,000 Donation To American Red Cross)

By John F. Heerdink, Jr.

As per reports, Boeing (NYSE: BA) has announced that it will donate $1 million from the Boeing Charitable Trust to help with disaster recovery and relief efforts in the aftermath of Hurricane Ida. The fund includes a $500,000 donation to the American Red Cross that will assist with food, shelter, water, relief supplies, and other efforts to hard-hit areas across the South, including the Northeast United States, and Louisiana.

“Our thoughts are with all our friends, neighbors and teammates in Louisiana and the Northeast who are dealing with the unprecedented impacts from Hurricane Ida. Through our corporate charitable donations and through the personal donations of our employees, the full Boeing team stands ready to assist those hardest hit by this devastating storm,” stated Jennifer Lowe, Boeing’s vice president of National Strategy & Engagement.

The remaining $500,000 will fund additional local organizations to help communities with short and longer-term needs such as clean up, repairs, and rebuilding, including support cleanup and recovery efforts, nourishing meals for communities in need, emergency food resources to those in need, food distribution across the state, and supporting military veterans and their families who have been impacted by Hurricane Ida.

Relief efforts in Louisiana and the Northeast are in line with Boeing’s ongoing commitment to the communities where the company serves and has a presence. Boeing is active and engaged in Louisiana and the Northeast region of the U.S., and has contributed $8.7 million in charitable contributions over the last five years. 

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.


Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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(Read Original Story: Boeing Donates $1 Million to Assist With Hurricane Ida Recovery and Relief Efforts in NewsDirect)


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