A gold star for contributors to earthquake relief…

January 28, 2010

Last week’s celebrity telethon and other appeals raised a lot of money for relief efforts in Haiti, where current estimates are that the January 12 earthquake in Port-au-Prince affected 3 million people and killed more than 112,000.

We wondered if any publicly-traded companies had filed SEC documents that mentioned efforts to help the beleaguered nation, where there’s a notorious lack of industry and unemployment rates of about 70 percent.

In fact, there have been, and today we—d like to honor them with footnoted’s gold star. Here are the recipients and a brief summary of their contributions:

  • Case New Holland (CNH), which manufactures agricultural and construction equipment, for deploying excavators, wheel loaders, and other equipment to the disaster site within 24 hours, and for offering the use of other heavy construction equipment to the United Nations. The company also made a cash donation of $50,000 and offered to match employee donations (dollar-for-dollar) up to $100,000.
  • Hanesbrands, Inc. (HBI), for supplying humanitarian aid to contract workers and relief agencies. The company has garment factories in Haiti and reported that operations at its plants have resumed. According to its web site, Hanesbrands, Inc. has donated $2.2 million worth of underwear (at wholesale value) to aid agencies for distribution to earthquake victims. It is also providing food, water, and relief supplies to its Haitian workers.
  • Trailer Bridge, Inc. (TRBR), which provides integrated trucking and marine freight service to (among numerous other places) the Dominican Republic. This company partnered with a shipping customer to provide free transportation and trailers for donated medical supplies to Port-au-Prince. (It also leased one of its vessels to the Military Sealift Command (MSC), the transportation provider for the United States Department of Defense’s relief efforts; however, this is a contract, not a donation).
  • Delta Air Lines (DAL), for partnering with the American Red Cross’s relief efforts in Haiti.
  • Dennis Brovarone, a director at Pure Bioscience (PURE), who donated 1,000 shares of common stock to Oxfam Haiti Emergency Relief.

To these companies and Mr. Brovarone, as well as to other companies and individuals who have contributed to the relief efforts — this gold star is for you.

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