Donation of $250,000 Brings Company's 2008 Humanitarian Aid Support to Nearly $2 Million
NORTHFIELD, Ill., Sept. 15 /PRNewswire-FirstCall/ -- Kraft Foods Inc.
(NYSE: KFT) today announced it will donate $250,000 in humanitarian aid to
support the victims of Hurricane Ike. The donation consists of $100,000 in
cash and $50,000 in products to the American Red Cross, and $100,000 in
products to Feeding America. Donated products include Kraft favorites such as
Planters nuts, Cornnuts snacks, Honey Maid Grahams crackers and Fig Newtons
and Oreo cookies. The cash donation is expected to feed approximately 7,000
hurricane victims seeking food, shelter and comfort.
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This donation builds on Kraft Foods' long-standing tradition of being one
of the first responders in situations where humanitarian aid is needed. In
total, the company has donated nearly $2 million in 2008 to help victims of
flooding in the Midwestern United States, the China earthquake, Cyclone Nargis
in Myanmar, Hurricane Gustav along the U.S. Gulf Coast and Hurricane Ike.
Since 2000, Kraft Foods has contributed nearly $10 million in cash and
products for global humanitarian aid.
'Food and financial donations are especially important after a disaster
strikes,' said Amina Dickerson, Senior Director, Corporate Community
Involvement, Kraft Foods. 'Our donation of family favorites like Planters
nuts and Nabisco cookies will bring comfort to families and make an immediate,
positive difference during this particularly distressing time. The American
Red Cross and Feeding America are doing an outstanding job of distributing
donations from companies such as Kraft to families affected by the disaster.'
'The American Red Cross is grateful for Kraft's donations to support those
affected by Hurricane Ike,' said Jeff Towers, Chief Development Officer,
American Red Cross. 'Kraft has been a vital supporter during the 2008
hurricane season, providing both financial and product donations.'
'We are extremely grateful to Kraft for their generous donation to help us
provide urgently needed food to the thousands of people whose lives have been
disrupted by the devastation caused by Hurricane Ike,' said Vicki Escarra,
President and CEO, Feeding America. 'We provide food and groceries to more
than 25 million Americans every year, and we simply could not accomplish this
work without the generous help of Kraft, which is a Mission Partner of Feeding
America.'
ABOUT KRAFT FOODS INC.
For more than a century, Kraft (http://www.kraft.com) has offered
delicious foods and beverages that fit the way consumers live. Millions of
times a day in more than 150 countries, consumers reach for their favorite
Kraft brands, including nine with revenues exceeding $1 billion: Kraft
cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese;
Maxwell House coffee; Nabisco cookies and crackers and its Oreo brand; Jacobs
coffees; Milka chocolates; and LU biscuits. Kraft is one of the world's
largest food and beverage companies with annual revenues exceeding $37
billion, more than 100,000 employees and more than 180 manufacturing and
processing facilities globally. The company (NYSE: KFT) is a member of the
Standard & Poor's 500 index as well as the Dow Jones Sustainability Index and
Ethibel Sustainability Index.
SOURCE Kraft Foods Inc.
