MINNEAPOLIS - May 8, 2014
Target Corp. (NYSE: TGT) announced today it has donated $100,000 in monetary support and product to assist with storm and tornado relief efforts impacting many Southern states. The donation includes a $55,000 cash donation to the American Red Cross, $20,000 in gift cards to local non-profits to provide items they need to help the community recover. Target will also donate $25,000 to aid in recovery efforts at impacted schools.
“Communities where we have a presence don’t just represent a store to Target; it’s home to many of our team members and countless valued guests,” said John Mulligan, interim president and CEO, Target. “Our team supports local recovery responses by volunteering and donating product and funds, in addition to making sure our stores closest to the disaster area are able to offer needed supplies. We are proud of the commitment to community our team members exhibit, and hope our support helps to provide relief and comfort during the recovery.”
On May 1, more than 50 team members across eight different Target stores in Arkansas volunteered in the affected communities. Their work included distributing food, medical supplies, clothing, and water; clearing debris from an area roughly the size of eight football fields; and going door to door to help residents with their various needs.
“The Red Cross is on the ground providing critical support to those affected by storms throughout the South,” said Neal Litvack, chief development officer at the American Red Cross. “Thanks to the help of donors, such as Target, we’re able to respond to the needs of disaster survivors in a moment’s notice.”
Target has a longstanding relationship with the American Red Cross, and is a partner as part of the nonprofit’s Annual Disaster Giving Program. In addition, Target teams spend countless hours preparing for disasters of any magnitude and will continue to help communities across the country before, during and after a crisis.
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,916 stores – 1,789 in the United States and 127 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit target.com/corporateresponsibility.
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