GM ESTABLISHES FUND TO ASSIST HURRICANE VICTIMS
GM ESTABLISHES FUND TO ASSIST HURRICANE VICTIMS DETROIT, Aug. 28 /PRNewswire/ -- General Motors Chairman Robert C.
Stempel today announced that GM has established a matching contribution fund that has the potential of raising $1 million to assist victims of Hurricane Andrew.
Mr. Stempel said GM has contributed an initial $250,000 to the American Red Cross 1992 Disaster Relief Fund Campaign and is offering U.S. GM employes and retirees an opportunity to participate in the relief efforts. He said GM will match dollar-for-dollar all contributions from GM employes and retirees up to $500,000 for a combined potential total of $1 million. "General Motors, its subsidiaries, employes and their unions, and retirees have a long history of generosity in meeting the needs of the less fortunate," Mr. Stempel said. Despite these difficult economic times, I am confident they will again join together enthusiastically in this latest effort to help others." GM also is making available employes with expertise in disaster relief efforts to assist victims of the hurricane. GM, its employes, and its retirees have committed support to the American Red Cross totaling more than $2.5 million over the last four years, including support for the Gulf Crisis Fund, California Earthquake Relief Fund, and pledges to Red Cross chapters throughout the U.S. -0- 8/28/92 /CONTACT: James W. Crellin of General Motors, 313-556-2027/ (GM) CO: General Motors Corporation ST: Michigan, Florida IN: AUT SU:
DH -- DE031 -- 4512 08/28/92 15:37 EDT
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|Date:||Aug 28, 1992|
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