Stock Under $10 with 50-100% upside potential - 14 Days FREE!

Allstate And The Allstate Foundation Commit Up To $1.2 Million To Help Rebuild Local Communities After Sandy

Stock quotes in this article: ALL 

NORTHBROOK, Ill., Nov. 6, 2012 /PRNewswire/ -- Allstate and The Allstate Foundation announced today that up to $1.2 million for Sandy relief and recovery efforts will be available through the creation of a recovery fund and a company match.

The new fund, supported through a $1 million allocation from The Allstate Foundation, will support local nonprofit organizations in affected areas that have capacity and capabilities but need resources to help people rebuild their lives. The Allstate Foundation will use its national reach into local communities to identify eligible nonprofit organizations. Local relationships of Allstate agents will be leveraged with awards made to organizations where agency owners volunteer.  The identified nonprofits will be eligible for grants up to $5,000.     

"We take a comprehensive approach to helping communities rebuild after catastrophes," said Thomas J. Wilson, Allstate CEO, chairman and president. "Thousands of our employees and agency owners are working around the clock in difficult conditions to help customers find places to live, get clothes to wear, connect with loved ones and assess their damage. We will continue to support them as they begin to rebuild their lives."   

In addition to the Foundation-supported fund, Allstate employees and agency owners are coming together to donate up to $100,000 to the American Red Cross Disaster Relief Fund. Allstate is providing a dollar-for-dollar match on all employee and agency owner contributions that will result in up to a $200,000 combined donation.

As a part of an overall commitment to disaster response, The Allstate Foundation earlier this year partnered with Feeding America to provide more than 1,000,000 meals and recently launched a partnership with Points of Light to provide emergency planning education for families around the country.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
TRY IT FREE

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
Dividend Stock Advisor
TRY IT FREE
New! $49.95/yr

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREE

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Real Money
TRY IT FREE

24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.

Product Features:
  • Jim Cramer + 20 Wall Street pros
  • Intraday commentary & news
  • Real-time trading forum
  • Actionable trade ideas
Real Money Pro
TRY IT FREE

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass + 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
TRY IT FREE

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 15,303.10 8.60 0.06%
NASDAQ 3,459.14 -0.28 -0.01%
S&P 500 1,649.60 -0.91 -0.06%
US 10 Yr 2.011% -0.012

Brokerage Partners

Advertising Partners
Special Features

Free Newsletters from TheStreet

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy. Manage Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs