This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

GM Foundation Gives $100,000 To American Red Cross

DETROIT, April 20, 2013 /PRNewswire/ -- The General Motors Foundation is providing a $100,000 grant to the American Red Cross to aid emergency management officials with relief efforts, to help provide shelter and meals to those in need and help the organization prepare for and respond to disasters in Texas.

"The recent events in Boston and West, Texas, and the severe flooding impacting many Midwestern states remind us that disasters can happen at any time and it is critical that the Red Cross have the funds to help communities prepare and respond," said David Staszak, divisional vice president of Development at the American Red Cross. Annually, the Red Cross responds to more than 4,000 disasters in the state of Texas assisting nearly 6,000 families.

While headquartered in Detroit, GM has a significant presence in Texas.

"As home to our Arlington assembly plant, we count many Texans as family, friends and neighbors and want to help them in this time of great need," said Selim Bingol, vice president, GM Global Communications and Public Policy and Chairman of the GM Foundation. "All of us extend our condolences to those affected by the West, Texas tragedy. We hope that partnering with the Red Cross will help build more resilient communities across the state."

Since 2004, the GM Foundation has provided more than $7 million to global disaster relief efforts within the United States. In Texas, the GM Foundation last year provided nearly half a million dollars to colleges, nonprofit organizations and students across Texas through its Plant City Grants, Buick Achievers Scholarship Program and University Grants initiatives. In 2013, team GM Cares volunteers will help with neighborhood revitalization efforts in Arlington and Austin as part of the GM Foundation's $1 million grant to Habitat for Humanity International announced in January.

The GM Foundation is a member of the American Red Cross Disaster Responder Program and helps to ensure that the Red Cross has funds on hand to provide immediate relief when disaster strikes.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.
Submit an article to us!
DOW 17,121.76 +70.03 0.41%
S&P 500 1,984.43 +10.80 0.55%
NASDAQ 4,457.3440 +32.64 0.74%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs