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
TheStreet Open House

Three More Worthy Causes To Benefit From Norfolk Southern's Art Sale

Stocks in this article: NSC

NORFOLK, Va., Dec. 9, 2013 /PRNewswire/ -- The sale by Norfolk Southern (NYSE: NSC) of a work of art at an auction last month will benefit three more charitable causes in addition to the previously announced donation to the Fire Up 611! campaign, the Norfolk Southern Foundation announced.

"Each one of these organizations plays an important role in enriching a community where Norfolk Southern has a major presence," said Norfolk Southern CEO Wick Moorman. "These donations will be transformative for each of them, and we feel fortunate to be able to share the sale's proceeds with them."

A $500,000 donation to ACCESS College Foundation will allow the Norfolk organization to expand programming and provide those "last dollar" scholarships to students in Hampton Roads, many of whom are first generation college students. ACCESS College Foundation provides a path to attend and complete college for students who may not otherwise have the opportunity

Feeding America Southwest Virginia will receive $252,000 to purchase a new roof, allowing the Roanoke, Va., food bank to replace a roof that has far exceeded its useful life. The organization feeds Southwest Virginia's hungry through a network of partners and engages the region in the fight to end hunger.

The Harrison Museum of African American Culture in Roanoke will receive $25,000 that will enable the museum to purchase exhibits and displays. The Harrison Museum of African American Cultures, Inc. (HMAAC) is a cultural and educational institution committed to advocating, showcasing, preserving and celebrating the art and history of African Americans for Roanoke Valley citizens and visitors.

On Nov. 14, Norfolk Southern sold an untitled 1959 Mark Rothko painting through an auction in New York City. The company announced at that time that it would direct $1.5 million of the proceeds to the Virginia Museum of Transportation's campaign to restore the Class J 611 steam locomotive to service.

Norfolk Southern Corporation is one of the nation's premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 20,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

Connect with NS http://www.nscorp.com http://www.facebook.com/NorfolkSouthern  http://www.flickr.com/photos/norfolksouthern  http://www.twitter.com/nscorp  http://www.youtube.com/user/norfolksoutherncorp http://www.nscorp.com/nscportal/nscorp/RSS/rss.html

 

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 16,399.67 +19.26 0.12%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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