NEW YORK (TheStreet) -- If given the necessary energy, private organizations around the world can make a huge difference in helping the refugee crisis, TripAdvisor (TRIP) - Get Report CEO Steve Kaufer said on CNBC's "Squawk Box" this morning.
A record 65 million people were forced to flee their homes last year due to war, totaling to 24 men, women and children being displaced every minute, the U.N. refugee agency United Nations High Commissioner for Refugees (UNHCR) reported.
In lieu of this crisis, TripAdvisor joined the effort to help. The online travel company donated $14 million to bring refugees food and water and ultimately resettle them, according to Kaufer.
TripAdvisor also allows employees up to five days off if they wish to volunteer to the cause.
"We have a number of our employees in Paris, for instance, who are going to the local shelters helping to teach job training skills, building up resumes, offering computers that we're not using in order to help the folks that are already in France get resettled in a better way," he noted.
Kaufer believes people want to help but may not know what to do. If every private company pulled together and offered the same initiatives TripAdvisor does, refugees will get the help they need.
Shares of TripAdvisor are flat at $63.08 before Monday's market open.
Separately, TheStreet Ratings rated TripAdvisor as a "hold" with a score of C.
The primary factors that have impacted our rating are mixed. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself.
You can view the full analysis from the report here: TRIP
TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.