August 31, 2005 – The Walt Disney Company Pledges $2.5 Million for Hurricane Katrina Relief
“We hope that our donation will aid emergency management teams and organizations in their efforts to provide assistance to those impacted.” – Then-CEO of the Walt Disney Company Michael Eisner
On August 31, 2005, the Walt Disney Company sent out a press release announcing that it had pledged a $2.5 million contribution to the rebuilding efforts for victims of Hurricane Katrina. A million of the money pledged would go to the American Red Cross for immediate relief, another million would be sent to selected children’s charities, and $500,000 would go to volunteer centers that provided services to the communities most affected by the hurricane.