Donations trickle in
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September 12, 2001: 4:31 p.m. ET
GE, Cisco Systems are among the first to pledge relief-effort funds
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NEW YORK (CNNfn) - As rescue workers continue to sift through the rubble in Lower Manhattan and at the Pentagon in Washington, American companies have begun making cash contributions to the relief efforts.
During a press conference earlier Wednesday, New York City Mayor Rudolf Giuliani said that General Electric Co. (GE: Research, Estimates) has pledged $10 million to support efforts there. Cisco Systems Inc. (CSCO: Research, Estimates) has pledged $4 million, the mayor said.
At the same time, The H. J. Heinz Co. (HNZ: Research, Estimates) Foundation said it is contributing $100,000 to The September 11th Fund, which has been created by the United Way and The New York Community Trust to receive donations.
Contributions made to The September 11th Fund will be deployed to New York, Washington D.C. and other areas affected by Tuesday's terrorist attacks.
Wells Fargo & Co. (WFC: Research, Estimates) said it has contributed $1 million to the American Red Cross, which has requested cash donations to help with a blood-supply emergency. Wells Fargo also said it is encouraging customers at its more than 3,000 branches in 23 states to contribute as well.
First Union/Wachovia Corp. (WB: Research, Estimates) said it contributed $1 million To the American Red Cross National Disaster Relief Fund.
Burlington Resources (BR: Research, Estimates) said it has donated $50,000 to the American Red Cross in response to the blood-supply emergency.
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