Corporate donations to the relief effort in Haiti now total more than $106 million according to the U.S. Chamber of Commerce, surpassing the $100 million in aid initially pledged by the U.S. government.
It is already the fifth largest corporate relief ever, according to the organization, and the earthquake was just ten days ago. "This is incredible, and it's incredibly fast," said Stephen Jordan, Executive Director of the U.S. Chamber's Business Civic Leadership Center.
The organization says 265 companies have donated, 44 of them giving $1 million or more. The top five donors are:
- Teva Pharmaceutical $7,000,000
- Jefferies Group $6,500,000
- Carnival $5,000,000
- Digicel $5,000,000
- Deutsche Bank $4,000,000
Jordan says most of the donations are cash contributions to relief organizations working in the region, but companies are also donating supplies, equipment and personnel. He says the business group is also looking at ways to help beyond the immediate crisis.