Submitted by: ING
Categories: Philanthropy & Corporate Contributions
Posted: May 20, 2008 – 02:32 PM EST
May 20 /CSRwire/ - Atlanta, GA- May 20, 2008 - ING Americas today announced it is contributing $100,000 (nearly 700,000 RMB) to support earthquake - relief efforts focused on the Sichuan Province in China through its charitable arm, the ING Foundation. This donation is in addition to parent company ING Group's contribution.
ING Americas' contribution is being made to UNICEF China to help with urgently needed relief supplies with an emphasis on providing school kits to support children and education projects amid the loss of school buildings. However, funding will also provide health kits, tents, shelter materials, drinking water and other immediate necessities.
"The devastation in the affected areas is overwhelming," said Rhonda Mims, president of the ING Foundation. "UNICEF is our global partner for our children's education program, ING Chances for Children, and the organization plays a critical role in ensuring not only children, but also individuals and families affected by tragedies have the support they need to more easily recover. We realize that we have a corporate responsibility to help empower the communities in which we operate and our employees live."
The company is also encouraging its employees throughout the Americas region to make personal contributions through its employee giving program.
ING has business operations in China, including life insurance, retail and wholesale banking, and asset management. The company also has real estate operations in the Sichuan Province's cities of Chengdu and Chongqing.
ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 75 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 125,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.
In the U.S., the ING (NYSE: ING) family of companies offer a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation.
About the ING Foundation
The ING Foundation’s mission is to improve the quality of life in the communities where ING operates and its employees and customers live. Through charitable giving and employee volunteerism, the foundation focuses on sustainable programs in the areas of financial literacy, children’s education and diversity.
For more information, visit www.ing.com.