$76 million in corporate Harvey relief pledges unredeemed
HOUSTON (AP) — Millions of dollars in corporate pledges for relief to Hurricane Harvey victims are still unredeemed two months after the storm clobbered the upper Texas Gulf coast.
A Houston Chronicle review found that at least $76 million in relief donations pledged by companies, foundations and individuals still haven’t been delivered.
The Chronicle asked 18 charities that were among the biggest beneficiaries of corporate pledges, nine of which disclosed what they were promised against what they had received. Those charities received about $315 million in pledges, meaning they were still waiting to receive about 24 percent of the promised donations.
Doug White, former director of the nonprofit management program at Columbia University and now an adviser to donors, called the delays unacceptable.
Information from: Houston Chronicle, http://www.houstonchronicle.com