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PRESS RELEASE: SanDisk Donates $200,000 To Tsunami Relief Efforts
SUNNYVALE, CA, JAN 4, 2005-SanDisk Corporation (NASDAQ:SNDK) announced today that its Charitable Fund has donated $200,000 to eight different organizations that are working in relief efforts to aid the victims of the Southeast Asia earthquake and tsunami. The funds were allocated through the Community Foundation Silicon Valley.
"The need to respond quickly to a crisis such as this tsunami disaster reinforced for us the effectiveness of our corporate philosophy for organized charitable contributions and our use of the Community Foundation as an effective vehicle," said Judy Bruner, SanDisk executive vice president of administration and chief financial officer. "Having made donations on a regular basis to the SanDisk Fund at the foundation, SanDisk was able to quickly request that donations be made from the fund to multiple charitable organizations. We were able to rely on a trusted entity-the Community Foundation Silicon Valley-to ensure that the funds were quickly and properly distributed."
The organizations receiving the funds included the American Red Cross, UNICEF, Save the Children, Doctors Without Borders, Oxfam America, AmeriCares, Mercy Corps and Direct Relief International.
SanDisk's Human Resources Department will be pleased to provide information to other companies that may wish to commence a similar charitable fund.
SanDisk Community Sharing Program-SanDisk is committed to being an asset in the communities where our employees live and work. The company supports our communities by regularly donating to non-profit charities and foundations. To learn more or apply for a local grant: http://www.sandisk.com/corporate/community.asp
SanDisk is the original inventor of flash memory cards and is the world's largest supplier of flash data storage card products using its patented, high-density flash memory and controller technology. SanDisk is headquartered in Sunnyvale, CA and has operations worldwide, with more than half its sales outside the U.S.
SanDisk's web site/home page address: http://www.sandisk.com
SanDisk and the SanDisk logo are trademarks of SanDisk Corporation, registered in the U.S. and other countries.
(First posted on Tuesday, January 4, 2005 at 14:20 EST)