Partnership helps to ensure preparedness and long-term recovery
The following press release was issued by Good360, a non-profit organization that works with companies to support people in need.
Alexandria, VA - Good360, a global leader in product philanthropy and purposeful giving, announced that TD Bank has donated $25,000 to support disaster recovery efforts.
The donation from TD Bank will have a huge impact on regions recovering from a disaster. For every dollar received, Good360 can distribute a minimum of $10 in needed goods, so this donation will enable the distribution of a minimum of $250,000 in goods to survivors of disasters.
“Building stronger and more sustainable communities is at the heart of all we do,” said Joseph Doolan, TD's Head of Environmental and Community Partnerships. “At TD, we partner with local organizations to support their disaster preparedness and long-term recovery.”
Good360 works with local nonprofits and recovery agencies to determine the exact needs of disaster survivors and mobilize their network of corporate partners to source critically needed goods.
Historically, up to 60 percent of unsolicited goods donated during disasters end up in landfills or otherwise go to waste. Further, 70 percent of all giving happens within the first two months post-disaster, often leaving long-term recovery abandoned.
“TD Bank’s donation will go a long way in making an impact in disaster recovery, ensuring that the right goods get to the right people at the right time during all phases of a disaster,” said Howard Sherman, CEO of Good360. “We welcome TD Bank as one of our newest corporate partners, and we appreciate their dedication to preparedness and planning.”
In addition to their donation, TD Bank organized an event on June 7 at TD University in Mount Laurel, NJ, where 60 colleagues put together 600 response kits to help with disaster preparedness.
“As the heartbeat of TD's community involvement, employees' spirit of volunteering comes to life in so many ways,” said Doolan.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com/us
About Good360
Good360’s mission is to transform lives by providing hope, dignity, and a sense of renewed possibility to individuals, families, and communities impacted by disasters or other challenging life circumstances who, without us, would struggle to find that hope. As the global leader in product philanthropy and purposeful giving, we partner with socially responsible companies to source highly needed goods and distribute them through our network of diverse nonprofits that support people in need. Good360 has distributed more than $9 billion in donated goods around the world, helping its network of more than 75,000 prequalified nonprofits strengthen communities and improve the lives of millions.
Good360 is a registered 501(c)(3) organization. Learn more at https://www.good360.org.
Media Contact:
Lisa Martucci-Thibault, TD Bank
lisa.martucci-thibault@td.com
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