The Red Cross figured it needed about $2 billion to respond to this year's Gulf Coast hurricanes. They raised $1.3 billion and have spent almost all of it.
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Friday, October 28, 2005
Red Cross Looking for a Loan
Hurricane Katrina relief efforts have drained the American Red Cross' Disaster Relief Fund. They're seeking a $350 million loan to cover costs -- the first time in its 124-year history the Red Cross has ever had to seek a loan.
The Red Cross figured it needed about $2 billion to respond to this year's Gulf Coast hurricanes. They raised $1.3 billion and have spent almost all of it.
Click this banner to donate.
The Red Cross figured it needed about $2 billion to respond to this year's Gulf Coast hurricanes. They raised $1.3 billion and have spent almost all of it.
Click this banner to donate.
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