Verizon Foundation provides $500,000 to support wildfire recovery efforts in Southern California
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Verizon Foundation has announced an additional $500,000 donation to support wildfire recovery efforts in Southern California. This is in addition to the $1 million already pledged earlier this month, with funds directed to the American Red Cross and the Los Angeles Fire Department Foundation.
February 03, 2025 | 9:30 pm
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Verizon Foundation has increased its financial support for wildfire recovery in Southern California by donating an additional $500,000, bringing the total to $1.5 million.
The additional donation by Verizon Foundation reflects positively on the company's corporate responsibility efforts. However, this news is unlikely to have a significant short-term impact on Verizon's stock price as it primarily affects the company's public image rather than its financial performance.
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