McDonnell, Capital One make contributions to relief fund
- November 2, 2012
Gov. Bob McDonnell is making a $50,000 contribution to the Virginia Disaster Relief Fund to aid relief efforts in the commonwealth related to Hurricane Sandy.
In addition, McLean-based Capital One Financial Corp. is making a $10,000 donation to the fund as part of its $1 million commitment to Sandy relief efforts in several states.
‘While our neighbors to the north in New Jersey and New York bore the brunt of this unprecedented event, Virginia suffered two fatalities and parts of our Commonwealth were severely affected by Hurricane Sandy,” McDonnell said in a statement. “I saw some of this damage firsthand Wednesday in hard hit communities like Saxis and Sanford on the Eastern Shore. In communities like those, and other areas like Tangier Island and Chincoteague, there is still a great deal of work to be done to clean up and begin the process of rebuilding, and the residents need our help.”
The governor’s office said the $50,000 contribution was money left over from the budget for the National Governors Association 2012 Annual Meeting in Williamsburg. Contributions from corporate sponsors in Virginia reduced the cost of the event. The governors association recommends that excess funds be contributed to nonprofit organizations and causes of importance to the host state.
Capital One ‘s $1 million commitment includes cash contributions of $200,000 in emergency relief grants and an additional $600,000 to support longer-term recovery efforts. This will include support for local organizations assisting families, communities and small businesses as they work to rebuild from the devastation caused by this unprecedented event. Capital One will also match up to $200,000 in contributions made by customers through the Capital One No Hassle Giving site.
Established in 2011, the Virginia Disaster Relief Fund is a state-managed relief fund to financially help Virginia residents impacted by disasters. Proceeds of the fund are distributed as grants to local disaster recovery groups. Grants also can be made to charities and faith-based organizations associated with the Virginia Voluntary Organizations Active in Disasters. To donate to the fund, visit https://payments.vi.virginia.gov/donatenow.