WICHITA, Kan.--(BUSINESS WIRE)--Koch Industries, Inc. announced today it is making an immediate $100,000 donation to support Wichita-area relief efforts following the tornadoes and high winds that hit 10 states in the Midwest and Plains regions over the weekend.
We want these families to know we stand with them as they begin the difficult process of rebuilding their lives.
Half of that amount will go to the American Red Cross, Midway-Kansas Chapter, and half to the Wichita Division of The Salvation Army. In addition, employee contributions to these two organizations will be matched by Koch, up to $100,000, for a combined potential total of $300,000. About 100 families in south Wichita were left homeless when the EF3 tornado plowed through parts of the city on Saturday night. The funds from Koch will be used to help those families stabilize their housing situations.
Wichita is a strong and resilient community with a history of supporting those in need, said Dave Robertson, president and COO of Koch Industries, Inc. We want these families to know we stand with them as they begin the difficult process of rebuilding their lives.
Koch companies employ more than 2,600 people in Wichita and 2,800 in Kansas. Over the last 10 years, Koch and Koch employees have contributed more than $5.5 million in cash and in-kind donations to assist disaster relief efforts around the world.
About Koch Industries, Inc.
Based in Wichita, Kan., Koch Industries, Inc. is one of the largest private companies in America according to Forbes magazine. It owns a diverse group of companies involved in refining, chemicals and biofuels; process and pollution control equipment and technologies; minerals; fertilizers; polymers and fibers; commodity trading and services; forest and consumer products; and ranching. Koch companies have a presence in nearly 60 countries and about 67,000 employees. Since 2003, Koch companies have invested about $45 billion in acquisitions and other capital expenditures. Koch companies directly employ nearly 50,000 people in 43 states and the District of Columbia.