Aerojet Rocketdyne and Its Philanthropic Foundation Increase Support for California Wildfire Victims and First Responders
November 29 2018 - 6:08PM
Aerojet Rocketdyne today announced that as a result of the
generosity of employee contributions to California wildfire
disaster relief efforts, the company has increased its
dollar-for-dollar match to $100,000. Approximately 2,200 of Aerojet
Rocketdyne’s 5,000 employees live and work in the greater
Sacramento and Los Angeles regions of California.
In addition to the increased giving match, provided by the
Aerojet Rocketdyne Foundation, Aerojet Rocketdyne also is donating
$25,000 each to the American Red Cross Disaster Relief Fund and the
California Fire Foundation Benevolent Fund, a program that directly
supports the firefighters and their families who have been impacted
by the recent fires. In total, the donations from the company and
its employees to relief efforts could potentially reach
$250,000.
“Hundreds of our employees, customers and suppliers were
impacted through the extraordinary devastation caused by the
wildfires in both Northern and Southern California,” said Aerojet
Rocketdyne CEO and President Eileen Drake. “In the midst of the
tragedy, the dedication of the first responders in both regions,
dozens of whom lost their own homes in the fires, was beyond
inspiring. As we increased our assistance to the American Red Cross
relief efforts for impacted residents, we felt it was important to
directly support the firefighters who have battled on the front
lines and risked their lives daily to protect our communities.”
Aerojet Rocketdyne regularly supports relief efforts for natural
disasters around the country through a long-time partnership with
the American Red Cross. Since 2001, employee donations matched by
the Aerojet Rocketdyne Foundation have funded nearly $1 million to
support recovery efforts in communities throughout the United
States. Since 1999, the Aerojet Rocketdyne Foundation also has
contributed more than $12.5 million to schools and nonprofit
organizations through grants, scholarships and matching gifts that
support the company’s commitment to Science, Technology,
Engineering and Mathematics (STEM) education.
About Aerojet Rocketdyne: Aerojet Rocketdyne, a
subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), is a
world-recognized aerospace and defense leader that provides
propulsion systems and energetics to the space, missile defense and
strategic systems, and tactical systems areas, in support of
domestic and international customers. For more information, visit
www.Rocket.com and www.AerojetRocketdyne.com. Follow Aerojet
Rocketdyne and CEO Eileen Drake on Twitter at @AerojetRdyne and
@DrakeEileen.
About The Aerojet Rocketdyne Foundation: The
Aerojet Rocketdyne Foundation, the individual philanthropic arm of
the company and its U.S.-based subsidiary companies, Aerojet
Rocketdyne and Easton Development Company, was established in 1999
to provide charitable resources in the communities where the
company does business and where its employees live, work and
volunteer.
Media Contacts:Steve Warren, Aerojet
Rocketdyne, 703-650-0278Steven.Warren@Rocket.comLynn Machon,
Aerojet Rocketdyne, 916-355-3587Lynn.Machon@Rocket.com
Aerojet Rocketdyne (NYSE:AJRD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Aerojet Rocketdyne (NYSE:AJRD)
Historical Stock Chart
From Apr 2023 to Apr 2024