Union Pacific Announces Largest-Ever Disaster Relief Donation to Support Ukrainian Humanitarian Relief

Rhea-AI Summary

Union Pacific has announced its largest-ever corporate disaster relief donation of $500,000 to support humanitarian efforts in Ukraine. This donation will be equally divided between the American Red Cross and Save the Children, prompted by a strong response from employees, who contributed nearly $50,000 in matching funds. The company has implemented a 2:1 match for employee donations to various organizations aiding Ukrainian relief, which is unlimited and separate from their annual match cap.

Positive

• Largest corporate disaster relief donation of $500,000 enhances brand reputation.
• Employee engagement reflected in nearly $50,000 in matching donations highlights corporate culture.

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• None.

OMAHA, Neb., March 23, 2022 /PRNewswire/ --Union Pacific is making its largest-ever corporate disaster relief donation of $500,000 to support humanitarian relief in Ukraine. Giving will be split evenly between the American Red Cross and Save the Children and comes after an overwhelming showing of employee generosity.

Earlier this month, Union Pacific announced a 2:1 match for employees donating to six organizations providing direct support for the Ukrainian people:

• Salvation Army
• American Red Cross
• UNICEF
• Global Giving Foundation
• Doctors Without Borders
• Save the Children

To date, Union Pacific employees have driven nearly $50,000 in matching donations from the company.

"Our hearts are with the Ukrainian people who did nothing to provoke this attack and whose lives are irrevocably changed," said Chairman Lance Fritz. "Our employees' charitable donations clearly demonstrate they're taking a stand with the Ukrainian people, and we're proud to let their generosity guide our corporate contribution to two of many worthy organizations providing immediate aid."

Union Pacific's 2:1 employee match for humanitarian relief is unlimited and will not count toward the company's annual match limit.

ABOUT UNION PACIFIC

Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.

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SOURCE Union Pacific Railroad

FAQ

What recent donation did Union Pacific announce for Ukraine?

Union Pacific announced a $500,000 disaster relief donation to support humanitarian efforts in Ukraine.

How is Union Pacific supporting employee donations for Ukrainian relief?

Union Pacific is matching employee donations at a 2:1 ratio, contributing to several organizations aiding Ukrainian relief.

What organizations will benefit from Union Pacific's $500,000 donation?

The donation will be split between the American Red Cross and Save the Children.

How much have Union Pacific employees contributed to Ukrainian relief efforts?

Union Pacific employees have contributed nearly $50,000 in matching donations.

Is Union Pacific's employee donation match limited?

No, the 2:1 employee donation match for humanitarian relief is unlimited and does not count toward the annual match limit.