Verizon announces $250,000 donation to Wounded Warrior Project

Rhea-AI Summary

Verizon has announced a $250,000 donation to the Wounded Warrior Project in honor of Veteran's Day, reinforcing its commitment to the military community. The donation aims to support various programs and services that assist American veterans. Tami Erwin, CEO of Verizon Business, expressed pride in the contributions of military service members within the company, highlighting their role in strengthening both the business and society. Verizon, a leading provider of technology and communications services, reported revenues of $128.3 billion in 2020.

Positive

• Donation of $250,000 to Wounded Warrior Project highlights commitment to military community.
• CEO Tami Erwin recognizes contributions of military personnel to the company's strength.
• Verizon's strong financial performance with $128.3 billion in revenues for 2020.

Negative

• None.

NEW YORK, Nov. 11, 2021 (GLOBE NEWSWIRE) --  To mark the celebration of Veteran’s Day across the U.S, Verizon has announced that it will donate $250,000 to the Wounded Warrior Project, a U.S. based charity supporting a variety of veteran programs and services designed to help American veterans build the future they deserve.

The donation underscores Verizon’s long-standing commitment to the military community across the U.S., and comes off the back of a week of Veteran’s Day celebrations and activities across the company.

“I’m extremely proud of the thousands of military service members and veterans who are strengthening our business every day as part of the V Team”, said Tami Erwin, CEO of Verizon Business. “As executive sponsor of VALOR, Verizon’s employee resource group dedicated to supporting our military community, I’ve seen first hand how committed and proud our servicemen and women are about their time in the military. We are a stronger team, a stronger business, and a stronger society as a result of their contributions, and we are eternally grateful for their service”.

If you would like to make your own donation to the Wounded Warrior Project, please visit their website, at https://www.woundedwarriorproject.org/programs.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology and communications services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Timo Burbidge
timo.burbidge@uk.verizon.com

FAQ

What is Verizon's recent donation for Veteran's Day 2021?

Verizon announced a $250,000 donation to the Wounded Warrior Project for Veteran's Day 2021.

How much revenue did Verizon report in 2020?

Verizon reported revenues of $128.3 billion in 2020.

Who is the CEO of Verizon Business?

Tami Erwin is the CEO of Verizon Business.

What is the purpose of the Wounded Warrior Project?

The Wounded Warrior Project supports a variety of programs and services for American veterans.

What is the significance of Verizon's donation?

The donation emphasizes Verizon's long-standing commitment to supporting the military community.