49 people were killed and another 53 were injured at a gay nightclub in Orlando, making the terrorist act the deadliest mass shooting in the history of the US.
The entertainment conglomerate announced the cash donation the OneOrlando Fund yesterday and said it would match additional donations from Disney employees, dollar for dollar, reported Variety.
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"With 74,000 cast members who call Orlando home, we mourn the loss of the victims and offer our condolences to their families, friends and loved ones," he added.
Disney said it has been working with public agencies in Central Florida to provide support to those impacted by the shooting.
The company set up five locations around its resorts for employees to donate blood to victims. The company is also providing rooms to families and friends of those caught up in the massacre.
A statement from Thomas Smith, editorial content director for Disney parks, concluded, "Our hearts are with everyone impacted by this horrific event."
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