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Wipro to contribute USD 250,000 to 'Rebuild Texas Fund'

Press Trust of India  |  Bengaluru 

IT major today said it would contribute USD 250,000 to 'Rebuild Texas Fund' to help in recovery and rebuilding efforts in the aftermath of Hurricane Harvey, which left a trail of destruction in the region.

"This unprecedented natural disaster calls for a massive rebuilding initiative. has a significant presence in Texas and a deep relationship with the local communities," CEO and Executive Director Abidali Z Neemuchwala said in a statement here.

"We stand with the people of Texas affected by this natural disaster and hope that stability is brought to the lives of countless families devastated by the hurricane at the earliest," he added.

In order to support affected communities, Wipro would contribute USD 250,000 towards the Rebuild Texas Fund set up by the Michael & Susan Foundation in collaboration with the OneStar Foundation, the statement said.

Wipro has also initiated a voluntary donation programme encouraging contributions from employees.

Wipro will match employee contributions dollar for dollar and this amount will also be donated to the Rebuild Texas Fund, the company said.

The Rebuild Texas Fund is expected to operate for a minimum of one to three years and will be deployed towards relief, recovery and rebuilding the affected areas in Texas, it said.

The four focus areas of the Rebuild Texas Fund include: health and housing, schools and child care, workforce and transportation and capital for small businesses, the company said.

All administrative costs will be covered either by the OneStar Foundation or the Michael & Susan Foundation, which means 100 per cent of donations will go directly towards relief, recovery and rebuilding, it said.

Wipro is also collaborating with First Book, a nationwide non-profit organisation, with the goal to supply books to low-income schools and underprivileged students in the region.

During the first week of October, Wipro will distribute over 18,000 books to children from low income families in Houston, the company said.

Wipro employs over 1,200 people in Texas, with major operations in Dallas and Houston, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, September 13 2017. 20:02 IST