 | Daily Real Estate News | September 7, 2005 |
REALTORS® Relief Fund Exceeds $2.3 Million
Contributions to the REALTORS® Relief Foundation continue to pour in, with nearly 6,000 donors answering the call for funds to help victims of Hurricane Katrina. As of 9 a.m. on Wednesday, $2,324,657 had been raised for disaster relief in Alabama, Louisiana, and Mississippi.
Those funds, which includes the $1.15 million seed donation from the NATIONAL ASSOCIATION OF REALTORS®, will directly help those affected by Hurricane Katrina. NAR will absorb all administrative costs of the project.
NAR launched the fund-raising drive on Aug. 30, a day after Hurricane Katrina struck the U.S. Gulf Coast, with a contribution of $150,000. A day later, as the extent of devastation caused by the storm became more clear, NAR leadership approved an additional $1 million donation to the fund.
Casualties from the hurricane are estimated in the thousands, and millions are believed to be displaced from their homes. At least 9,000 REALTORS® have been affected, according to NAR estimates, more than any other disaster in history.
Contributions are tax deductible and can be made on the secure REALTORS® Relief Foundation Web Site. To donate by mail, send a check, payable to the REALTORS® Relief Foundation, to REALTORS® Relief Foundation, Attn: NAR Finance Division, 430 N. Michigan Ave., Chicago IL 60611.
For more of NAR's coverage of the the hurricane and to learn how REALTORS® can help, visit the Hurricane Katrina Relief page at REALTOR.org.
NAR also has set up a Hurricane Katrina Discussion Board at REALTOR.org for you to share ideas on how to help victims of Hurricane Katrina.
—REALTOR® Magazine Online
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