School children across the United States have raised more money for Katrina relief efforts than many major U.S. corporations, according to a non-profit group, RandomKid, which has tracked donations by children.
Over $10 million was raised by school kids through bake sales, lemonade stands, car washes and other fundraisers, according to RandomKid. That's more than almost every major U.S. corporation gave. More than wealthy oil and petrochemical companies, such as Chevron and ConocoPhillips. It's more than what AT&T and Verizon gave combined. And it's more than major brand name corporations like GE and Coca-Cola gave.
Only five U.S. corporations gave more than what was raised by the school kids, according to recently released report by the Foundation Center, a non-profit organization that has tracked Katrina relief donations.
Among the country's top corporate donors to Katrina relief, Wal-Mart is number one at $17 million, followed by Federal Home Loan Bank of Cincinnati ($15 million), Exxon ($13 million) and Freddie Mac and BP Amoco (just over $10 million each), according to the Foundation Center.
RandomKid is an Iowa-based non-profit group, which was founded after a ten year-old girl, Talia Leman, decided to trick-or-treat for Katrina victims last year. Her efforts inspired kids across the country to create their own methods of fundraising, anything from car washing to bracelet making. RandomKid has continued to track those donations.
In December of last year, the group announced that kids from over 4,000 schools across the country had raised over $5 million for the battered Gulf Coast in just three months.