December 15, 2005
Tulane University will receive $750,000 from the Hurricane Katrina relief fund raised by former presidents George H.W. Bush and Bill Clinton.
Bush and Clinton announced grants totaling $90 million to universities, faith-based groups and other rebuilding efforts along the devastated Gulf Coast. Of that total, $30 million will go to 32 universities and colleges in the devastated area. The former presidents said the money will aid institutions of higher education in the reconstruction, assisting students displaced by the storm and paying salaries to retain faculty.
In September, Bush and Clinton were appointed by President George W. Bush to lead a fundraising effort for hurricane victims. The Bush-Clinton Katrina Fund is the second successful fundraising effort by the two former presidents. This year, Bush and Clinton also led a drive that raised more than $1 billion to aid victims of the devastating tsunamis in Asia.
Clinton pledged to continue the fundraising effort. "The American people should know that we have not raised nearly enough money to make you whole," former President Clinton said on the announcement trip to New Orleans.
"Universities and colleges are the cornerstones of communities across the region. Helping them get back on their feet is a key to the long-term recovery of the Gulf," said former President Bush.
Added Clinton: "These institutions need to re-establish themselves to give people hope that the foundations of their communities will be there now and in the future. Colleges and universities not only train new workers but they are often the largest employers in their communities."
Nearly 60,000 people have donated to the Bush-Clinton Katrina Fund, for a total of over $100 million in contributions. For more information about the fund, go to: www.bushclintonkatrinafund.org.
Tulane University, New Orleans, LA 70118 504-865-5000 email@example.com