Ted Turner pledges $1.1 for Tsunami relief
The United Nations Foundation, established by Media Moghul Ted Turner, has pledged $1.1 million for relief and rehabilitation programmes for the tsunami affected in India through a fund established by it.
Announcing the donation, the foundation said it was also working with Non-Resident Indians to raise additional money through partnerships with corporations, foundations and donors around the world to support the rehabilitation efforts led by the United Nations.
The foundation also promised to match dollar-for-dollar first 100,000 dollars received by it.
A large portion of the Pride in India Tsunami Relief Fund will be utilized by the UN to support rehabilitation needs in communities affected by the tsunami.
Other portions of the Fund will go toward coordinating the rehabilitation programmes.
"The UN Foundation's partnership with the UN in India is an important way to ensure that donations have the intended impact," said Seema Paul, Programme Director for the Foundations India Initiative.
The United Nations Foundation (UNF) was created in 1998 with Turner's gift to support United Nations' causes.
The Foundation has established the Tsunami Relief Funds to support a broad coalition of UN agencies, governments and aid organizations.