Alexander & Baldwin Gives $1.3 Million Statewide
Kokua Giving Program supports 365 Hawaii non-profit organizations
HONOLULU – (April 29, 2014) – Today, Alexander & Baldwin, Inc. (NYSE: ALEX) announced that through its Kokua Giving Program, it supported the charitable and community causes of 365 organizations across Hawaii with $1.3 million from the time of its separation from Matson, Inc. in July 2012 through December 2013. The Kokua Giving Program was established to carry forward the charitable legacy of the Alexander & Baldwin Foundation, and to ensure A&B remains grounded in its decades-old commitment to philanthropy that was instilled by its founders.
“A&B’s roots are in Hawaii. It’s where we have a responsibility and an opportunity to help shape the community, and where we believe we can make a positive impact,” said Meredith Ching, senior vice president, government & community relations. “In addition to our corporate charitable giving, A&B employees volunteered countless hours of their time to numerous charitable causes including building playgrounds, cooking and serving meals, cleaning parks, leading fundraising walks and providing leadership for a broad range of charitable organizations. These are just a few ways A&B makes a difference throughout the state and, are reflective of our commitment to our friends and neighbors.”
The $1.3 million donated encompasses both direct corporate giving and corporate matches of employee gifts, including:
- $420,000 for health and human services programs
- $300,000 for education throughout the state
- $250,000 for community and civic programs
- $200,000 for culture and arts
“We’re proud of the extraordinary generosity of our employees of their time and personal resources,” said Ching. “Their stories, along with stories of A&B’s long-time relationships with four of the numerous organizations we support – Maui Food Bank, Kaunoa Senior Services, Doris Todd Christian Academy, and Maui Interscholastic League – are told in our Review of Giving and through in-depth video stories that are available on line at A&B’s website.”
For more information about A&B’s Kokua Giving Program and expanded stories of the community organizations we impact, please visit A&B’s website: www.alexanderbaldwin.com.
ABOUT ALEXANDER & BALDWIN, INC.
Alexander & Baldwin, Inc. is a Hawaii-based public company, with interests in real estate development, commercial real estate, agriculture, natural materials and infrastructure construction. With ownership of nearly 89,000 acres in Hawaii, A&B is the state’s fourth largest private landowner, and one of the state’s most active real estate investors. The Company manages a portfolio comprising five million square feet of leasable space in Hawaii and on the U.S. Mainland. It owns and operates the state’s only sugar plantation. A&B is also one of Hawaii’s largest natural materials companies and is the state’s largest paving contractor. Additional information about A&B may be found at www.alexanderbaldwin.com.