Boston, MA 06/13/2014 (wallstreetpr) – On Thursday, Potash Corp./Saskatchewan (USA) (NYSE:POT) announced its donation of $295,000 towards various initiatives related to supplying food to the youth in Regina. The company’s contribution in particular, also went into one of the program called Regina Education and Action on Child Hunger (REACH). Under the program and most importantly post Potash’s funding, the children in Regina will now get food during the summer holidays as well.
$45,000 To REACH Initiative
Executive Director of the program, Dana Folkersen said that lunches are provided to the students throughout the time of operation of school, but then it is not made available during the summer holidays, which is a very important part to look at. Folkersen said that the students and their families relied on the food supplied during the school operating days, but then do not find the much needed availability in summer. Thus, the group has taken the initiative with funds being provided, to reach out to those students, who need food during the summers too.
Food For Summers
At the same time, Potash Corp/Saskatchewan’s representative, Rhonda Speiss said that the company is happy to extend their support to the students and the initiative. Speiss said that the company’s funding will help ensure that the kids are getting the food during the summer. She further added that the company and the group does not want to loose on the course of providing healthy lunches during the summertime.
During the last summer, nearly 12,000 lunches were delivered as a part of the program. Alongside REACH, some of the other beneficiaries of Potash Corp./Saskatchewan (USA) (NYSE:POT)’s donation includes, Regina Public Schools, The Salvation Army and the Regina catholic school Division. While the Salvation Army received altogether $65,000 in funding, Regina’s Public Schools and the Regina Catholic School got a share of $180,000 to be divided among them.
