A leading global payment services company will donate $1 million over five years to help Georgia-based Habitat for Humanity build homes in 24 countries around the world. The announcement, made today by Habitat, will expand the scope of MoneyGram Internationals initial commitment to the ministry in 2004.
As a global company, our customers circle the world, said Phil Milne, president and chief executive of MoneyGram. Since we believe in giving back to the communities where we do business, we wanted to find a way to effectively reach each out and make a difference in the lives of people in many corners of the world. With the help of Habitat, we will be able to make a significant contribution to the lives of many people by providing decent and affordable housing.
Last year, MoneyGram donated $200,000 to build 28 homes in 12 countries around the world through Habitat for Humanity, kicking off its worldwide, Global Giving commitment.
This year, MoneyGram has earmarked its donation to build homes in 24 countries, including Argentina, Mexico, China, Uganda, Nigeria, Romania, Bulgaria and the tsunami-ravaged countries of India, Sri Lanka and Indonesia.
We welcome the global scope of MoneyGrams commitment, said Paul Leonard, chief executive officer of Habitat for Humanity International. The dream of decent and affordable housing is one that people around the world share, and Habitat can continue to make that dream a reality for more families with the help of dedicated partners like MoneyGram.
Since MoneyGram launched its "Global Giving" initiative last year on Jan. 5, the company has given back to communities around the world through a company-supported cause program and a new no-fee charitable donation service.
According to Milne, the alliance with Habitat is a natural fit with the MoneyGram Global Giving Program.
And its closely aligned with our corporate purpose of helping people by providing affordable, reliable and convenient payment services, Milne added. People who use our money transfer service are generally sending money home to help their families.
Besides the work with Habitat, the MoneyGram Global Giving Program includes a disaster relief program that utilizes the companys agent network in the U.S. for expediting donations for disaster assistance. As a leading global payment services company, MoneyGram has more than 75,000 agents in 170 countries.
Following the recent tsunami, MoneyGram collected more than $263,000 in donations for the American Red Cross tsunami relief efforts. The company also supports the United Way and numerous non-profit, community-focused organizations and programs.