December 7, 2005
Wednesday
Dec 07
2005

Press Release: Announcement of Major Bush-Clinton Katrina Fund Grants

New Orleans, LA
Press Release

First Grants Target Education, Faith-Based Needs, and Governors’ Funds.

Presidents George H.W. Bush and William J. Clinton today announced several major grants from the Bush Clinton Katrina Fund including $30 million in grants to Gulf region higher education institutions devastated by Hurricane Katrina, a $20 million grant for a ministerial partnership with local and regional faith-based organizations, and an initial disbursement of $40 million divided amongst the three states of Louisiana, Mississippi and Alabama for their recovery and relief funds.

Presidents Bush and Clinton also announced a collaborative partnership between the Bush-Clinton Katrina Fund and the United Negro College Fund on behalf of the Historically Black Colleges and Universities that were devastated by Hurricane Katrina.

These grants come from the millions generously donated to the Bush-Clinton Katrina Fund to benefit the hundreds of thousands of hurricane and flood victims.

At today's event, held at the University of New Orleans, Presidents Bush and Clinton addressed the importance of getting higher education institutions up and running as quickly as possible.

"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.

"These institutions need to reestablish 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," said former President Clinton.

Working with universities and colleges throughout the region, the $30 million in funding will go toward repairs, reconstruction and replacement of equipment due to physical damage on campuses; assist students who left school due to its closure and/or their relocation after the hurricane, and; salaries and benefits paid to retain and support faculty and staff who were/are not working because of school closures. [List of schools receiving grants]

Presidents Bush and Clinton also stressed the importance of helping faith-based organizations recoup from their recovery efforts.

"In the immediate aftermath of Hurricane Katrina, local and national churches and religious organizations were tremendously helpful in providing for the needs of the people of the Gulf Coast, but at extreme financial strain," said former President Clinton

"We need to make sure these organizations can continue to provide their necessary services to the community, and that they are not punished for doing such important work," added former President Bush.

Money donated to the governors' funds will be used to fill gaps and community needs unmet by local, state, and national relief and rebuilding efforts.

The Bush-Clinton Katrina Fund also announced two co-trustees who will guide the fund on behalf of the two presidents. Former Commerce Secretary Don Evans and former Labor Secretary Alexis Herman will serve in those roles. Herman is the current chairman and CEO of New Ventures. Evans is chairman of the Financial Services Forum.

"Alexis and Don are outstanding public servants who continue to give to their country everyday. Helping us guide the fund is just another example of that service. We are lucky to have them," said Presidents Bush and Clinton.

For more information on the Bush-Clinton Katrina Fund and how to make a donation to the fund visit: www.BushClintonKatrinaFund.org.


Schools Receiving Grants:

Dillard University
Tulane University
Xavier University of Louisiana
Loyola University New Orleans
Our Lady of Holy Cross College
Saint Joseph Seminary College
Southern University at New Orleans
Elaine P. Nunez Community College
University of New Orleans
Delgado Community College
Sowela Technical Community College
Louisiana State University Health Sciences Center
Louisiana Technical College
McNeese State University

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