MasterCard Donates $10,000 to Rebuilding Together – St. Louis

Grant to assist in the rehabilitation of low-income homes; More than 200 MasterCard St. Louis employees will volunteer time to participate in National Rebuilding Day

St.Louis, April 17, 2008 - MasterCard Worldwide today announced the company is donating $10,000 to Rebuilding Together – St. Louis, a nonprofit that revitalizes neighborhoods in partnership with the community by rehabilitating the houses of low-income homeowners.

On April 19, National Rebuilding Together Day, more than 200 MasterCard St. Louis employees will volunteer to repair seven homes for low-income, elderly and disabled homeowners in the inner city. This is the thirteenth year that MasterCard volunteers have participated in National Rebuilding Together Day.

"National Rebuilding Together Day is an opportunity for our employees to give back to the community and assist families that cannot make essential home repairs," said Rob Reeg, chief technology officer and interim president, Global Technology and Operations, MasterCard Worldwide. "At MasterCard, we believe it is important to not just financially support local organizations, but also offer our time and talent."

During National Rebuilding Together Day, 110 local homeowners will receive assistance. Repairs to these homes help improve neighborhoods and alleviate the burden of costs on elderly or disabled homeowners who may already struggle with their finances. Repairs often result in fewer falls for the homeowner, increased safety and security, and a sense of pride in one’s home.

"MasterCard is proud to help extend the efforts of Rebuilding Together. This is the 13th year that MasterCard employees have volunteered with friends, family and colleagues during National Rebuilding Together Day, making this our longest-running volunteer project in St. Louis," added Reeg. "It is terrific evidence of our volunteers’ dedication to raising the quality of life for families across the region."

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About Rebuilding Together

Rebuilding Together – St. Louis is a not-for-profit organization dedicated to revitalizing neighborhoods by rehabilitating the houses of low-income homeowners, particularly the elderly and disabled, so that they may continue to live independently in comfort and safety. All materials and services are provided at no cost to the homeowner. Rebuilding Together – St. Louis also rebuilds community centers, playgrounds and other community projects. For more information on becoming a volunteer or sponsor, call 314-918-9918 or visit www.rebuildingtogether-stl.org.

About MasterCard Worldwide

MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 18 billion transactions each year, and provides industry-leading analysis and consulting services to financial institution customers and merchants. Through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information go to http://www.mastercard.com.

 

 
 
 
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