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ONEOK, Inc. (NYSE: OKE) today announced that the ONEOK Foundation will contribute $500,000 for Hurricane Harvey relief efforts, which consists of an immediate donation of $300,000 to the American Red Cross of Greater Houston.
The remaining $200,000 will be committed to support ONEOK’s employee-led charitable organization already created to help ONEOK employees in times of personal crisis, and for other Mont Belvieu area agencies assisting with Hurricane Harvey relief efforts. This employee-led organization will be focused on our employees and their families directly affected by Hurricane Harvey. Donations to this organization from employees, retirees and members of the company’s board of directors will be matched on a two-for-one basis by the ONEOK Foundation.
“Hurricane Harvey has impacted our employees directly,” said Terry K. Spencer, ONEOK president and chief executive officer. “Many have sustained significant damage to their homes or have been displaced during this historic flood. We are grateful that everyone is safe and accounted for, but many employees, their families and the surrounding communities will be facing challenges ahead. Our hearts and thoughts go out to everyone impacted by the devastating effects of these powerful storms.”
ONEOK will continue to monitor the needs for recovery in the region.