Wednesday, March 22, 2006

Verizon to Donate on Retirements or Death

Verizon to Donate on Retirements or Death: "erizon to Donate on Retirements or Death

The Associated Press
Tuesday, March 21, 2006; 1:41 PM

NEW YORK -- Most Verizon Communications Inc. directors will send a gift either when they retire from the telecom company's board or when they die: The company will make a total of $8.5 million in donations to the charities of their choice.

Of the company's 13 directors, nine qualify for programs that will send donations to qualified charities or educational organizations upon their retirement or death."

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