Posted in Politics

Gannett shares its wealth…sort of

   September 14, 2006

gannettGannett has given 7 grants to local charities – total $30,500

  • Pensacola Habitat for Humanity: $10,000
  • Belmont Arts and Cultural Board: $5,000
  • South Santa Rosa Interfaith Ministries: $5,000
  • Families Count: $3,500
  • Lifeline Outreach International: $2,500
  • Baptist Healthcare Foundation:$2,500
  • Pace Library: $2,000

The Gannett Foundation grants are down from 2005 when the media giant gave $25,000 to Rebuild Northwest Florida and an addtitional $29,432 to six other non-profits.

In 2004, Gannett saw its revenue jump up 10% last year and its net income had a $100 million gain. Last year,total operating revenues rose 4.3 percent to $7.6 billion, a new record. Net income was only $1.21 billion.

We appreciate Gannett sharing  .000025416666666666666 of its profits with the community.

Share:

Rules for Comments

Your comments are welcomed, but there are some rules to follow:

(1) Be Nice. No comments that slander another, no racism, no sexism, no personal attacks.

(2) No Harrassing Comments.

(3) No Libel. That’s saying something is not true about someone. Don’t do it.

(4) Keep it clean. Nothing vulgar, obscene, or sexually related. No profanity or obvious substitutions.

(5) I reserve the right to remove any comments that violate our rules or are inappropriate. I am not responsible for what is posted. Comments may not appear right away until they are approved by a moderator.

(6) Limit your comments to the subject in this story only, and limit comments to 1,500 characters or less. Do not post copyrighted material. Comments will not be added to stories that are over five days old.

(7) No posts may advertise a commercial business, political candidate, or political group. Links in a comment aren’t allowed.

8) Commenting too many times may result in your comments not being allowed. Readers will begin to ignore your views.

9) Email me if you believe a comment violates any of these rules, and it will be deleted.