Date: Oct 12, 2005
Press Release Number: 115-2005
The Port Authority today contributed $364,000 to charities that are providing assistance to the Gulf Coast states severely affected by Hurricane Katrina, one of the worst natural disasters in U.S. history.
Port Authority employees and Commissioners donated $182,000 to the relief efforts, and the bistate agency matched the employee contributions.
The contributions were given to three charities – the Red Cross, Salvation Army and Catholic Charities USA – that are providing critical services to the victims in the affected states.
Port Authority Chairman Anthony R. Coscia said, “The outpouring of support from our employees to those affected by this terrible disaster was extremely generous and heartwarming. Following the 9/11 terrorist attacks, we received tremendous support from residents of the Gulf Coast states as well as those in other parts of the nation, and this is our opportunity to give back to those who need our help.”
Port Authority Executive Director Kenneth J. Ringler Jr. said, “In the days after Hurricane Katrina hit the Gulf Coast states, my staff began to ask how they could help those who lost everything in this disaster. We were told that we could have the greatest immediate impact by providing financial assistance to help the charities provide for those in need. We’re pleased that our contribution, in addition to the employees we sent to the Gulf Coast states, will provide some assistance to the affected areas recovering from this tragic event.”
The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; the Port Authority-Downtown Manhattan Heliport; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan.
The Port Authority is financially self-supporting and receives no tax revenue from either state.