Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Verizon Communications Inc. (VZ), Northrop Grumman Corporation (NOC): My Property Burned Down Last Wednesday

As a writer for The Motley Fool, it’s easy for me to be critical of companies — that’s my job. But watching million and billion dollar companies look past their bottom-line to help fire victims reaffirmed why there’s more to evaluating a company than just finances. CenturyLink, Inc. (NYSE:CTL) offered free call forwarding to fire victims. Verizon Communications Inc. (NYSE:VZ) provided a $10,000 grant to The American Red Cross, 1-1 matching of employee donations, and set up a system where Verizon Communications Inc. (NYSE:VZ) wireless customers could donate $10 by texting STORM or REDCROSS — Verizon Communications Inc. (NYSE:VZ) waved text-messaging fees for this. And unlike DIRECTV (NASDAQ:DTV)‘s initial response to a fire victim that resulted in widespread social media outrage, DISH Network Corp (NASDAQ:DISH) proactively issued a statement saying all equipment damage fees would be waved, fire victims could pause service, and reinstallation fees would be waved.

Even defense heavyweight, Northrop Grumman Corporation (NYSE:NOC), is helping fire victims. For employees that want to help victims by making donations to 501c3 organizations, Northrop Grumman Corporation (NYSE:NOC) will match donations up to $5000 per employee. Additionally, the Northrop Grumman Corporation (NYSE:NOC) Foundation provided a $25,000 grant to the Pikes Peak Chapter of the American Red Cross following the Waldo Canyon Fire. That grant was used to buy medical cots, dividers, and a new disaster trailer. Mark Root, Northrop Grumman Corporation (NYSE:NOC)’s Corporate Director of Media Relations, said, “During the Black Forest Fire, that disaster trailer was immediately put into service. The Executive Director of the local Red Cross has repeatedly thanked us and communicated how important the equipment/supplies were in supporting Red Cross operations during this blaze. In one case, enabled them to offer emergent care to a fire evacuee.”

Through their responses to the Black Forest Fire, the above companies demonstrated that there’s more to them than just profits. And when I evaluate a company’s potential long-term stability and growth, the importance a company places on its reputation and how it treats people, plays a large factor.

We will rebuild
Nothing can completely undo the damage from Black Forest Fire, but nothing will destroy our community. As a community, we’ve bonded together to help. More importantly, we will not forget those that stepped up to help us fight this fire and rebuild. Even now, a year after the Waldo Canyon Fire, signs thanking firefighters are proudly displayed in our city. The same will happen to the signs of thanks for the Black Forest Fire firefighters. We, as a community, will never burn.

Thank-you sign hanging at the entrance to my neighborhood in Black Forest.

My property before …

And after.

The article My Property Burned Down Last Wednesday originally appeared on is written by Katie Spence.

Fool contributor Katie Spence owns shares of Northrop Grumman. Follow her on Twitter @TMFKSpence. The Motley Fool owns shares of Northrop Grumman.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.