Marketwatch.com is reporting that Bob Iger (CEO, The Disney Company) has announced that the Walt Disney Company will donate RMB 1 Million to the China Youth Development Foundation, to help rebuild schools that were devastated in the earthquakes in Chinese providence of Qinghai.

Iger was quoted saying, “”On behalf of The Walt Disney Company, I extend our deepest condolences to the people of China and hope our contribution can help the children and families affected by this terrible earthquake.”

If you’d like to read more, please check out the article on Marketwatch.com