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Monsanto contributes $65,000 to tornado relief and rebuilding efforts in Iowa

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St. Louis, Missouri and Parkersburg, Iowa
June 5, 2008

In the wake of significant tornado damage to the community of Parkersburg, Iowa, Monsanto has announced a $65,000 contribution to relief and rebuilding efforts in Parkersburg. The contribution will be used to assist those who suffered from a sizeable tornado in northeast Iowa that killed seven people and destroyed significant property in the town of Parkersburg and nearby communities. Monsanto operates a manufacturing plant in Parkersburg, but the site was not damaged and is still active and in full operation.

As part of the Parkersburg community, Monsanto will be donating $15,000 to the Parkersburg Tornado Disaster Relief Fund established through the LSB Foundation at Lincoln Savings Bank for assistance with immediate community needs. In addition, Monsanto, through the Monsanto Fund, will contribute $50,000 towards rebuilding the science education program at Aplington-Parkersburg high school.

James E. Thielen, First Vice President / Senior Trust Officer at Lincoln Savings Bank and Manager of the LSB Foundation was moved by the news of Monsanto's generous donation. "On behalf of those who have been affected by the recent storms, the LSB Foundation would like to thank Monsanto for their generosity. The Foundation is dedicated to providing aid to those who have experienced such devastating losses as a result of the tornado." He went on to add, "The relief effort is truly an outstanding example of people helping people in their time of need."

Jon Thompson, Superintendent from the Aplington-Parkersburg School District indicated that, "The communities of Aplington and Parkersburg are fortunate to have a strong sense of community pride, a resilient attitude and a clear vision of what we are working for in the future. This generous contribution, which provides much needed financial support to our new school, also strengthens our hearts as we move forward. The knowledge that people care for one another and their clear willingness to help has served as an inspiration to school staff as we move 'Upward, Onward, and Forward.'"

"We are relieved that all of our employees at Parkersburg are safe even though several suffered significant or total damage to their homes and property," said Kent Martin, Monsanto vice president of US manufacturing.
"Everyone in the Parkersburg community is impacted in some manner through relatives and friends, and as members of the Parkersburg community, it's important to help provide support for all those who were impacted. We hope this contribution will help Parkersburg start to rebuild the community."

About Lincoln Savings Bank and the LSB Foundation

For over a century, Lincoln Savings Bank has been an Iowa-owned institution devoted to serving the financial needs of customers. The LSB Foundation was established at Lincoln Savings Bank for the purpose of receiving charitable donations for the benefit of local communities. Lincoln Savings Bank has offices in Allison, Aplington, Cedar Falls, Garwin, Greene, Hudson, Lincoln, Nashua, Reinbeck, Tama and Waterloo. Visit http://www.mylsb.com/ for more information.

About Aplington-Parkersburg School District

The three school buildings of Aplington-Parkersburg Schools currently serve 830 students daily. The high school was home to 238 students and will find a temporary home within the middle school building in Aplington and will bring that building's enrollment up to 422. Our elementary students from both communities, some 410 strong, will all be housed within Parkersburg Elementary. Temporary classrooms (portables) will need to be established at both sites to provide adequate classroom space. A new high school will be built at the same location on North Johnson Street in Parkersburg.

About Monsanto

Monsanto Company (NYSE: MON) is a leading global provider of technology- based solutions and agricultural products that improve farm productivity and food quality. For more information on Monsanto, see:
http://www.monsanto.com/.

About Monsanto Fund

The Monsanto Fund is the philanthropic arm of the Monsanto Company.
Incorporated in 1964, the Fund's primary objective is to improve the lives of people by bridging the gap between their needs and their resources. The Monsanto Fund is focused on grant-making in four main areas: nutritional well-being through agriculture; science education, primarily on professional development for teachers; the environment, which includes conservation, protection of biodiversity, clean water and restoration of wildlife habitat; and improving the quality of life in communities where Monsanto employees live and work.

 

 

 

 

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