Organizers of AIDS Walk
New York on Wednesday
record-breaking corporate sponsorship levels for the event
despite the current economic downturn. The event is the largest
of dozens of
that will take place in 2009 in cities across the United States
-- including San Francisco, Milwaukee, and Los Angeles -- to
raise money to fight HIV/AIDS.
"In spite of the
recession, today's announcement demonstrates that the New
York business community remains committed to helping those
struggling with HIV/AIDS and preventing new infections here in
the tristate area," said Dr. Marjorie J. Hill, CEO of Gay
Men's Health Crisis, which stages AIDS Walk New York, now in
its 24th year.
increasing donations for 2009 include the drug store chain
Duane Reade and the financial news company Bloomberg L.P. --
each of which doubled support levels from
last year -- and Barclays Capital, which increased its support
after acquiring former sponsor Lehman Brothers.
An estimated 45,000
people are expected to participate in the 10-kilometer
walkathon on May 17, more than half of them representing
corporate teams. Employee teams and major sponsorship comprise
the two kinds of corporate sponsorship for the event.