Funds set up for families, scholarships
International Coal Group officials have donated $2 million to begin the Sago Mine Fund, which will provide financial support to the families affected by Monday’s mine explosion.
Twelve of the 13 miners who were trapped for more than 40 hours inside the Upshur County mine were found dead.
ICG owner Wilbur Ross and company President Ben Hatfield announced the fund Thursday.
Anyone who would like to donate to the fund should call (212) 826-2174, or toll free 1-800-811-0441.
Bank One will give a $10,000 grant to the West Virginia Foundation of Independent Colleges and Universities to be used for scholarships for children and grandchildren of West Virginia miners.
Bank One is also contributing $2,500 to the American Red Cross to be used to help the families of miners who lost their lives in the Sago mine accident.
The scholarships will enable miners’ children and grandchildren to access education at nine colleges and universities in West Virginia.
The grants are from the JPMorgan Chase Foundation. Bank One West Virginia will take the name Chase late in the first quarter of 2006.