Caterpillar Foundation Donates $250,000 for Venezuela Earthquake Recovery

Caterpillar Foundation Venezuelan earthquake damages
Photo provided by Caterpillar.

As of July 2026, the death toll from this year’s Venezuela earthquakes has reached 5,000. The United Nations Development Programme says the associated property damages have reached more than $6.7 billion, and climbing.

In response, the Caterpillar Foundation has made a $250,000 donation to the South American country’s recover effort, the firm says. Going directly to the Center for Disaster Philanthropy’s (CDP) Global Recovery Fund, the funding will be allocated to both rapid response and long-term recovery across Venezuela, Caterpillar says.

“Our thoughts are with the people and communities of Venezuela who have been impacted by this devastating earthquake,” says Asha Varghese, president of the Caterpillar Foundation. “The loss and disruption caused by disasters like this can be overwhelming, and recovery often requires sustained support from many collaborators.

“The Caterpillar Foundation is committed to standing with communities during times of crisis, and this donation will help provide critical relief and assistance to those affected.”

The CDP is currently collaborating with local non-governmental organizations, the company says, hoping to deploy immediate resources like food and water to those in need. The organization will also be dropping medical supplies, temporary housing, and relief kits, among other items.

Alongside the initial $250,000 donation to the CDP, Caterpillar says the foundation is giving an annual $1 million investment through the American Red Cross’s Annual Disaster Giving Program. The program and the Caterpillar Foundation’s investment will help the Red Cross gather and distribute supplies before a disaster strikes, as well as provide emergency response after said disaster.

“The Caterpillar Foundation’s commitment also extends to Red Cross International Services, helping offer hope and comfort to communities around the world,” the Caterpillar Foundation says. “These vital funds support coordinating with the global Red Cross and Red Crescent network to prepare for and respond to emergencies wherever and whenever they occur. Currently, the global Red Cross network is on the ground supporting the Venezuela earthquake response.”

Martin McConnell

Martin has been a journalist since 2016, and has been covering the manufacturing and business world since late 2024. Along the way, he has covered general news, sports, local business openings and closings, crime and a slew of other miscellaneous topics. Born and raised in Cleveland, he graduated from Cleveland State University in May 2021 with a Bachelor's degree in Journalism and Promotional Communications. He was both news editor and podcast editor of the Cleveland Stater campus newspaper, and believes that CSU is "the best bang for your buck education in the state of Ohio." Martin joined the Benjamin Media Inc. team in late 2025 and primarily focuses on its Solar Builder publication, also filling in on the Compact Equipment magazine and website on occasion. Prior to BMI, his byline has appeared in the Lorain Morning Journal, Rubber News, various ScripType Publishing magazines and a number of online sports publications. When not typing away on his laptop, Martin enjoys watching the three major Cleveland sports teams, which, while only sometimes successful, are never boring. He also enjoys traveling for concerts, retro gaming shows, and other events, in hopes of fulfilling his ongoing quest to visit all 50 U.S. states.

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