McDonald’s Corporation will contribute $2 million to Japan disaster relief efforts following the earthquake/tsunami last week. Funds donated by the company will be channeled through the International Federation of the Red Cross.

"The devastation in Japan has stunned and saddened the global community, and we're reaching out to help with this contribution," said Jim Skinner, McDonald's CEO. "We send our best to everyone affected by this disaster, including our employees and our customers."

McDonald's has 3,302 restaurants in Japan. As of this date, the vast majority of them are open; fewer than 300 remain closed due to damage or staffing issues.

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