10.22.2024

Northern Trust Charity Trading Day Raises $1m

10.22.2024
Northern Trust Charity Trading Day Raises $1m

Northern Trust held its third Charity Trading Day with employees across the world participating to benefit four charities aligned with Northern Trust’s philanthropic strategy.

As a result of Charity Trading Day, which occurred October 16, 2024, a total of US$1 million will be donated to Habitat for Humanity International, Rise Against Hunger, Ronald McDonald House Charities® and Urban Initiatives.

October is Northern Trust’s signature month of global volunteerism, known as Achieving Greater Together, and Charity Trading Day is at the heart of Northern Trust Asset Servicing’s social impact strategy. The worldwide effort aligns with the company’s long-term community investment strategy designed to drive individual advancement and broader wealth creation.

“Supporting philanthropic efforts is deeply rooted in Northern Trust’s culture,” said Teresa Parker, Northern Trust Asset Servicing President. “Since hosting our inaugural Charity Trading Day in 2022, we have donated more than US$2.5 million to charitable causes from this effort. We are delighted to have continued to make a significant impact in our communities by supporting charities that align with our philanthropic focus: accessible healthcare, affordable housing, educational excellence and food security.”

Charity Trading Day involves hundreds of Asset Servicing employees, from trading and operations to client service and compliance, following the sun across Northern Trust’s trading desks starting in Sydney and on to Singapore, London and Chicago.

“The best part about Charity Trading Day is the support we receive from our clients and trading partners enabling us to create a meaningful impact for our communities together,” said Guy Gibson, Global Head of Banking & Markets at Northern Trust. “I am enormously grateful for their wonderful support in helping us raise awareness for these groups and the amazing work they do in our communities.”

Following the October month of service, employees will also continue to have the opportunity to come together with clients and volunteer for the charities through 2025 in line with Northern Trust’s commitment to give back to the communities in which we live and work.

About Habitat for Humanity International

Since 1976, Habitat for Humanity International has grown to become a leading global nonprofit housing organization, helping families and individuals build and improve places they can call home. Habitat works in local communities across all 50 U.S. states, Puerto Rico, and more than 70 countries, partnering with families, volunteers, and supporters worldwide to ensure more people have access to affordable and safe housing. Learn More.

About Rise Against Hunger

Rise Against Hunger is an international nonprofit growing a global movement to end hunger. Through a global network based in the U.S. and with six international offices, the organization provides meals and other assistance for people facing hunger today. Rise Against Hunger also implements sustainable agriculture projects that support long-term food security and empower communities. Learn More.

About Ronald McDonald House Charities® (RMHC®)

Ronald McDonald House Charities cares for families when they have children who are ill or injured. Through a global network of over 255 Chapters in 62 countries and regions, RMHC provides essential services that remove barriers, strengthen families, and promote healing when children need healthcare. Learn More.

About Urban Initiatives

Urban Initiatives believes every Chicago student should have access to the power of sports and play regardless of their socioeconomic background. For 20 years, UI has hired local coaches and placed them in Chicago Public Schools, advancing their mission to foster academic success, facilitate social-emotional growth, and build social capital in youth by providing free play-based programs. UI’s programs reach over 80,000 Chicago Public School students annually and are on track to serve 100,000 by 2025. Learn More.

Source: Northern Trust

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