Jefferies' Clients, Employees and Shareholders Contribute $4.5 Million for Hurricane Sandy Relief Ef
Jefferies' Clients, Employees and Shareholders Contribute $4.5 Million for Hurricane Sandy Relief Efforts
NEW YORK, LONDON and HONG KONG--(BUSINESS WIRE)-- Jefferies announced today a total donation of $4.5 million to 23 organizations providing immediate help to victims of Hurricane Sandy. The firm's clients helped to generate over $3.0 million in donations through global net trading commissions on November 7th. Jefferies also contributed $1 million directly, and voluntary donations from the firm's 3,814 employee-partners totaled another $500,000.
"We are pleased to have raised $4.5 million for the relief efforts around Hurricane Sandy. Many of our own families, communities and neighborhoods have been deeply affected by this disaster," commented Richard B. Handler, Chairman and Chief Executive Officer of Jefferies. "We greatly appreciate the participation and support of our clients who directed their trading business to Jefferies on November 7th to help maximize our contribution, as well as all the donations from our own employees who volunteered to give to this cause. It is our honor to provide some assistance to this recovery, and we deeply thank all involved."
Contributions will be immediately distributed and designated for urgent, on-the-ground relief efforts associated with Hurricane Sandy, and will be allocated to the following 23 organizations:
The American Red Cross | $ | 1,000,000 | |
UNICEF | $ | 300,000 | |
AmeriCares | $ | 300,000 | |
The Mayor's Fund for NYC Hurricane Relief | $ | 300,000 | |
Children's Health Fund | $ | 300,000 | |
Robin Hood Rescue | $ | 300,000 | |
Big Brothers Big Sisters of NYC | $ | 300,000 | |
Red Hook Initiative | $ | 200,000 | |
Breezy Point Disaster Relief | $ | 100,000 | |
Barrow Mansion Development of Jersey City | $ | 100,000 | |
Gerrittsen Beach Sandy Relief Fund | $ | 100,000 | |
Visiting Nurse Service of NY | $ | 100,000 | |
$ | 100,000 | ||
Raine Foundation | $ | 100,000 | |
Help The Children | $ | 100,000 | |
All Hands Volunteers | $ | 100,000 | |
Feed The Children | $ | 100,000 | |
The FoodBank of Monmouth County | $ | 100,000 | |
Heart to Heart International | $ | 100,000 | |
Save The Children | $ | 100,000 | |
Best Friends Animal Society | $ | 100,000 | |
Feeding America | $ | 100,000 | |
Shelterbox | $ | 100,000 | |
Total Donations | $ | 4,500,000 | |
Jefferies Group, Inc. (NYS: JEF) , the global investment banking firm focused on serving clients for over 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. The firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income, foreign exchange, futures and commodities, and also select asset and wealth management strategies, in the Americas, Europe and Asia.
Jefferies,
Richard Khaleel, +1 212-284-2556, rkhaleel@jefferies.com
or
Jefferies,
Desiree Maghoo, + 44 20 7029 8085, dmaghoo@jefferies.com
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The article Jefferies' Clients, Employees and Shareholders Contribute $4.5 Million for Hurricane Sandy Relief Efforts originally appeared on Fool.com.
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