Northern Trust announced today it has designated $150,000 to Superstorm Sandy relief efforts through the American Red Cross. It also has committed to match employee donations worldwide to the American Red Cross, British Red Cross and the International Federation of Red Cross and Red Crescent Societies.
Northern Trust has nine offices located in the Northeastern U.S. from Washington DC to New York to Boston. "As evidence of Sandy's devastation continues to mount, we are fortunate that all our partners and locations remain safe," Northern Trust Chairman and Chief Executive Officer Frederick H. Waddell said. "Northern Trust is committed to supporting the communities in which we live and work, and it is our responsibility to support those in need as the region makes its way towards recovery."
In recent years, Northern Trust has supported disaster relief efforts for the Japan earthquake and Pacific tsunami (2011), floods in eastern Australia (2011) and the earthquake in Haiti (2010).
Northern Trust gave nearly $14 million in cash contributions to charitable organizations worldwide in 2011, and more than $72 million during the last five years.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2012, Northern Trust had assets under custody of US$4.8 trillion, and assets under investment management of US$749.7 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.