Northern Trust announced today that its Foundation and Institutional Advisors group (FIA) has been selected by Miracle Flights, the nation’s leading medical flight charity, to provide investment and strategic advisory services for the nonprofit organization. Established in 1985, Las Vegas–based Miracle Flights provides free commercial air transportation to critically ill children and adults in need of medical care far from home.
“We chose Northern Trust because it is a substantial institution with nearly 130 years of experience and, in particular, it has resources dedicated to serving the financial needs of nonprofit organizations,” said Miracle Flights CEO Mark E. Brown. “Having the expertise of Northern Trust to manage our assets helps ensure the longevity of Miracle Flights, so we can continue our mission of helping children and families in need for years to come.”
Now in its 32nd year, Miracle Flights has provided more than 111,000 free medical flights to help those with rare and life-threatening conditions gain access to specialized, out-of-state medical care.
“We are proud to serve Miracle Flights on behalf of the children and families they serve,” said Darius A. Gill, National Practice Executive, Northern Trust Foundation & Institutional Advisors group. “We look forward to managing the assets of this vital organization that helps children get the best medical care in the country.”
Northern Trust’s Foundation & Institutional Advisors (FIA) group serves nonprofit organizations through sophisticated investment management solutions, strategic insights and world-class resources. Northern Trust provides investment advice, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals cost-effectively, collaborating with board and investment committee members to assist with investment oversight. More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.
About Miracle Flights
Miracle Flights is a 501(c)(3) nonprofit organization that provides free medical air transportation to children and adults via commercial airlines throughout the United States. With over three decades of service to families in need, Miracle Flights has coordinated more than 110,000 flights and counting. For more information about Miracle Flights, to request flight assistance, or to make a donation, call 800-359-1711 or visit miracleflights.org. Like us on Facebook and follow us on Twitter @miracleflights.
Northern Trust Wealth Management specializes in Goals Driven Wealth Management backed by innovative technology and a strong fiduciary heritage. Northern Trust Wealth Management is ranked among the top 10 U.S. wealth managers, with $284 billion in assets under management as of September 30, 2017, and a wide network of wealth management offices across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has offices in the United States in 19 states and Washington, D.C., and 23 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of September 30, 2017, Northern Trust had assets under custody/administration of US$9.7 trillion, and assets under management of US$1.1 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.