Macquarie Group and Its Employees Donate $100,000 to Hurricane Harvey Relief Efforts
18 September 2017 - 11:00PM
Business Wire
- Macquarie employees led fundraising for
American Red Cross relief efforts in the aftermath of Hurricane
Harvey
- Macquarie staff contributed a total of
$50,000, with another $50,000 matched by Macquarie Group Foundation
to date
- Ongoing and additional staff
fundraising and volunteering activities underway and planned
Macquarie Group Foundation, the philanthropic arm of Macquarie
Group, today announced a $100,000 donation to the American Red
Cross to aid in immediate relief efforts for Hurricane Harvey.
Hurricane Harvey was responsible for producing life-threatening
flooding for both coastal and inland cities in Texas, which is now
declared a federal state of disaster.
"Hurricane Harvey was a devastating storm that forced the city
of Houston and our community into extreme circumstances,” said
Nicholas O’Kane, head of Macquarie’s Houston office. “The response,
dedication and incredible sense of duty displayed by local staff
and our people around the world, have been nothing short of
exceptional. We are incredibly proud of this staff-led fundraising
effort for the American Red Cross and will continue to work closely
with local community organizations to aid with relief efforts.”
In addition to the $100,000 raised by employees for the American
Red Cross, Houston employees are actively volunteering time at the
NRG Center, which serves as a shelter for more than 2,000 displaced
victims. Staff continue to partner with a number of local
nonprofits to assist homeowners in mucking out debris caused by the
storm, as well as collaborating with a food banks to sort, pack and
distribute donated food items.
Macquarie remains committed to relief and long-term recovery
efforts for Houston and the surrounding communities, with several
volunteer events planned in the coming weeks.
About Macquarie Group
Macquarie is a global provider of banking, financial, advisory,
investment and funds management services. Macquarie’s main business
focus is making returns by providing a diversified range of
services to clients. Macquarie acts on behalf of institutional,
corporate and retail clients and counterparties around the world.
Founded in 1969, Macquarie operates in more than 70 office
locations in 28 countries. Macquarie employs approximately 13,597
people and has assets under management of more than $367 billion
(as of March 31, 2017).
About Macquarie Group Foundation
Macquarie Group Foundation supports community organizations
through financial support, volunteering and skills sharing,
predominantly in the communities in which Macquarie employees live
and work. In the year to 31 March 2017, Macquarie Group Foundation,
together with Macquarie Group staff efforts, contributed
approximately $A30 million and 50,000 volunteer and pro bono hours
to over 1,500 community organizations around the world. Since the
Foundation was established in 1985, it and Macquarie staff have
contributed close to $A300 million globally.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170918005166/en/
Macquarie GroupRishi Sharma, +1-212-231-0494Corporate
Communications
Macquarie (ASX:MQG)
Historical Stock Chart
From Mar 2024 to Apr 2024
Macquarie (ASX:MQG)
Historical Stock Chart
From Apr 2023 to Apr 2024