The efforts of just 3,814 employees generated some $4.5m for Hurricane Sandy Relief Efforts.
It's Jefferies again.
Here's what CEO Richard Handler and President Brian Friedman sent to their crew:
Dear Team Jefferies,
Once again, each of you stepped up to help make a big difference in the lives of good people in their time of need. In this case, it was our neighbors and friends who were harmed by the massive Hurricane Sandy. You did not have to give personally. You did not have to devote a day asking for help from our clients. You didn’t have to put others ahead of yourself—none of this is in any of your official job descriptions. We would like to thank each one of you for once again showing why our firm is so special. It is our honor to be working alongside each of you every day. Let’s finish the next few weeks as strong as possible.
Rich and Brian
Jefferies’ Clients, Employees And Shareholders Contribute $4.5 Million For Hurricane Sandy Relief Efforts
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
Stephen Siller Tunnel To Towers Foundation - $ 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