Press release
Northern Trust Releases Latest Philanthropic Impact Report
CHICAGO--(BUSINESS WIRE)-- Northern Trust (Nasdaq: NTRS) donated more than $14 million last year to non-profit organizations around the world that are
About this update from Northern Trust Corporation
[{"type":"text","content":" CHICAGO--(BUSINESS WIRE)--\nNorthern Trust (Nasdaq: NTRS) donated more than $14 million last year to non-profit organizations around the world that are working to provide food and housing security, healthcare access and educational opportunities.\n\nAdditionally in 2024, Northern Trust contributed $70 million to the Northern Trust Foundation for future charitable gifts, and employees gave nearly 120,000 hours of their time to support charitable organizations globally. Over the past decade, Northern Trust has donated $240 million to nonprofits worldwide.\n\nThese key data points – and some of the stories behind the numbers – are detailed in Northern Trust’s 2024 Philanthropic Impact Report.\n\n“This report outlines important work done by Northern Trust and our employees in all corners of the globe, supporting individuals with food and housing security, healthcare access and educational opportunities,” Chief Social Impact Officer Shana Hayes said. “Studies show that when essential human needs are met, benchmarks of long-term financial success—career opportunities, savings and home ownership—rise substantially, and paths to improved opportunity become more accessible. In support of those paths, Northern Trust continues to deploy our long-term community investment strategy designed to drive individual advancement and broader wealth creation.”\n\n“I’m also thrilled that our employees set a new record for volunteerism in 2024, dedicating time during our global month of service and throughout the year to benefit 2,000 organizations and countless individuals.”\n\nIn all, Northern Trust’s Philanthropic Impact in 2024 included:\n\n\nFood Security: 4,255,935 meals provided\n\n\nAffordable Housing: 252,189 nights of safe shelter\n\n\nQuality Education: 47,871 students received guidance and education\n\n\nAccessible Healthcare: 158,326 individuals received healthcare services\n\n\nNorthern Trust offers staff two paid days annually to volunteer with charitable organizations and awards grants for eligible charitable organizations where our employees volunteer. During “Achieving Greater Together,” our signature month of service in October, employees hosted blood donation drives in India, walked shelter dogs in Luxembourg, packed hygiene kits for the unhoused in the Philippines, assisted with food donations in the United Kingdom and prepared me...