Cantor Fitzgerald, the financial services firm that lost 658 employees within the Sept. 11, 2001, attacks, is giving back.
The corporate, in what has been a practice, is donating to charity — including The Cantor Fitzgerald Relief Fund — all its global revenues from trading in the course of the twenty second anniversary Monday.
The firm is hoping to boost $8-12 million.
Launched in 2002, Charity Day invites celebrities and other guests to hitch Cantor Fitzgerald’s licensed brokers on trading floors to conduct transactions and lift funds.
Among the many celebrity ambassadors invited this yr are Nicole Kidman and her husband Keith Urban, Charlize Theron, Patrick Dempsey, Matthew McConaughey, Regina Hall, and former President Bill Clinton.
The relief fund began immediately after 9/11 and has provided $180 million in direct aid and health advantages to families of its perished staff.
It has also donated nearly $380 million overall — including to 150 groups.
Cantor Fitzgerald is donating all its global revenues from trading in the course of the twenty second anniversary Monday. POOL/AFP via Getty Images
In recent times, hundreds of thousands of dollars has been earmarked for victims of natural disasters like hurricanes in Puerto Rico, victims of Super Storm Sandy in Recent York, tornadoes in Oklahoma and fires in California, said Edith “Edie” Lutnick, president and co-founder of the relief fund and the brother of CEO Howard Lutnick.
The success of the charitable group highlights the resiliency of Cantor Fitzgerald, which has emerged stronger after the devastating lack of personnel at Ground Zero.
Howard Lutnik — CEO before and after 9/11 — stays in charge.
Charity Day invites celebrities reminiscent of former President Bill Clinton and other guests to hitch Cantor Fitzgerald’s licensed brokers on trading floors to conduct transactions and lift funds.Getty Images for Cantor Fitzgerald
The relief fund has provided $180 million in direct aid and health advantages to families of its perished staff. Getty Images for Cantor Fitzgerald
The corporate’s headquarters was positioned on the highest floors of the World Trade Center’s north tower that collapsed.
“We lost two-thirds of our workforce,” Edie Lutnick said.
Edie and Howard Lutnick also lost their younger brother, Gary, who worked for the firm and died within the attacks.
The firm accounted for a few quarter of those killed within the attack on the World Trade Center complex — greater than every other entity, including the town Fire Department, which lost 343 responders.
“You’re never OK. You discover a recent normal,” Edie Lutnick said.
Actress Regina Hall, Nicole Kidman, Keith Urban, Charlize Theron, Patrick Dempsey, Matthew McConaughey and former President Bill Clinton were invited to take part in the charity this yr.Getty Images for Cantor Fitzgerald
Howard Lutnick donated $1 million to the trouble and asked his sister to run The Cantor Fitzgerald Relief Fund, which could be reached at www.cantorrelief.org.
“It’s the best accomplishment in my life,” she said of the charity fundraising.