Company makes an initial corporate donation of US$125,000 to support relief efforts and will match all employee contributions
NEW YORK, November 13, 2013 — BNY Mellon, the global leader in investment management and investment services, announced today it is making an initial corporate donation of US$100,000 to the International Federation of Red Cross and Red Crescent Societies to support relief efforts in the Philippines in the wake of Typhoon Haiyan. The company is also donating a further $25,000 to help Stop Hunger Now ship 100,000 packed meals to the Philippines. BNY Mellon will match employee individual donations toward Typhoon Haiyan relief efforts, dollar for dollar, through the company's Disaster Relief Matched Giving Program.
Steve Lackey, Asia-Pacific Chairman, BNY Mellon, said: "It has been so difficult to witness the catastrophic losses experienced by the victims and their families of Typhoon Haiyan. Our thoughts are with our local staff, their families and countrymen during this difficult time."
BNY Mellon is a major supporter of the Red Cross in times of greatest need and has designated Red Crosses as the supported charities in its Disaster Relief Matched Giving Program. BNY Mellon and its employees around the globe donated more than US$33 million and volunteered more than 50,000 hours in 2012. Learn more about BNY Mellon's philanthropic programs at www.bnymellon.com/csr.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of September 30, 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on http://www.bnymellon.com/, or follow us on Twitter @BNYMellon.