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Caritas Partners Dedicates Commissions for Nepal Earthquake Relief Fund

Submitted by: Caritas Partners, LLC

Categories: Philanthropy & Corporate Contributions, Finance

Posted: May 04, 2015 – 09:00 AM EST

 

NEW YORK, May 04 /CSRwire/ - In the aftermath of the devastating earthquake in Nepal, Caritas Partners is providing a sustainable source of support for relief and rebuilding efforts in the most highly impacted areas. Caritas Partners’ preferred charity, Global Impact, has established the Nepal Earthquake Relief Fund to get resources directly to the most respected charities working on-site in Nepal. This partnership represents a mutual commitment to disaster relief, since Global Impact is always on the forefront of relief efforts during the most catastrophic natural disasters.

“Disaster relief demands a collaborative approach to immediate rescue and long-term rebuilding,” said Richard C. Naso, Founder and CEO of Caritas Partners. “Caritas Partners is committed to generating charitable revenue through our corporate and investor partnerships for the extensive relief work that the Nepal Earthquake Relief Fund can accomplish.”

“Thousands of people are suffering as a result of the earthquake in Nepal. Global Impact’s Nepal Earthquake Relief Fund is supporting organizations with boots-on-the-ground providing invaluable help to people affected,” said Joseph Mettimano, Vice President of Global Impact. “We are glad to have companies like Caritas Partners as a supporter of our work throughout the year.”

Join Caritas Partners and Global Impact to provide much-needed relief to Nepal at this critical time. On every transaction executed, Caritas Partners will contribute up to 50% of all gross commissions to the Nepal Earthquake Relief Fund. This revenue will support carefully vetted relief charities in the most affected areas of Nepal to provide clean drinking water, food, shelter, and medical services to the people of the region. Since Saturday’s earthquake, Caritas Partners is expediting the opening of all new accounts and fully staffed to work with current clients to support the relief effort as widely as possible.

To help in this effort, please contact Matthew Krumholtz, Director of Communications, at m.krumholtz@caritaspartnersllc.com

About Caritas Partners, LLC
Caritas Partners is the first Wall Street firm dedicated to sustainable philanthropy and shared value. We offer a cutting-edge share repurchase program that gives corporations a way of creating an untapped stream of revenue for their preferred charities. With every repurchase order we execute, Caritas Partners donates up to 50% of our gross commissions to a charity, foundation, or non-profit entity of our client’s choice. Our model also offers a philanthropic equity trading platform to hedge funds, pension funds, endowments, and family offices. In each transaction, we turn daily trading for companies into financial gain for charities. Together with our corporate and charitable partners, Caritas Partners is putting stock in charity.

For more information, please contact:

Matthew Krumholtz Director of Communications
Phone: 212.624.1179

 

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