Northern Trust announced that its Foundation & Institutional Advisors (FIA) practice has been selected to provide investment management and social impact advisory services for the Knapp Community Care Foundation and the Knapp Medical Center Foundation.
Submitted by: Northern Trust Corporation
Posted: Aug 28, 2019 – 06:19 PM EST
CHICAGO, IL, Aug. 28 /CSRwire/ - Northern Trust announced that its Foundation & Institutional Advisors (FIA) practice has been selected to provide investment management and social impact advisory services for the Knapp Community Care Foundation and the Knapp Medical Center Foundation. Knapp Community Care Foundation is responsible for helping improve access to healthcare, wellness, nutritional services and education for underserved communities in the Rio Grande Valley of South Texas.
“Knapp Community Care Foundation’s mission of improving the health of families in the Mid-Valley area of Rio Grande Valley is a challenging but important task”, said Yvonne “Bonnie” Gonzalez, Chief Executive Officer of the Foundation. “The Board and I are excited to partner with Northern Trust because of their understanding of our community’s challenges and opportunities, and their expertise in exploring each.”
“Preventative healthcare is one of the most important issues for families in America today, and Knapp Community Care Foundation has provided more than $26 million dollars to children and families since their founding in 2012,” said Darius A. Gill, National Practice Executive, Northern Trust Foundation & Institutional Advisors group. “We look forward to working with the Knapp Community Care Foundation and the Knapp Medical Center Foundation to continue serving health needs in the Rio Grande Valley.”
Knapp Community Care Foundation identifies promising programs to provide improved wellness, fitness, preventative healthcare, and education, access to quality care and nutritional awareness for low income, uninsured or medically underserved populations in the Mid-Valley of South Texas. More information about Knapp Community Care Foundation can be found at https://www.communitycare.today/.
Northern Trust’s Foundation & Institutional Advisors (FIA) group serves nonprofit organizations through sophisticated investment management solutions, strategic insights and world-class resources. Northern Trust provides investment advice, asset servicing and related services to help nonprofit organizations achieve financial and philanthropic goals cost-effectively, collaborating with board and investment committee members to assist with investment oversight. More information about Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.
Northern Trust Social Impact Advisory Services works with board, investment committee and staff to educate and deploy capital as well as valuation and tracking. The Northern Trust team develops strategies to expand traditional grant making and other community activities to help your organization take advantage of program-related investments or other investment structures to create financial and social returns in projects that would otherwise have remained unfunded. More information about Northern Trust Social Impact Advisory Services can be found at https://www.northerntrust.com/what-we-do/wealth-management/nonprofit-services/social-impact-advisory-services.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 20 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2019, Northern Trust had assets under custody/administration of US$11.3 trillion, and assets under management of US$1.2 trillion. For more than 125 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at http://www.northerntrust.com/disclosures.
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