Caritas Partners Renews Commitment to Nepal Relief
Caritas Partners Helps Companies Target Investment in Nepal Earthquake Relief
NEW YORK, NY, May 12, 2015 – In response to the second deadly earthquake striking Nepal, Caritas Partners expands its commitment to create sustainable investments in relief and rebuilding for the most highly impacted areas. Caritas Partners saw overwhelming support from the corporate community for the impact investing made possible by its cutting-edge philanthropic trading platform. Together with new and established corporate partners and its preferred charity, Global Impact, Caritas Partners is creating a wider stream of philanthropic revenue by donating 75% of gross commissions on the first day of trading to the Nepal Earthquake Relief Fund. This high impact fund, established by Global Impact on April 27, directs resources to the most respected charities working on-site in Nepal.
“After the devastating news of Nepal’s second large-scale earthquake, Caritas Partners stands ready to work with our corporate partners to continue to provide sustainable revenue to support the rebuilding efforts,” said Richard C. Naso, Founder and CEO of Caritas Partners.
“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 a much-needed source of immediate relief and long-term rebuilding to Nepal. On every transaction executed, Caritas Partners will contribute up to 75% 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. 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 email@example.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.