Cantor Fitzgerald, the financial services firm deeply impacted by the tragic events of September 11, 2001, is once again honouring its tradition of giving back on the 22nd anniversary of 9/11.
According to a New York Post report, in a remarkable act of philanthropy, the company will donate all of its global revenues from trading on this significant day to charitable causes, with the goal of raising between $8 to $12 million.
The heart of this noble initiative is Charity Day, established in 2002, which brings together celebrities and notable personalities to join Cantor Fitzgerald’s licensed brokers on trading floors for a day of transactions dedicated to raising funds. This year, a stellar lineup of celebrity ambassadors, including Nicole Kidman, Keith Urban, Charlize Theron, Patrick Dempsey, Matthew McConaughey, Regina Hall, and former President Bill Clinton, has enthusiastically participated in this charitable endeavour.
The primary beneficiary of these donations is The Cantor Fitzgerald Relief Fund, which was established immediately after the 9/11 attacks and has provided $180 million in direct aid and health benefits to the families of the firm’s lost employees. The fund has also extended its support, donating nearly $380 million to 150 different groups, including disaster relief efforts.
The remarkable resilience displayed by Cantor Fitzgerald, which lost 658 employees, is a testament to their enduring spirit. The company’s headquarters were situated in the North Tower of the World Trade Center, which tragically collapsed. Edie Lutnick, president and co-founder of the relief fund, acknowledged that the firm’s recovery has been challenging but inspiring, with the charity’s success being a beacon of hope.
Cantor Fitzgerald’s commitment to Charity Day and its dedication to making a difference in the lives of others continue to serve as a powerful and poignant tribute to the memory of those lost on 9/11.
