Reaffirms its commitment to communities and clients
Nasdaq, Inc. (Nasdaq: NDAQ) announced today its philanthropic support in response to the Coronavirus COVID-19 pandemic. With our global community experiencing this unprecedented time in history together, Nasdaq is taking action to commit cash and in-kind donations totaling $6 million to COVID-19 response and relief efforts to provide immediate assistance to those who are most at risk.
“The COVID-19 pandemic reminds us that for all our perceived differences, what matters most is universal: taking care of the people in our communities who make our lives meaningful,” said Adena Friedman, President and Chief Executive Officer, Nasdaq. “As a responsible corporate citizen, we strongly believe Nasdaq can contribute in important ways to support our communities as we manage through these challenging times together. This means supporting government authorities and global health organizations in their response efforts, increasing our philanthropic support to organizations focused on supporting small businesses, and providing funds to groups working tirelessly on the front lines of this pandemic to keep our communities safe.”
Commitment to our Communities
As part of Nasdaq’s $6 million philanthropic commitment, a cash donation in total of $5 million will be provided to the following programs in an effort to offer immediate assistance to those impacted by COVID-19 including: the Opportunity Fund’s Small Business Relief Fund to support small business owners, a cornerstone of our economy; the World Central Kitchen’s #ChefsForAmerica relief efforts to provide meals to students, seniors, and vulnerable communities in need; and the World Health Organization’s COVID-19 Solidarity Response Fund to help patients and frontline health workers get the care and essential supplies they need, while also accelerating efforts to develop COVID-19 vaccines, tests, and treatments.
To support local health care providers, Nasdaq has donated 12,000 face masks this month to the Greater New York Hospital Association, and we have an on-going effort to collect additional face masks from our clients, partners, and