Northern Trust Donates More Than $14 Million in 2010

Published on Tuesday, 15 March 2011 10:03 Written by TradersHuddle Staff

CHICAGO-( Business Wire )-

Northern Trust Corporation announced today that it awarded approximately $14.2 million in contributions to nonprofit organizations worldwide in 2010. Approximately 80 percent of Northern Trust donations focused on social welfare and educational services for low- and moderate-income families. Additionally, Northern Trust partners across the globe contributed nearly 200,000 volunteer hours to nonprofit and non-governmental organizations.

“Northern Trust looks for opportunities to support communities around the world where we do business, from China to Chicago,” Northern Trust Chairman and Chief Executive Officer Frederick H. Waddell said. “Each year, we expand our horizons in identifying needs and responding with time, talent or resources. In 2010, for example, Northern Trust partners in offices as far away as Singapore pitched in to deliver an impressive response to the earthquake in Haiti – a total of nearly $600,000 in employee and corporate donations to the Red Cross for Haitian relief efforts.”

Other organizations benefiting from Northern Trust’s 2010 support include:

• Christel House: Located in Bangalore, India, Christel House is a free-of-charge school for children from the most underprivileged backgrounds. Northern Trust’s support helps the organization fulfill its goal of ending the cycle of poverty through education.
• The United Way of Metropolitan Chicago: Northern Trust and its employees raised more than $3 million during Northern Trust’s 2010 United Way Campaign. Northern Trust is the United Way of Metropolitan Chicago’s No. 1 corporate contributor.
• CLIC Sargent: Northern Trust partners in London devoted both funds and volunteer hours for CLIC Sargent, a UK-based charity for children with cancer. Northern Trust assisted in the ‘Home from Home’ project that provides families free accommodations close to pediatric oncology centers.

Philanthropy is an important component of corporate social responsibility at Northern Trust. An integrated, comprehensive and global platform for corporate social responsibility at Northern Trust includes a focus on community affairs, diversity and inclusion, environmental awareness, and socially responsible investing.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2010, Northern Trust had assets under custody of US$4.1 trillion, and assets under investment management of US$643.6 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A, incorporated with limited liability in the U.S.

The Northern Trust Company, London Branch (reg. no. BR001960), Northern Trust Global Investments Limited (reg. no. 03929218) and Northern Trust Global Services Limited (reg. no. 04795756) are authorised and regulated by the Financial Services Authority.

The material within and any linked material accessed via this communication is directed to eligible counterparties and professional clients only and should not be distributed to or relied upon by retail investors. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.

• Northern Trust (Guernsey) Limited, Northern Trust Fiduciary Services (Guernsey) Limited, and Northern Trust International Fund Administration Services (Guernsey) Limited are licenced by the Guernsey Financial Services Commission.
• Northern Trust International Fund Administrators (Jersey) Limited and Northern Trust Fiduciary Services (Jersey) Limited are regulated by the Jersey Financial Services Commission.
• Northern Trust International Fund Administration Services (Ireland) Limited and Northern Trust Fiduciary Services (Ireland) Limited are regulated by the Central Bank of Ireland.
• Northern Trust Global Services Limited has a Netherlands Branch which is authorised and regulated in the Netherlands by De Nederlandsche Bank.
• Northern Trust Global Services Limited has a Luxembourg Branch which is authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Luxembourg Management Company S.A. is regulated by the Commission de Surveillance du Secteur Financier (CSSF).
• Northern Trust Global Services Limited operates in Abu Dhabi as a Representative Office, Licence number 13/238/2008 which is authorised and regulated by the Central Bank of the United Arab Emirates.
• The Northern Trust Company operates in Canada as The Northern Trust Company, Canada Branch which is an authorized foreign bank branch under the Bank Act (Canada). Trustee related services in Canada are provided by the wholly owned subsidiary The Northern Trust Company, Canada, an authorized trust company under the Trust & Loans Companies Act (Canada). Deposits with The Northern Trust Company and its affiliates and subsidiaries are not insured by the Canada Deposit Insurance Corporation.
• The Northern Trust Company operates in Australia as a foreign authorised deposit-taking institution (foreign ADI) and is regulated by the Australian Prudential Regulation Authority.
• The Northern Trust Company of Hong Kong Limited is a securities company regulated by the Securities and Futures Commission.
• The Northern Trust Company has a Singapore Branch which is a foreign wholesale bank regulated by the Monetary Authority of Singapore.
• The Northern Trust Company has a branch in China regulated by the China Banking Regulatory Commission
• Northern Trust Global Investments Japan, K.K. is regulated by the Japan Financial Services Agency.
• Northern Trust Global Services Ltd (UK) Sweden Filial is Authorised by the Financial Services Authority and subject to regulation by the Finansinspektionen.
• Northern Trust Global Investments Limited has a Netherlands branch which is authorised by the Financial Services Authority and subject to regulation in The Netherlands by the Autoriteit Financiële Markten.
• Northern Trust Global Investments Limited has a Sweden branch which is authorised by the Financial Services Authority and subject to regulation in Sweden by the Finansinspektionen.

Northern Trust CorporationNorth America & Asia-Pacific Contact:Doug Holt, +1 312 557 1571Doug_Holt@ntrs.comorEMEA Contact:Camilla Greene, +44 (0) 207 982 2176Camilla_Greene@ntrs.comhttp://www.northerntrust.com/cts