JERSEY CITY, N.J.--(BUSINESS WIRE)--ICAP, part of TP ICAP group, the world’s largest interdealer broker, is today pleased to announce that it raised $6.4 million on its 25th annual global Charity Day, held yesterday. ICAP’s North American headquarters, located in Jersey City, NJ, contributed a significant $1.9 million to the company’s total amount raised to a host of charitable organizations.
On Charity Day, 100% of ICAP’s revenues and brokers’ commissions go directly to charities. This year, ICAP supported more than 100 charities globally, having supported more than 2,200 charities since the inception of Charity Day in 1993. This year, more than half of the charities impacted are based in the U.S.
Guests of ICAP’s U.S. Charity Day this year included Sophia Bush, who attended in support of the American Civil Liberties Union (ACLU). She was joined by other celebrity philanthropists including Drew Barrymore, JR Martinez, Wendy Williams, Sugar Ray Leonard, and Tim Tebow. To read more about the celebrities that attended U.S. Charity Day and to download high-resolution photos, please click here.
John Phizackerley, Group Chief Executive Officer, TP ICAP, said: “I’m delighted to see that ICAP Charity Day raised $6.4 million yesterday, bringing the total amount raised in 25 years to over $200 million. This would not have been possible without the ongoing support of our customers, employees, suppliers and our guests.”
“I would like to thank them all for their dedication and goodwill on behalf of ICAP and our charities. The amount raised will make a material difference to hundreds of charities around the world. We look forward to continuing to raise funds for much needed projects and initiatives in the next chapter for Charity Day.”
A full list of the charities ICAP supported this year as well as more information about how ICAP’s donation will make a difference can be found at www.icapcharityday.com.
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2017 U.S. Charities supported by ICAP Charity Day
Sugar Ray Leonard Foundation
Hope for a Healthier Humanity
The Hunter Foundation
Naismith Memorial Basketball Hall of Fame
David Cone Foundation
Jonathan Ogden Foundation
Tim Tebow Foundation
Advocates for Children
Blythedale Children’s Hospital
Hudson County Casa
Hope Autism FDN
Institute for Educational Achievement
Youth Empowerment Project
Children’s Health Fund
The Healing Place
Self Help Africa
Memorial Sloan Kettering
NY Weill Cornell Center
Big Brothers Big Sisters of the Triangle
Children's Tumor Foundation
Sunrise Children's Services
Metro United Way
Kids Cancer Alliance
The American Foundation for Suicide Prevention
Down Syndrome of Louisville
Community Foundation of Southern Indiana
House of Ruth
Background information on Charity Day
ICAP Charity Day was founded in 1993 to grow its charitable giving programme through an innovative fundraising initiative that would make a significant difference to charities. Made possible through its unique position in the financial markets, the Company and its brokers committed to donating all revenues and commissions on one day a year, to a select group of charities around the world to guarantee that they would receive a sizeable contribution to fund much needed projects and initiatives. Now in its 25th year, ICAP, its customers and partners have collectively raised nearly $178 million to date and supported more than 2,200 projects worldwide. www.icapcharityday.com.
ICAP is a leading markets operator and provider of post trade risk mitigation information services. ICAP matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks, post trade risk mitigation and ICAP’s information services, provides data across all key asset classes and offers innovative solutions for real-time, end-of-day and historical products. ICAP is a TP ICAP company. For further information, please visit www.icap.com.