New York (HedgeCo.net) – Youth, I.N.C. (Improving Nonprofits for Children) announced that Piper Jaffray, a leading global middle market investment bank and institutional securities firm, will sponsor Trading Day for Kids for a third consecutive year. Youth, I.N.C. has strong connections to Wall Street, and its Board of Directors includes a number of leaders in the private equity and hedge fund community who dedicate their time to this cause.
“Trading Day for Kids embodies Youth, I.N.C.’s mission of linking talent and resources from the for-profit sector with promising nonprofits.” said Steve Orr, Executive Director and Founder of Youth, I.N.C.
Now in its sixth year, Trading Day for Kids has engaged more than 390 institutional investors and raised nearly $6.5 million for Youth, I.N.C.’s capacity-building programs. Institutional investors can support Trading Day for Kids by directing all equity trading activities on October 20 to Piper Jaffray and designating “Youth, I.N.C.” as the beneficiary of trading commissions.
“Trading Day for Kids allows the corporate community to give back to promising charities looking to build their capacity and serve more youth. We are proud to be able to continue our relationship with Youth, I.N.C,” said Thomas Schnettler, President and Chief Operating Officer of Piper Jaffray. “We believe that Youth, I.N.C. is a tremendously effective organization that is vital to helping these small organizations achieve long-term sustainability, and we encourage the financial community to support this cause.”
In conjunction with Trading Day, Piper Jaffray will host a “Mentor Day” on October 18. Thirty high school students representing three of Youth, I.N.C.’s partner organizations, including CampInteractive, FIVER Children’s Foundation, and Trail Blazers, will spend the day at the firm.