SEATTLE--(EON: Enhanced Online News)--For more than a decade, Russell Investments has sent holiday cards to its clients around the globe and made a special charitable donation on their behalf. This year, the global financial services firm and creator of the Russell Indexes donated $25,000 to CARE, a leading humanitarian organization dedicated to fighting global poverty.
“Russell's generous donation will directly enable our efforts to shift from the transition phase to rehabilitation as we focus on sanitation and hygiene, shelter, health and educational support.”
CARE leads numerous efforts to address the underlying causes of poverty and provide emergency relief around the world. Russell’s donation will go directly to CARE’s Haiti Emergency Response Fund, which is dedicated to supporting a multi-year effort to help Haitian families and individuals recover after the January 12, 2010 earthquake that resulted in 222,517 deaths and left more than 1.5 million men, women and children displaced from their homes and communities.
As the anniversary of the earthquake approaches, more than 3.7 million Haitians still struggle to meet their families’ daily needs according to CARE. CARE’s response efforts are focused on maintaining a clean water supply, building sanitation services and transitional shelters, and working to minimize the impact of a recent cholera epidemic that has affected more than 100,000 people.
To date, CARE has reached nearly 450,000 Haitians with tents, tarps, shelter kits, kitchen sets, hygiene kits, delivery and newborn kits, food and safe water. In recent months, CARE has also supported the recovery effort with cash-for-work programs and the construction of temporary shelters and latrines.
"Based on decades of experience, CARE understands that a disaster of this magnitude requires a long-term response to help survivors rebuild their homes, infrastructure and lives. As such, our response efforts include three phases: relief, transition and rehabilitation," explained François Desruisseaux, CARE Haiti's director of disaster response. "Russell's generous donation will directly enable our efforts to shift from the transition phase to rehabilitation as we focus on sanitation and hygiene, shelter, health and educational support."
Erik Strom, director of government and community relations for Russell Investments said, "Corporate giving is just one of the ways in which Russell demonstrates its genuine focus on people and its commitment to serving as a corporate citizen. Through our annual holiday card contributions and other programs, Russell supports the communities around the globe in which our associates live and work, as well as those in other parts of the world that are in need of assistance.”
About Russell Investments
Founded in 1936, Russell Investments is a global financial services firm that serves institutional investors, financial advisors and individuals in more than 40 countries. Over the course of its history, Russell’s innovations have come to define many of the practices that are standard in the investment world today, and have earned the company a reputation for excellence and leadership. The firm has $149 billion in assets under management (as of 9/30/10).
For more information about how Russell helps to improve financial security for people, visit us at www.russell.com.
Russell Investment Group, a Washington, USA corporation, operates through subsidiaries worldwide including Russell Investments. Russell Investment Group is a subsidiary of The Northwestern Mutual Life Insurance Company.
Russell Investments is the owner of the trademarks, service marks and copyrights related to its indexes.