We believe that it’s important to open opportunities for our company and employees to make a difference by helping others in our communities. We pursue that goal through financial support and volunteering both our time and talents.
Engaging and investing in the communities where we live and work is part of our culture. We deliver financial support through the ICE NYSE Foundation, corporate sponsorships, mentoring and volunteering. Employees are eligible to participate in a matching program for charitable contributions so we can help support the causes they advocate for.
Our philanthropic efforts focus on financial literacy and support for veterans as well as input from our employees from their local communities.
Matching Gift Funding
Recipients of our matching gift program include universities and other educational institutions, health organizations (covering the spectrum of health issues from autism to cancer), food banks, environmental groups, global aid organizations, the arts and veterans. Nearly 400 organizations have benefitted from employee donations and matching gifts during 2016 including:
Supporting Our Communities in 2016
Below are some examples of programs that we support:
• Every year, on behalf of our customers, we donate to the relief efforts of the Red Cross, which provides humanitarian aid amid disasters large and small, provides vital blood services, connects service members with their families and supports preparedness training. Our donations support relief efforts both in the United States and internationally. In 2016, these services reached victims of a number of natural disasters, including floods, tornadoes, storms and wildfires. In addition, the Red Cross has a long tradition of helping and hiring military veterans, which also aligns with our commitment to support those who have served our country.
• We are honored to continue our support for the Institute for Veterans and Military Families at Syracuse University as a Corporate Partner. Our commitment benefits the Institute’s hands-on programs, which focus on helping veterans and military families make the transition to post-service life. The support assists the growth of existing education and employment programming and seed development of new programs, initiatives and publications. We also support other organizations affiliated with veterans such as Veterans on Wall Street.
• Over the past several years in partnership with Habitat for Humanity, our Atlanta-based employees have helped construct new homes from start to finish for working families. On Saturdays from May through July our team joined other local companies to help build the framework for a new home, install siding and windows, sand and stain doors, lay roofing, spackle and paint walls, landscape and perform other tasks. Click here for a detailed story and photos of the house that we helped build for a local single mother and her son in 2016.
• As part of our company’s commitment to financial literacy we support The Museum of American Finance, based in New York City. The museum is the nation’s only independent museum dedicated to preserving, exhibiting and teaching about American finance and financial history. Housed in an historic bank building on Wall Street near the New York Stock Exchange, the Museum provides a setting for permanent exhibits on the financial markets, money, banking and entrepreneurship. The museum also sponsors educational programs, including sessions featuring speakers from the NYSE. The museum is open to the public.
• Our employees participate each year in the JP Morgan Corporate Challenge series in multiple cities. The JP Morgan Foundation makes locally-designated donations at each event in six countries.
• Employees in our Chicago office participate in the SkyRise Challenge, an event that raises funds for the Rehabilitation Institute of Chicago’s world-class clinical care and innovative research. Participants climb 103 flights of stairs to the top of Willis Tower.
• We support annual A Leg to Stand On events held in Chicago and New York each year. A Leg to Stand On provides prosthetic limbs and corrective surgery to children in developing countries who have lost their limbs traumatically or congenitally.
• ICE Data Services is a corporate sponsor of the Expect Miracles Foundation, a dedicated commitment of the financial services community to bring meaningful resources to cancer research and families affected by the disease. The Foundation invests in life-saving cancer research and patient care programs.
• We donate coffee grounds from our coffee grading facility in New York to various food banks. Unused coffee samples are roasted, ground and packaged by a New Jersey-based coffee company and donated to the U.S. Army’s Adopt A Soldier Platoon Plan in support of our commitment to support the military and veterans.
• The ICE Futures Charitable Trust in the U.K. provides financial donations to charities supporting the welfare and education of children and others with special needs and other such purposes as determined by the directors. The Trust has continued to support charities in the London area, which are aligned to these objectives.
• Many of our firm’s senior leaders are active in their communities — here are just a few examples:
JUNIOR ACHIEVEMENT PREPARES FUTURE BUSINESS LEADERS
We have a strong partnership with Junior Achievement — nationally, as well as in Georgia and New York. Junior Achievement helps prepare students to succeed in a global economy and their unique volunteer-delivered programs offer students a window into their future. It encourages students to be active in learning about options for their career development path — from college or a trade to starting their own business.
Through a grant to the Junior Achievement National Student Leadership Summit, 75 young entrepreneurs competed in a program designed to foster free enterprise and entrepreneurship. ICE was one of five corporate underwriters for the week-long event at the Georgetown University Conference Center in Washington, D.C. The summit brings together student-led company teams who compete for awards, such as the Intercontinental Exchange Best Financial Performance award.
The students are evaluated on their business performance, individual team members’ personal and professional development, and on their team presentation to a panel of business leaders. They also present at an Entrepreneurship Expo on Capitol Hill attended by members of Congress.
The team winning the Best Financial Performance Award in 2016 was Impress from Southeastern Pennsylvania, which manufactured and sold customizable hand-stamped bracelets and key chains. They were selected based on the following factors:
According to Scott Hill, our Chief Financial Officer, the students learn lessons that help them understand how important it is to have a business on sound financial ground.
“Junior Achievement can be life-changing for young people who participate in the programs they offer,” Hill said. “The programs help students see the importance of networking. They develop professional and communication skills. And they can see how social responsibility — giving back to their communities — can enhance their value over the long term.”
Junior Achievement of Georgia
We support Junior Achievement Finance Park, a financial literacy program within Junior Achievement of Georgia. The program strives to build a foundation upon which students can make intelligent financial decisions related to income, expenses, savings and credit. The program combines lessons with simulated activities for middle-grade students.
The Georgia program served more than 32,000 students throughout the state, helping them understand the links between education and achieving their desired lifestyle. In addition, in the months following their participation in Junior Achievement Finance Park, 94 percent of teachers observed sustained higher levels of engagement within the classroom.
Junior Achievement of New York
A grant from the ICE NYSE Foundation funds the Business Plan Competition at Junior Achievement of New York. Diverse groups of students from high schools throughout New York City and Long Island have the opportunity to identify a need in the market place, create a business idea and develop and present a business plan in a competition. In 2016, more than 600 students from 16 schools participated in the program, culminating in the finals on May 20 in New York.
The students also heard from notable guest speakers in business, including representatives from Goldman Sachs’ Investment Management Division and KKR’s Global Capital and Asset Management Group. “Programs like these in Georgia and New York are instrumental in teaching young people about the importance of the economy, and how they can play a role in their own future,” Hill said. “It’s great for them to understand how to compete in today’s business world. We’re proud to engage with these Junior Achievement programs that drive learning about business and finance.”
Employees Participate in 9/11 Day of Service
ICE and NYSE employees from New York and their families represented our company in the 9/11 Day of Service in 2016. The President and Congress established 9/11 Day in 2009, with a mission to promote unity, empathy and service on the anniversary of 9/11 each year. The organization encourages Americans to actively remember 9/11 through togetherness and good deeds that help others in need. The organization’s goal is to address hunger and poverty in America. Nearly 30 million people participate annually, making it the nation’s largest day of charitable engagement.
The New York Stock Exchange honored the victims, survivors and their families in a tribute at the Opening Bell ceremony in 2016 and the trading community observed a moment of silence at 9:20 a.m. ahead of the Opening Bell, as is their annual tradition.
Jessica Solomon, NYSE’s director of client event marketing, organized the participation of our employees and their families in 9/11 Day, the National Day of Service, in 2016. More than 2,000 members of the New York metro community, including Intercontinental Exchange employees, packed food for families in need during the day of service.
“Our team was very engaged as we joined a number of other New York-based companies in the 9/11 Day of Service,” said Solomon. “We believe that ICE and NYSE, along with other business leaders, are in a unique position to help others. Because this past year’s Meal Pack was on Sunday, we were able to extend our participation to include family members. The day was a way for many of us to give back to others.”
Our New York employees plan to participate in the 9/11 Day of Service in 2017, as the organization plans to expand the annual New York City 9/11 Meal Pack to 1 million meals and 5,000 volunteers.
Congressional Medal of Honor Foundation
The NYSE is honored to have hosted the Congressional Medal of Honor Foundation Circle of Honor Dinner each year, going back to 2002. In 2016 we welcomed 35 of the 78 living Medal of Honor recipients to the exchange to celebrate their immense contributions to our nation.
During the event, the Circle of Honor Award was given to Badger Oil Founder and President Paul Hilliard. This award honors and recognizes American citizens who have made profound contributions to our Nation and way of life. Through a lifetime of placing others first, the recipients epitomize the principles of courage, sacrifice, selfless service and patriotism. Additionally, the Bob Hope Award for Excellence in Entertainment went to actor Bradley Cooper. This award honors those who have demonstrated the positive portrayal of the United States Military in film or literature and have distinguished themselves in the field of entertainment.
“To be in the presence of one Medal of Honor recipient is a high honor let alone 35 of them,” said NYSE President Tom Farley. “We are honored to do our small part by recognizing the selflessness of the Circle of Honor and Bob Hope award winners.”
We offer the opportunity to ring the Bell, visit the trading floor and conduct interviews with the media to a variety of governmental, academic and non-profit organizations every year. Here is a sampling of nonprofits that participated during 2016.
Big Brothers and Big Sisters President Marva Smalls rings the NYSE Bell kicking off the organization’s 2017 campaign to recruit mentors in New York City.
The New York Stock Exchange welcomes officials and guests of Army Week Association to ring the NYSE Closing Bell
Additional information on the Opening and Closing Bells at the NYSE.