Northern Trust is expanding its philanthropic efforts in Malaysia aligned with its vision to create more equitable opportunities to achieve long-term financial success for those who face hurdles because of their race, ethnicity, gender, geography or socio-economic conditions.
The asset service provider will donate funds to Teach For Malaysia, a not-for-profit organization that works towards ensuring educational excellence in schools especially in rural and underprivileged communities.
In the last decade alone, Northern Trust has contributed more than US$160 million to support non-profit and non-governmental organizations around the world. Examples of global corporate philanthropy initiatives include supporting a programme that provides shelter for neglected children in India and ensuring mental and physical health services reach vulnerable populations in London.
“Our philanthropic focus at Northern Trust covers four key pillars: education, food, healthcare and housing,” says Shana Hayes, global head of corporate philanthropy at Northern Trust. “It is our belief that supporting educational equity and persistence inspires the fullest realization of professional achievement. We have been inspired to support the work of Teach For Malaysia as they seek to create education equity in Malaysia, supporting the development of young people to fulfil their highest potential.”