By Will Erwich, Senior Trust Advisor & Team Leader, Northern Trust
Northern Trust is proud to be a long‐time supporter of the Ocean Reef Community Foundation. This partnership has given us the opportunity to forge relationships with individuals and the not‐for‐profit organizations within the community that are such an important part of its life and culture. Our Northern Trust office at Ocean Reef has strengthened our involvement within the community and has allowed us to showcase our financial expertise and holistic approach to wealth management. We strive to be our clients’ most trusted partner and to lead as a socially responsible member of our global communities. We earn this trust by staying true to our fiduciary heritage and providing differentiated, exceptional service and leading capabilities tailored to each client’s specific needs.
Supporting nonprofit partners is central to the bank’s mission of supporting the local communities it calls home. From Miami and South Florida through to Tampa and other markets around the country, the company has refocused its philanthropic mission and purpose at the corporate level during the last decade. In that time, Northern Trust has donated more than $160 million to charities worldwide, and its employees have volunteered more than one million hours in communities where they live and work.
“Whether through time, talent or treasure measuring in the millions of dollars, the bank’s philanthropy elevates organizations and changes lives,” said Alexander P. Adams, President of the South Florida Region for the Wealth Management business of Northern Trust.
Northern Trust also shares its financial expertise with the communities it serves through direct investment of the bank’s capital to create long term positive change. Most recently here in Miami, the bank decided to look beyond traditional grants and focus on how other community development finance tools can create financial subsidy for nonprofits and support their long term goals to increase positive and sustainable change. As a long term partner with local Habitat for Humanity organizations across Florida, Northern Trust helped bring a mortgage backed security solutions which allows for the purchase of Habitat’s zero percent mortgage loans to create cash flow for Habitat to invest in further development of new homes and new homeowners.
