MINNEAPOLIS and NEW YORK, Oct. 11,
2011 /PRNewswire/ -- Youth, I.N.C. (Improving Nonprofits for
Children) announced today that Piper
Jaffray (NYSE: PJC), a leading global middle market
investment bank and institutional securities firm, will sponsor
Trading Day for Kids for a third consecutive year. With an
ongoing commitment towards helping worthy causes nationwide,
Piper Jaffray will donate 100
percent of commissions on designated equity trades to Youth, I.N.C.
on October 20. The proceeds
will benefit Youth, I.N.C.'s 41 youth–serving nonprofit partner
organizations and over 100,000 kids across New York City.
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. Students will have
the opportunity to meet with Piper
Jaffray executives and a panel of representatives from the
firm's capital markets, investment banking, and research divisions
to learn about the financial services industry and the firm's
day-to-day business activities.
"Trading Day for Kids embodies Youth, I.N.C.'s mission of
linking talent and resources from the for-profit sector with
promising nonprofits. We are honoured that Piper Jaffray is partnering with us for a third
year," said Steve Orr, Executive
Director and Founder of Youth, I.N.C. "The contributions and
commitment from Piper Jaffray have
been remarkable and we are truly appreciative of their ongoing
efforts to improve the lives of deserving youth in New York City."
For more information about participating in the 2011 Trading Day
for Kids, please visit http://www.youthinc-usa.org/tradingday
About Youth, I.N.C.
Through the use of a unique venture philanthropy model that
empowers, develops, and educates nonprofit organizations serving
young people, Youth, I.N.C. guides grassroots organizations toward
long-term sustainability. Since inception, Youth, I.N.C. has
raised $37 million for youth,
empowered 96 nonprofits, and impacted the lives of nearly 600,000
kids. To learn more about Youth, I.N.C. and Trading Day for
Kids visit: www.youthinc-usa.org.
About Piper Jaffray
Piper Jaffray is a leading
middle-market investment bank and asset management firm serving
clients in the U.S. and internationally. A proven advisory
team combines deep industry, product, and sector expertise with
ready access to global capital. Founded in 1895, the firm is
headquartered in Minneapolis and
has offices across the United
States and in London,
Hong Kong and Zurich. www.piperjaffray.com
SOURCE Youth, I.N.C.