Piper Jaffray Awards $440,500 in Grants to Support Community Development and Affordable Housing Organizations
July 19 2004 - 3:30PM
PR Newswire (US)
Piper Jaffray Awards $440,500 in Grants to Support Community
Development and Affordable Housing Organizations MINNEAPOLIS, July
19 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to
announce the funding of 41 nonprofit organizations across the
firm's geographic regions for a total of $440,500 in its first
round of grants in 2004. The grants support organizations that work
toward development of affordable housing and revitalization of
economically distressed neighborhoods across multiple geographic
areas. "We are proud to announce this first round of grants after
Piper Jaffray's re-emergence as an independent public company,"
said Andrew Duff, chairman and chief executive officer of Piper
Jaffray. "Piper Jaffray has been integrally involved in the
communities in which we live and work for the past 109 years. We
are thrilled to partner with these great organizations to help
build stronger communities." Piper Jaffray has made a commitment to
contribute to charity five percent of its pre-tax earnings each
year with the combination of cash contributions, in-kind
contributions and volunteer hours, once again making the firm a
member of the Minnesota Keystone Program. The Minnesota Keystone
Program is a voluntary program promoting corporate support for
communities that was co-founded by Piper Jaffray 27 years ago. For
additional information and a complete list of the grants, visit
http://www.piperjaffray.com/grants . Piper Jaffray Companies
(NYSE:PJC) is a focused securities firm dedicated to delivering
superior financial advice, investment products and transaction
execution within selected sectors of the financial services
marketplace. The company operates through two primary
revenue-generating segments: Capital Markets and Private Client
Services. Investment Research, an independent group reporting to
the CEO, supports clients of both segments. Through its chief
operating subsidiary, Piper Jaffray & Co., the firm has served
corporations, government and non-profit entities, institutional
investors and the financial advisory needs of private individuals
for more than 108 years. Headquartered in Minneapolis, Piper
Jaffray has approximately 3,000 employees in 111 offices in 23
states across the country and in London. For more information about
Piper Jaffray, visit us online at http://www.piperjaffray.com/ .
Since 1895. Member SIPC and NYSE. DATASOURCE: Piper Jaffray
Companies CONTACT: Susan Beatty, Public Affairs and Media Relations
of Piper Jaffray, +1-612-303-5680 Web site:
http://www.piperjaffray.com/grants http://www.piperjaffray.com/
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