Northern Trust Releases 2023 Philanthropic Impact Report


credit: WFTV

Northern Trust employees gave more than 53,000 hours of their time to charity in 2023, a record for the company and one that "shows one measure of how important our communities are to our company," Shana Hayes, the company's chief social impact officer, says in a press release.

The company's 2023 Philanthropic Impact Report also reveals that over the past decade, Northern Trust has donated more than $170 million to non-profit organizations working to provide food security, affordable housing, accessible health care, and quality education, per NBC Chicago.

Hayes says the record-setting year for volunteering came during Northern Trust's global month of service in October, during which employees gave nearly 53,000 hours to more than 1,700 organizations.

"Our employees logged record-breaking level of volunteerism in 2023, which shows one measure of how important our communities are to our company," Hayes says in the press release.

The report also notes that in Chicago, Northern Trust's headquarters, the company launched its first-ever Northern Trust Anchor Award to "build the capacity of highly effective nonprofit organizations."

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Ameriprise Financial Donates More Than $3.5 Million to Nonprofits and Key ...
Foundation: Ameriprise Financial

Ameriprise Financial announced nearly $2 million in donations to over 85 nonprofits across the U.S. as part of its first round of 2025 grants, along with $1.58 million in matching gifts from...more

We Started A Co-Op to Empower Workers

Sustainergy is a worker cooperatives based in Cincinnati, Ohio.The co-op was founded in 2013 by two first generation immigrants.It provides free energy assessments for over 5,000 Cincinnati...more

Four Native-Led Funders to Know
Foundation: Headwaters Foundation for Justice, MacArthur Foundation, Marguerite Casey Foundation, Marguerite Casey Foundation

This imbalance is all the more jarring given that Native communities are reeling from the Trump administration's draconian spending cuts.Funders with a track record of supporting Native American...more

Sphinx Works to Diversify the World of Classical Music As Funding Contracts

Sphinx Works to Diversify the World of Classical Music as Funding Contracts.Sphinx has launched six successful classical ensembles, commissioned nearly 100 works by composers of color, and grown an...more

Judge Un-Freezes Environmental Justice Funds For Northwest
Foundation: Minneapolis Foundation

A federal judge has ordered the Trump administration to release $180 million in federal funding for environmental justice projects, including $60 million in the Pacific Northwest.The Environmental...more

Morgan Stanley Climate Fund Invests $30 Million in Methane Emissions Management ...

Morgan Stanley Climate Fund Invests $30 million in Methane Emissions Management Platform Insight M.Insight M is an energy sector-focused methane management solutions provider.The investment was made...more

The Rising Influence of Hailey Bieber in Fashion and Philanthropy

Justin Bieber's wife is a prominent figure in social media and the fashion industry.Her influence in the fashion world has surged in recent months, especially with the release of her new...more

How Nest Turned A $24000 Idea Into A Global Movement Supporting Women Artisans

Nest Inc.empowers women artisans globally by providing training, funding, and market access.Nest helps artisans tap into this market by connecting them to brands like GAP, Ralph Lauren, Target, and...more

Nwa Women in Business: Emily English

English has spent her career working at the intersection of farming and public health.Before joining the Walton Personal Philanthropy Group as a senior program officer, she was director of the...more

How Nest Turned A $24,000 Idea Into A Global Movement Supporting Women Artisans

Nest Inc.empowers women artisans globally by providing training, funding, and market access.Nest helps artisans tap into this market by connecting them to brands like GAP, Ralph Lauren, Target, and...more


In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.