Raymond James to donate $1.5 million to aid those impacted by COVID-19
ST. PETERSBURG, Fla. – Raymond James will commit $1.5 million to support charitable organizations delivering essential services to communities affected by COVID-19, Chairman and CEO Paul Reilly announced today. A portion of the funds will be delivered quickly to organizations working to provide access to food and healthcare, with the remaining funds reserved for future relief.
A national donation will be made to Feeding America to help serve individuals facing hunger across America. Local donations will be made in markets where the firm has significant regional presence including St. Petersburg, FL (St. Petersburg Free Clinic and Metropolitan Ministries), Memphis, TN (Church Health), Southfield, MI (Gleaners Community Food Bank), Denver, CO (Food Bank of the Rockies), and New York, NY (Citymeals on Wheels).
“Our primary focus in recent weeks has been on the safety and security of our associates, financial advisors and their clients, as well as ensuring business continuity and continuing to provide excellent service,” Reilly said. “With those support systems in place and functioning well, including the vast majority of associates working from home, it’s our responsibility to begin addressing needs in communities in which we live and work.”
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,100 financial advisors. Total client assets are $855 billion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.