Cantor Fitzgerald, Which Lost 658 Employees At Ground Zero, Donates Revenues Earned Every 9/11 To Charity
Cantor Fitzgerald, the financial services company that tragically lost 658 employees in the September 11, 2001, attacks, is making a resilient comeback. Keeping with its longstanding tradition, the company is marking its 22nd anniversary by donating all its global profits to charity, including contributions to the Cantor Fitzgerald Relief Fund.
Cantor Fitzgerald, the financial services company that tragically lost 658 employees in the September 11, 2001, attacks, is making a resilient comeback.
Keeping with its longstanding tradition, the company is marking its 22nd anniversary by donating all its global profits to charity, including contributions to the Cantor Fitzgerald Relief Fund.
Their ambitious goal for this commemoration is to raise between $8 million and $12 million for charitable causes.
The relief fund began shortly after 9/11 and has provided $180 million in direct assistance. Edith "Eddie" Lutnick, President and Co-Founder of the Relief Fund, has noted that millions of dollars have been allocated to assist victims of various natural disasters in recent years.
Twitter
Introduced in 2002, Charity Day extends invitations to celebrities and special guests to participate alongside Cantor Fitzgerald's licensed brokers on the trading floor. Together, they engage in transactions aimed at raising funds for charitable causes.
This is Robert McCarthy.
¡ª The 9/11 Library (@911Library) September 11, 2023
He was a trader for Cantor Fitzgerald & known for being a funny guy. He loved to call people up & prank them with silly voices. He called his loved ones daily. On 9/11, he left his wife and 2 week old son. He is remembered and truly missed by his family. pic.twitter.com/grUJtQY9o8
This year's roster of celebrity ambassadors includes Nicole Kidman and her husband, Keith Urban, Charlize Theron, Patrick Dempsey, Matthew McConaughey, Regina Hall, and former President Bill Clinton.
This is Gerald O¡¯Leary
¡ª The 9/11 Library (@911Library) September 11, 2023
He was a chef at Cantor Fitzgerald & worked with his brother, Robert McCarthy
Above all else, he loved his son whom is named after Gerald¡¯s great-grandfather. At the time of his death, his focus was teaching his son how to walk before he turned 1 yr old https://t.co/3kB4xszKeU pic.twitter.com/oxObkpiTM3
Soon after 9/11, the relief fund was established and has since furnished $180 million in immediate aid and health benefits to the families of its deceased employees.
Giovanna Gambale was 27 years old when she died on the 105th floor, on 9/11. She worked for Cantor Fitzgerald who lost the most employees that day. 658 souls, including a lifelong friend of mine, Stephen ? ?
¡ª ???? ????? ???? (@CB618444) September 11, 2023
Giovanna¡¯s wallet was recovered full of soot & charred. It was¡ pic.twitter.com/YcN2pxXgt1
The fund has contributed nearly $380 million, including donations to 150 different organizations.
To commemorate its 22nd anniversary, Cantor Fitzgerald is generously donating all of its global business revenue on Monday.
So much to say about 9/11. We are flying today. That¡¯s not what I want to mention. My brother in law had worked for Cantor Fitzgerald, the company who lost the most people in the World Trade Center 1/ pic.twitter.com/lHrJFTRwkz
¡ª CrazyUs (@crazyus) September 11, 2023
These disasters include hurricanes in Puerto Rico, Superstorm Sandy in New York, Oklahoma tornadoes, and California wildfires. Eddie Lutnick is the brother of Howard Lutnick and serves as the CEO of the Relief Fund.
22 years ago, during the 9/11 WTC terrorist attack, 658 of our friends, family, and colleagues were killed at Cantor Fitzgerald. @CantorRelief honors the memory of those we lost by engaging in disaster relief & supporting hundreds of charities through our annual Charity Day. pic.twitter.com/OuibknU6KX
¡ª CantorRelief (@CantorRelief) September 11, 2023
The charitable group's success showcases Cantor Fitzgerald's resilience, as it grew stronger after losing personnel during the 9/11 attacks. Howard Lutnick, the CEO before and after 9/11, remains in charge.
Lynne Morris (second to right) with coworkers Lauren, Laura, Jennifer, and Christen At Cantor Fitzgerald (which lost 658 people that day) in 1 WTC a couple of weeks before 9/11.
by inlastimages
Anshu Jain, Eddie Lutnick, Howard Lutnick, and Jim Buccola anticipate the company will raise $8¨C12 million during Cantor Fitzgerald Charity Day.
Celebrities like former President Bill Clinton and other guests join Cantor Fitzgerald's licensed brokers on the trading floor for transactions and fundraising during this event.
Cantor Fitzgerald's relief fund has provided $180 million in direct assistance and health benefits to the families of its deceased workers.
Agencies
The company's headquarters were on the top floor of the North Tower of the World Trade Center, which collapsed during the attacks.
Eddie and Howard Lutnick also tragically lost their younger brother, Gary, who worked for the firm and perished in the attacks. Nearly a quarter of the casualties in the World Trade Center attack were from Cantor Fitzgerald, more than any other group, including the city fire department, which lost 343 responders.
Eddie Lutnick reflected, "You never get better. You find a new normal."
Actresses Regina Hall, Nicole Kidman, Keith Urban, Charlize Theron, Patrick Dempsey, Matthew McConaughey, and former President Bill Clinton were invited to this year's charity event.
Howard Lutnick donated $1 million to the effort and entrusted his sister to run the Cantor Fitzgerald Relief Fund, accessible at www.cantorrelief.org. He described it as "the greatest accomplishment of my life."
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