More Than Half of Companies Increased Philanthropy in 2008, Despite Economic Decline
Liquidnet Holdings, Inc. receives the Small Company Award, presented annually to a company with revenues less than $3 billion. Liquidnet allocates one percent of revenues each year to address global challenges. A global firm trading in 29 equity markets across five continents, Liquidnet focuses its philanthropic efforts on supporting unique solutions to global challenges. The company helped develop the Agahozo-Shalom Youth Village in Rwanda, which provides facilities to care for and educate more than 500 children left orphaned by the Rwandan genocide. Since the inception of the Village in 2006, Liquidnet has donated $6 million to the project. Employees have raised an additional $150,000 for the program, and more than 75% of Liquidnet’s worldwide workforce has participated in or contributed to the project. Liquidnet’s goal is to create a community that will thrive and become the blueprint for success for other projects in Rwanda, and across the developing world.