Macquarie Bank and staff contribute more than $1.3 million to Tsunami relief effort

08 February 2005

Macquarie Bank staff around the world have contributed more than $600,000 to the international tsunami relief effort.

More than 1600 staff in 11 countries have donated to 30 charities worldwide, including CARE, Caritas, Oxfam, the International Red Cross, the Salvation Army, UNICEF and World Vision.

This takes Macquarie’s total contribution to the tsunami relief effort to more than $1.3 million, with further donations still in the pipeline.

On 29 December 2004, three days after the Boxing Day tragedy, the Macquarie Bank Foundation announced it would donate $100,000 to the Australian Red Cross and match all staff donations globally.

Macquarie Bank Executive Chairman David Clarke, who also chairs the Macquarie Bank Foundation, praised the efforts of Macquarie’s staff internationally.

“Our response to the tsunami crisis has been driven by our staff, who have given generously in Australia, New Zealand, Hong Kong, India, South Korea, Singapore, Taiwan, Japan, the United Kingdom, the United States and Canada,” he said.

“The tsunami has widely affected a region to which Macquarie has very close ties and our staff have responded accordingly.

“Our Hong Kong office has been particularly active, contributing almost 20 per cent of the total staff donation.”

Mr Clarke said Macquarie’s tsunami contribution would in no way affect its ongoing commitment to a wide range of community initiatives in Australia and overseas.

“The Macquarie Bank Foundation has a record of providing community support dating back to its inception more than 30 years ago,” Mr Clarke said.

“We currently support more than 250 not-for-profit organisations, providing community grants in excess of $3.5 million a year.

“We have an ongoing commitment to those community relationships and to supporting important initiatives that impact positively on society.”

For further information, please contact:

David Clarke
Macquarie Bank Foundation
Tel: (612) 8232 3413

Julie White
Macquarie Bank Foundation
No.1 Martin Place
Sydney NSW 2000
Tel: 612 8232 9673
Fax: 612 8232 6346

Karen Boalch
Communications Manager
Macquarie Bank Foundation
Tel: (612) 8232 7339

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