LAS VEGAS–(BUSINESS WIRE)–Northern Trust announced today that its Foundation and Institutional
Advisors group (FIA) has been selected by Miracle Flights, the nation’s
leading medical flight charity, to provide investment and strategic
advisory services for the nonprofit organization. Established in 1985,
Las Vegas–based Miracle Flights provides free commercial air
transportation to critically ill children and adults in need of medical
care far from home.
“We chose Northern Trust because it is a substantial institution with
nearly 130 years of experience and, in particular, it has resources
dedicated to serving the financial needs of nonprofit organizations,”
said Miracle Flights CEO Mark E. Brown. “Having the expertise of
Northern Trust to manage our assets helps ensure the longevity of
Miracle Flights, so we can continue our mission of helping children and
families in need for years to come.”
Now in its 32nd year, Miracle Flights has provided more than 111,000
free medical flights to help those with rare and life-threatening
conditions gain access to specialized, out-of-state medical care.
“We are proud to serve Miracle Flights on behalf of the children and
families they serve,” said Darius A. Gill, National Practice Executive,
Northern Trust Foundation & Institutional Advisors group. “We look
forward to managing the assets of this vital organization that helps
children get the best medical care in the country.”
Northern Trust’s Foundation & Institutional Advisors (FIA) group serves
nonprofit organizations through sophisticated investment management
solutions, strategic insights and world-class resources. Northern Trust
provides investment advice, asset servicing and related services to help
nonprofit organizations achieve financial and philanthropic goals
cost-effectively, collaborating with board and investment committee
members to assist with investment oversight. More information about
Northern Trust Foundation and Institutional Advisors can be found at www.northerntrust.com/FIA.
About Miracle Flights
Miracle Flights is a 501(c)(3) nonprofit organization that provides free
medical air transportation to children and adults via commercial
airlines throughout the United States. With over three decades of
service to families in need, Miracle Flights has coordinated more than
110,000 flights and counting. For more information about Miracle
Flights, to request flight assistance, or to make a donation, call
800-359-1711 or visit miracleflights.org.
Like us on Facebook and follow us on Twitter @miracleflights.
Northern Trust Wealth Management specializes in Goals Driven
Wealth Management backed by innovative technology and a strong fiduciary
heritage. Northern Trust Wealth Management is ranked among the top 10
U.S. wealth managers, with $284 billion in assets under management as of
September 30, 2017, and a wide network of wealth management offices
across the United States.
The Northern Trust Company is an Equal Housing Lender. Member FDIC.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of
wealth management, asset servicing, asset management and banking to
corporations, institutions, affluent families and individuals. Founded
in Chicago in 1889, Northern Trust has offices in the United States in
19 states and Washington, D.C., and 23 international locations in
Canada, Europe, the Middle East and the Asia-Pacific region. As of
September 30, 2017, Northern Trust had assets under
custody/administration of US$9.7 trillion, and assets under management
of US$1.1 trillion. For more than 125 years, Northern Trust has earned
distinction as an industry leader for exceptional service, financial
expertise, integrity and innovation. Visit northerntrust.com
or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street,
Chicago, Illinois 60603 U.S.A., incorporated with limited liability in
the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.