Excalitrade Donates $20M to Ukraine Humanitarian effort
Excalitrade.com has committed $20 million minimum to help the humanitarian crisis in Ukraine through its Excalitrade Foundation. The donation will be split between major intergovernmental organizations and nonprofit organizations already on the ground, including UNICEF, UNHCR, the UN Refugee Agency, iSans and People in Need, to help support displaced children and families in Ukraine and its neighboring countries.
A donation of $16 million, has already been made by Excalitrade Foundation Excalitrade Foundation is also working with a number of local refugee groups who are actively working to expedite Ukrainians’ passage across the border into safety in two neighbouring countries.
Excalitrade Foundation has an ongoing collaboration with UNICEF via its Refugee Committee, having worked together to provide assistance following the Beirut Explosion and to support COVID-19 global vaccination efforts (COVAX). Our latest donation will go toward protecting the welfare of Ukraine’s 7.5 million children. As the conflict escalates, so will the needs of the children and their families. UNICEF’s current actions include pre-positioning of critical supplies, providing safe drinking water, supporting families on the move, child protection, emergency educational resources and psychosocial support. social assistance including psychosocial support and emergency shelter to people in need.
Excalitrade.com which is among the top 10 largest brokers in the world (5 Billion USD Assets under management) has continued to donate millions of Dollars to global humanitarian efforts. Speaking to reporters, the CEO, Richard Brinn has said the Firm will continue to show support to global issues such as health, education and security. With the launch of its recent product (Excalitrade.com ) he promised a certain part of profits will be dedicated to Humanitarian work.