An investment bank is helping the families of its employees who were killed on Sept. 11 build a bright future.
Sandler O’Neill & Partners, an investment banking firm once headquartered in the World Trade Center’s south tower, has paid for the college tuitions of 54 children of employees who died on Sept. 11, Oregon Live reported. Nearly two dozen children are still eligible for the grant.
“We wanted the families of the lost to know that we would always remember, that the passing years would never sweep this under the rug,” Andy Armstrong, one of the founders of the Sander O’Neill Assistance Foundation, that supports the educational expenses, told the news site.
The foundation was set up in the days following Sept. 11, to fund 100 percent of school expenses for the children of the 66 employees who died. Alongside the initiative, the firm paid full salaries to victims’ dependents throughout the end of 2001, along with health insurance for the next decade, Forbes reported.
“There was a moment in time to stand up,” one of the firm’s partners, Jimmy Dunne, told Oregon Live. “Because we believed that what we did would echo for a hundred years in the families of our people, their kids and their grandkids.”
According to the news site, there are 22 remaining children eligible for the foundation’s assistance ― the youngest is now 13 years old.
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