Hi: And Happy New Year To The Community. I recently wrote a story that I feel is special regarding BNY Mellon, a very innovative investment banking firm, and it's Jazz Appreciation Awards Program. Why is this important? Jazz need to be promoted and in this economy it's falling down.
Here's the story. I invite your comments...
Now's The Time: BNY Mellon Gets Down With Jazz Musicians
In our current economic plight in the banking
industry, BNY Mellon of New York, well, is doing some pretty cool
things. In addition, to actively exploring Far East Exchanges and other
activities to stay solvent and increase equity, this investment firms
has a strong commitment to the arts.
Throughout the year, BNY allocated funds for established and
up-and-coming jazz artists. In November, according to a company press
release, BNY, though its Jazz Scholarship, gave $5,000 to University of
Pittsburgh freshman, Jacob Sacks as the winner of the 2010 Award.
Earlier in the year, BNY Mellon recognized jazz legendary drummer, Roy
Haynes. BNY honored him with its Jazz 2010 Living Legacy Award during a
special ceremony at the John F. Kennedy Center for the Performing Arts
on Octopber 10.
Jim Mc Donald, BNY Mellon’s Managing Director of Philanthropy and Employee Programs, noted in a press release that:
“We are honored to support the 2010 BNY Mellon Jazz Living Legacy Award
and to participate in the recognition and celebration of Roy Haynes’
outstanding career as a jazz drummer. Mr. Haynes is a truly important
part of jazz music history.”
There are many more examples of BNY Mellon's support of jazz and the arts, but these two examples were particularly compelling.
This musical activity from BNY Mellon certainly is a highlight of 2010
when it comes to the banking industry. Expect more from them next year.