Wall Street celebrates 20 years of caring for St. Jude kids


alsac-dinner-tasteofny-09

Richard C. Shadyac Jr., CEO of ALSAC, the fundraising organization
of St. Jude; Robert McCann, CEO of UBS Wealth Management Americas;
St. Jude patient Jake; Thomas C. Quick, member of the National
Committee of the ALSAC/St. Jude Boards of Directors and Governors;
John Lattanzio, event founder.

 

After 20 years, the rate of return of Wall Street’s Taste of New York dinner to benefit St. Jude Children’s Research Hospital continues to bring dividends for patients battling pediatric cancer and other deadly diseases.

Celebrating two decades of helping St. Jude in its mission of finding cures and saving children, more than 550 financiers from Wall Street’s top firms joined some of New York’s finest restaurants for the 20th annual Taste of New York gala on November 12 at Pier Sixty in New York City. In total, the event raised more than $1.6 million—bringing Wall Street’s total giving to nearly $30 million in the event’s 20-year history.

“The people of Wall Street have shown a remarkable ability, even during these difficult economic times, to raise the critical funds needed by St. Jude Children’s Research Hospital to fuel the research and treatment that will save children's lives,” said Richard C. Shadyac Jr., CEO of ALSAC, the fundraising organization of St. Jude. “We are so grateful for the Wall Street community’s unwavering support of St. Jude. They are truly helping to make a difference in the lives of children in communities everywhere.”

Guests sampled dishes from restaurants such Bobby Van's Steakhouse, Dawat Restaurant, Delmonico's, Vermont Butter & Cheese Co., STK, Carlyle Restaurant, Pier Sixty Restaurant, Pop Burger, Grotta Azzurra, A.J. Maxwell's Steakhouse and Harry's as they mingled and bid during the silent and live auctions. One-of-a-kind items that drew guests’ interest included a visit for four to the set of NBC's Emmy® award-winning show The Office, a chance to watch a New York Rangers hockey game from a luxury suite with NHL Hall-of-Famer Mark Messier and a private plane to a villa in the Baker's Bay Golf & Ocean Club.

As part of the 20th anniversary celebration, the event committee recognized the contributions of Robert McCann, CEO of UBS Wealth Management Americas and a long-time co-chair of the event, as well as Thomas Quick, member of the National Committee of the ALSAC/St. Jude Boards of Directors and Governors, and Wall Street investor John Lattanzio for their work in founding the event.

Lattanzio created the Taste of New York after meeting with St. Jude founder Danny Thomas in 1989. Thomas was seeking a way to bring the Wall Street community into the St. Jude family. That meeting resulted in a committee of 16 Wall Street executives who put on a small cocktail reception in 1990 that raised $90,000.  Since then, the arrow has continued to climb as more and more Wall Street professionals joined the cause, helping make Taste of New York the largest single gala event in St. Jude history.

The Taste of New York committee is now comprised of more than 60 investment professionals representing nearly every major stock and investment firm in the industry. Funds raised from the event have helped support various programs at St. Jude including gene therapy, bone marrow transplantation and immunology. Presenting sponsors for this year’s Taste of New York event were SAC Capital, Bank of America - Merrill Lynch and The Willits Foundation.

“This year's Taste of New York was a great success because of the deep commitment the Wall Street community holds for St. Jude’s mission to find cures and save children,” said Cathy Wilson-Rosen, a senior trader at Zweig-DiMenna Associates and event co-chair. “By investing in St. Jude, we know we’re investing in hope for the future for some of the sickest kids in the world.”

 

November 2009