ADVISORY, Sept. 07, 2015 (GLOBE NEWSWIRE) --
New Story, an innovative non-profit that transforms communities around the world by building crowdfunded houses in areas of need, will visit the Nasdaq MarketSite in Times Square.
In honor of the occasion, Brett Hagler, Co-Founder and Chief Executive Officer, and Mike Arrieta, Co-Founder, will ring the Opening Bell.
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Tuesday, September 8, 2015 – 9:15 a.m. to 9:30 a.m. ET
New Story Media Contact:
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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A webcast of the Nasdaq Opening Bell will be available at: https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About New Story:
New Story crowdfunds houses for homeless families around the world. New Story just graduated the most recent Y Combinator batch, creating a better giving experience with transparency and personal connection.
In the first 9 months, New Story raised over $732,000 in donations, funding 122 new homes in Leveque, Haiti. Their goal is expand globally by the end of 2015. For Comparison, the Red Cross raised $500M and only built 6 homes in five years.
Here’s how it works:
- New Story partners with proven organizations on the ground that identify families living in conditions exposed to dangers like rape, theft, and sanitation borne disease.
- New Story tells the stories of these families on their crowdfunding platform.
- Donors give directly to a family – putting faces to the need – and when the home is built 2-3 months later, donors receive a video of the exact family they helped moving into their new home for full accountability.
- Local workers build all the homes, providing jobs and stimulating the economy.
100% of every donation goes to building homes and a cost breakdown can be found on the website. This is an alternative to many charities in this space that are slow to innovate and where donors don’t know where their money is going, and what it is (or isn’t) accomplishing.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $9.6 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
Source:The NASDAQ OMX Group, Inc.