Fossar Investment Bank’s annual Thanks Day took place for the ninth time on November 23, and as in previous years, a new record was set in the collection for a good cause. A total of ISK 24.1 million was collected during the event, and today, on Tuesday, November 28, Steingrímur Arnar Finnsson, CEO of Fossar Investment Bank, handed over the collected amount to Elías Guðmundsson, Managing Director of the Krýsuvík Organization, at Fossar’s headquarters located at Fríkirkjuvegur in Reykjavík.
“We are thrilled to share that our Thanks Day fundraiser far surpassed our expectations, and we are humbled and grateful for the generosity of our customers who supported the cause through business transactions and direct donations,” says Steingrímur Arnar Finnsson, CEO of Fossar Investment Bank.
The initiative has been very successful since its inception and has witnessed steady growth in the funds raised yearly. Last year, 23.9 million ISK were collected, which went to the Pieta Organization, and the year before, 21.6 million were collected, benefitting Reykjadalur’s Jafningjasetur. A total of 114 million ISK have been collected since the first Thanks Day was held.
Various organizations and individuals support fundraising for Fossar’s Thanks Day. All brokerage fees generated are awarded to the cause, and clients can also donate directly to the fundraiser. In addition, the Nasdaq Iceland stock exchange and the settlement company T Plus provide their support by waiving their respective fees to help the charity. The advertising agency TVIST’s work on the Day is also free of charge.
“The donation is a significant boost for us as the demand for treatment space has increased, leading to longer waiting lists. With this funding, we can expand our facilities and better cater to our clients’ needs, including a new special wing for women. We are deeply grateful to Fossar and everyone who contributed to this donation,” says Elías Guðmundsson, Managing Director of the Krýsuvík Organization.