New York Stock Exchange (NYSE) American, the New York Stock Exchange’s market for small- to mid-cap growth companies, will donate 100 percent of its trading proceeds on Nov. 10 to Headstrong, a veterans mental health charity.
Founded by a Marine Corps veteran in 2012, Headstrong is an organization that provides cost-free, bureaucracy-free and stigma-free treatment for the hidden wounds of war.
While it was uncertain how much money would be raised through trading prior to the closing bell, a spokeswoman told American Military News that NYSE American plans to donate at least $10,000 to Headstrong.
Zach Iscol, Founder and Executive Director, served two tours in Iraq and had other assignments throughout Africa, the Middle East and Central Asia in the infantry and special operations. After returning from service, he noticed that his fellow veterans were struggling with caring for their mental health due to lack of access to care and inability to deal with psychological stress. This led to him establishing Headstrong.
“We are incredibly honored that the NYSE continues to serve such an integral role in spreading the word about Headstrong’s mission to help heal the hidden wounds of war,” Iscol said.
Over the past 5 years, Headstrong has helped more than 450 veterans regain their mental health.
According to their website, on average, it costs $5,000 for Headstrong to treat one veteran. They treat veterans fighting a variety of mental health issues including PTSD, addiction, anxiety, depression, anger management and military sexual trauma. They currently treat veterans in the New York Metro area; Buffalo; Rochester; Ithaca; San Diego; Riverside County; L.A.; Houston; Chicago; Washington, D.C.; Denver; Boulder and Colorado Springs. They are hoping to expand to additional cities by the end of the year, and nationwide within the next three years.
“As a fitting commemoration of Veterans Day, we are proud to lend our support to Headstrong, an important charity dedicated to delivering critical mental health services to returned service men and women,” Stacey Cunningham, NYSE COO, said. “NYSE American will donate all its trading proceeds, so we are encouraging the investment community to get behind this initiative.”
After a long day of trading on Nov. 10, the NYSE Closing Bell will commemorate Veterans Day. Representatives from Headstrong will be in attendance, along with veterans, to celebrate.