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Trafigura Gives $1.1 Million to New Orleans Center for Creative Arts

 

Largest gift in the art institute’s history

Leading commodities trader also gives $200,000 to help bring new teachers to NOLA

 

NEW ORLEANS, June 27 – Trafigura AG, a subsidiary of Trafigura, the international commodities trading company, today announced that it will provide a $1.125 million gift to the New Orleans Center for Creative Arts (NOCCA), representing the largest donation ever given to NOCCA. In addition, Trafigura AG will give $200,000 to Teach For America to increase the number of teachers they bring in to help close the educational achievement gap in New Orleans.. Trafigura is also exploring the possibility of doing business in Louisiana.

 

“To work with these wonderful organizations within New Orleans is a very exciting experience for Trafigura,” said Graham Sharp, a Trafigura founding partner who traveled to New Orleans from London to announce the gift. “Trafigura has an interest in the future of this great city. We want to serve as a proactive partner in the rebuilding of New Orleans. We would like to help create a vibrant business environment and expand on the city’s rich culture and arts community, which has made New Orleans great for generations. These gifts are consistent with Trafigura’s overarching philanthropic ethos: To provide greater educational and cultural opportunities for youth around the world.”

 

Sally Perry, Executive Director of The NOCCA Institute, NOCCA’s community non-profit foundation that received the donation, responded: “We are deeply honored and grateful for this new partnership with a company of Trafigura’s international prominence.”

 

Presented as a three-year challenge grant, Trafigura’s donation represents an exciting opportunity for NOCCA and its supporters statewide to step up to the plate and match this investment in our young people.” Gary Alan Wood, President and CEO of NOCCA,

added: “This gift’s impact on our efforts to renew and strengthen New Orleans' educational landscape is enormous. There is no more deserving beneficiary that the talented young artists who study at NOCCA. They are our future leaders.”

 

NOCCA is Louisiana’s arts conservatory for high school students, offering professional training in creative writing, dance, media arts, music, theatre arts and visual arts to young people across the state. Enrollment is by audition and there is no tuition. Trafigura’s gift is intended to be a matching gift and an encouragement to arts and education supporters across Louisiana to help support NOCCA’s unique, successful programs. Funds from Trafigura, matched by local donors, will help provide NOCCA with additional classroom space; they will also facilitate land acquisition, architectural planning and design of that space. As a result, a center named after Trafigura AG will exist on the NOCCA campus.

 

In addition, Trafigura will contribute $200,000 to Teach For America - Greater New Orleans to help increase the number of corporation members teaching some of the most under-served students in New Orleans.

 

“Excellent public education for all our kids is absolutely critical in rebuilding our city and we are delighted to have Trafigura’s support as we further our movement to address educational inequity in New Orleans,” said Mary Garton, executive director of Teach For America – Greater New Orleans.

 

Teach For America, the national corporation of outstanding college graduates who commit to teach in low-income urban and rural communities for two years and become life-long advocates for education reform, has been in New Orleans since 1990. This year, to foster public education reform in the post-Katrina era, Teach For America is bringing in its largest New Orleans corporation of 100 teachers. Trafigura’s donation will help Teach For America expand the size of their corporation to 300 by 2010.

 

“We consider it a great honor to be welcomed so warmly by the people of New Orleans,” continued Sharp. “We hope that by helping to nurture the youth of this city, we help to nurture the future of this city.”

 

 

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