Jefferies announced that it will donate $500,000 to Texas Search and Rescue (TEXSAR), the nonprofit first responder organization providing emergency services and disaster response.

The donation includes funds from Jefferies and voluntary contributions from its employees.

Rich Handler, CEO, and Brian Friedman, President of Jefferies, said: “Our hearts are with the families and communities across the Texas Hill Country who have been deeply affected by this week’s devastating flash flood.

In the face of unimaginable loss and destruction, we witnessed extraordinary acts of courage from individuals and first responders who put themselves in harm’s way to protect others, and while nothing can replace the tragic loss the community has experienced, we hope this donation will help provide urgently needed relief.”

Source: Jefferies