PRESS RELEASES

Fiduciary Trust Receives Inaugural Cornerstone Award from Storefront Academy

05.22.2017

NEW YORK–May 19, 2017– Fiduciary Trust Company International has received the inaugural Cornerstone Award by the Storefront Academy Harlem, in recognition of the firm’s three-decade long partnership with the highly acclaimed tuition-free private school.

The Cornerstone Award honors a longtime corporate partner for making a meaningful and lasting impact on the Storefront Academy community.

“For over 50 years Storefront Academy has had a profound impact on the education of our City’s children who would otherwise face significant obstacles in their path to intellectual advancement,” said John M. Dowd, chief executive officer of Fiduciary Trust. “In our partnership, we hope to encourage more dialogue around childhood literacy and spark fresh ideas about how resources, time and leadership can transform people’s lives for the better. We are humbled to receive this award and look forward to continuing to partner with Storefront.”

The Cornerstone Award was presented to Fiduciary Trust at Storefront Academy’s Annual Spring Gala on May 18 at the Mandarin Oriental in New York. Dowd and Managing Director and Senior Portfolio Manager Bibi Conrad will accept the award on the firm’s behalf.

Fiduciary Trust supports the Storefront Academy through various on campus volunteer events. The firm has also hosted an annual holiday breakfast with faculty and students at Fiduciary Trust’s office for over 20 years.

Storefront Academy seeks to provide children of varied academic strengths quality educational opportunities, preparing them academically, socially and emotionally to become critical thinkers, high-achieving students and well-rounded individuals. Working in partnership with families and community members, Storefront Academy instills a powerful sense of self, and gives its students the tools to own the future and create meaningful adult lives.

About Fiduciary Trust
Fiduciary Trust Company International, a global investment management firm, has served individuals, families, endowments and foundations since 1931. With over $78 billion in assets under administration and management as of March 31, 2017, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Coral Gables, FL, Boca Raton, FL, St. Petersburg, FL, Los Angeles, San Mateo, CA, Washington, D.C., Wilmington, DE, Arlington, VA, and London. For more information, please visit fiduciarytrust.com.

About Franklin Resources
Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes -- including equity, fixed income, alternative and custom solutions. The company's more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California-based company has 70 years of investment experience and over $741 billion in assets under management as of April 30, 2017. For more information, please visit franklintempleton.com.

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