Sat, Aug 2, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

High Water Women’s 9th annual backpack drive delivers 10,000 backpacks to children in need

Monday, August 19, 2013
Opalesque Industry Update - High Water Women, a leading philanthropic organization focused on financial literacy and microfinance, today announced the completion of its 9th annual Backpack Drive, delivering a record 10,000 fully-supplied backpacks to tri-state area children in need. The drive was the culmination of a fundraising effort that started in April and raised more than $170,000, allowing volunteers to assemble 20% more backpacks than last year.

More than 350 financial services industry volunteers participated in this year’s drive, which took place August 9 through 15 at the New York headquarters of Credit Suisse. Participating firms included: Credit Suisse, Barclays, UBS, Deutsche Bank, BNY Mellon, DE Shaw, Carter Ledyard & Milburn, Neuberger Berman, Rothstein Kass, Reed Smith, Pershing Square and Galtere.

Generous donations from the attendees of this year’s Institutional Investor’s annual awards dinners (US Investment Management Awards, Foundations and Endowment Investment Awards, and Hedge Fund Industry Awards) in May and June were particularly important to the drive’s success.

Janice Abert, HWW Board of Directors and Chairperson of the Backpack Drive and Managing Partner at Abert Associates said, “Thanks to some very generous donations and the expanded participation of many corporate groups, we’ve been able to meet our goal. Everyone involved, donors and volunteers should know that because of their support, 10,000 children in need will now be able to start school ready to learn.”

More than twenty participating nonprofits and schools placed orders for the packs, with kindergarten, elementary and middle/high schools all receiving different supplies.

Sister Paulette LoMonaco, the Executive Director of Good Shepherd Services, one of this year’s participating charities, said, “Good Shepherd Services is once again delighted to be a recipient charity partner in High Water Women’s Annual Backpack Drive. Youth from our after-school centers, high school support programs and foster care residences are thrilled to receive new backpacks filled with academic essentials. These items help our program participants to feel proud and prepared, instilling self-confidence and hope for a promising school year full of achievements. We are so grateful for High Water Women’s continued support and commitment to Good Shepherd Services.”

Other recipient charities included: Child Center of New York, Children's Storefront, DreamYard, Inwood House, Iris House, Jubilee Center, Hoboken, Newark Now, Partnership with Children, Inpirica CT, The After School Corporation, TEAK Fellowship, Jewish Childcare, Women in Need, Young Women's Leadership Network, Manhattan Christian Academy, Emmanuel Worship Center, Children's Learning Center, CT, Stanwich Congregational Church, Friends of the Children, and Public Prep.

High Water Women

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Kyria Capital Management bets on women hedge fund managers[more]

    Bailey McCann, Opalesque New York: As hedge fund assets top $3 trillion, and long/short strategies get more crowded than ever, with every manager hunting for even the tiniest bit of alpha, a new firm has emerged that claims its own edge – women. A recent Rothstein Kass study showed women-owned a

  2. Opalesque Exclusive: Q2, H1 end positively for hedge fund performance[more]

    Bailey McCann, Opalesque New York: New hedge fund monitor data from Citi Prime Finance shows that overall, hedge funds ended the month of June and the first half of the year positively. Composite hedge fund performance, equal-weighted across funds, ranged from +0.93% to +1.73%. June-14 performa

  3. Many CTAs have become more short-volatility in the last five years[more]

    Benedicte Gravrand, Opalesque Geneva: Quantitative easing has reduced and then suppressed volatility for the last five years. So analysts at R.G. Niederhoffer Capital Management recently examined if there had been a tendency for CTAs and hedge funds to adjust their styles to become more 'shor

  4. Other Voices: Event driven strategy outlook: Broader focus required[more]

    This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics."

  5. Other Voices: Not so easy to replicate activist hedge funds and achieve similar performance[more]

    This article was authored by Alex Gavrish, founder and CEO of Etalon Investment Research, and author of "Wall Street Back To Basics." With the amount of activist investments on the rise during the last few years, more and more media at