Mon, Apr 24, 2017
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: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f