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Portfolios With Purpose
Portfolios with Purpose ("PwP") is a registered 501(c)(3) non-profit organization founded in 2011. It is an annual virtual stock selection competition in which players of novice and professional experience pay a nominal entry-fee to choose a five-stock, long-term portfolio. The contestants with the top-performing portfolios over a 12-month period will direct the sum total of the collected entry-fees to the charitable cause of their choice; and have the opportunity of a meeting with one of the professional hedge fund managers. Mission Portfolios with Purpose is working to achieve universal investment literacy through its new online program, the PwP Academy. Completely free for student users the PwP Academy brings together expert investors from the PwP community with high school and university students from around the world to teach the fundamentals of investment finance in a whole new way. Anchored by PwP’s annual Student Challenge contest, students are taught core investing pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
501(c) Organization
A 501(c) organization is a nonprofit organization in the Law of the United States#Federal law, federal law of the United States according to Internal Revenue Code (26 U.S.C. § 501(c)) and is one of over 29 types of nonprofit organizations exempt from some Taxation in the United States, federal Income tax in the United States, income taxes. Sections 503 through 505 set out the requirements for obtaining such exemptions. Many states refer to Section 501(c) for definitions of organizations exempt from state taxation as well. 501(c) organizations can receive unlimited contributions from individuals, corporations, and Labor union, unions. For example, a nonprofit organization may be tax-exempt under section 501(c)(3) organization, 501(c)(3) if its primary activities are charitable, religious, educational, scientific, literary, testing for public safety, fostering amateur sports competition, or preventing cruelty to Child abuse, children or Animal cruelty, animals. Types According ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Karen Finerman
Karen Lisa Finerman (born February 25, 1965) is an American businesswoman and television personality. Early life and education Finerman was born to a Jewish family, the daughter of Jane and Gerald Finerman. She was raised in Beverly Hills, California with sisters Wendy, Leslie, and Stacey, and a brother, Mark. Finerman graduated from Beverly Hills High School in 1983. In 1987, she graduated from the Wharton School of Business at the University of Pennsylvania. Career Co-founder of Metropolitan Capital Advisors, Inc., Finerman is also President of the firm. She is a board member of the Michael J. Fox Foundation for Parkinson's Research and trustee of the Montefiore Medical Center. She is a member of the board of GrafTech International, Ltd. Finerman is a panelist on the show '' Fast Money'' on CNBC. She is a founding Master Player of the Portfolios with Purpose contest. Her first book, ''Finerman's Rules: Secrets I'd Only Tell My Daughters About Business and Life'' was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philanthropic Organizations Based In The United States
Philanthropy is a form of altruism that consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors, which are public initiatives for public good, notably focusing on provision of public services. A person who practices philanthropy is a philanthropist. Etymology The word ''philanthropy'' comes , from ''phil''- "love, fond of" and ''anthrōpos'' "humankind, mankind". In the second century AD, Plutarch used the Greek concept of ''philanthrôpía'' to describe superior human beings. During the Middle Ages, ''philanthrôpía'' was superseded in Europe by the Christian virtue of ''charity'' (Latin: ''caritas''); selfless love, valued for salvation and escape from purgatory. Thomas Aquinas held that "the habit of charity extends not only to the love of God, but also to the love of our neighbor". Philanth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Richard Pzena
Richard "Rich" Pzena (born January 8, 1959) is an American investment manager. He is the founder and chief investment officer of Pzena Investment Management, a New York-based deep value investment firm with $34.9 billion in assets under management. ''Barron's Barron's or Barrons may refer to: *Barron's Educational Series, a publisher of books, as well as college entrance exam preparation classes and materials, now an imprint of Kaplan Test Prep ** B.E.S. Publishing, the former owner of Barron's * ''Barr ...'' has noted that Pzena "isn't afraid of taking risks," and that "since its founding in 1996, his Pzena Investment Management has pursued a deep-value, concentrated portfolio strategy that has sometimes led to volatile returns." Personal life Rich grew up in Livingston NJ, graduating from Livingston High School in 1976. He received a BS and an MBA from the Wharton School of Business in 1980. Previously he worked as an oil industry analyst for Amoco production company in C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marc Lasry
Marc Lasry (born September 23, 1959) is a Moroccan-American billionaire businessman and hedge fund manager. He is the co-founder and chief executive officer (CEO) of Avenue Capital Group, and the co-owner of the NBA's Milwaukee Bucks basketball team. Early life and education Lasry was born in Essaouira to a family of Jews. When he was seven years old, he and his family immigrated to the U.S.Tablet Magazine: "The Next Owner of ‘Newsweek’ Will Be Jewish – A plea against one of the candidates" By Marc Tracy July 30, 2010 His father, Moise, was a computer programmer and his mother, Elise, was a schoolteacher. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Dinan
James Gerard Dinan (born 1959) is an American investor, hedge fund manager, philanthropist. He founded York Capital Management in 1991. Early life and education James Gerard Dinan was born to a Roman Catholic family in 1959 in Baltimore, Maryland, one of five children of Robert and Jeannette Dinan.Bloomberg: "York Capital's Dinan Finds Value in Tel Aviv Funds, Tyco Duplex" By Richard Teitelbaum September 7, 2006 His father was a textile engineer and his mother a homemaker. In 1969, the family moved to Paxton, Massachusetts. In 1977, Dinan gradu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robin Hood Foundation
The Robin Hood Foundation is a charitable organization which attempts to alleviate problems caused by poverty in New York City. The organization also administers a relief fund for disasters in the New York City area. In 2010, a key supporter gave every family with children on welfare in New York State $200 to buy school supplies. In 2017, Robin Hood appointed author and US Army veteran Wes Moore as its first CEO. In September 2021, Richard Buery, Jr. joined Robin Hood as the new Chief Executive Officer. History Founded in 1988 and named after the heroic outlaw from English folklore, the Robin Hood Foundation was conceived by hedge fund manager Paul Tudor Jones and co-founded with Peter Borish and Glenn Dubin. The foundation combines investment principles and philanthropy to assist programs that target poverty in New York City. In 2006, the board of directors included such names as Jeffrey Immelt, Diane Sawyer, Harvey Weinstein, Marie-Josee Kravis, Lloyd Blankfein of Goldman Sach ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Giving Pledge
The Giving Pledge is a campaign to encourage extremely wealthy people to contribute a majority of their wealth to philanthropic causes. , the pledge has 236 signatories from 28 countries. Most of the signatories of the pledge are billionaires, and as of 2016, their pledges are estimated to total US$600 billion. Description The organization's stated goal is to inspire the wealthy people of the world to give at least half of their net worth to philanthropy, either during their lifetime or upon their death. The pledge is a public gesture of an intention to give, not a legal contract. On The Giving Pledge's website, each individual or couple writes a letter explaining why they chose to give. History In June 2010, the Giving Pledge campaign was formally announced and Bill Gates and Warren Buffett began recruiting members. As of August 2010, the aggregate wealth of the first 40 pledgers was $125 billion. As of April 2011, 69 billionaires had joined the campaign and given a pledge, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fast Money (CNBC)
''Fast Money'' is an American financial stock trading talk show that began airing on the CNBC cable/satellite TV channel on June 21, 2006. Beginning October 10, 2007, it was broadcast every weeknight at 5pm ET, one hour after the close of trading on the New York Stock Exchange, until mid-2011 when it was moved to just four nights per week, Monday through Thursday, to make room for special option and currency trading shows on Friday evenings. On March 22, 2013, it returned to the Friday night slot as a half-hour show, followed by the ''Options Action'' half-hour show. The show originates from the NASDAQ MarketSite in New York City. Program format Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. The group discusses various investment strategies, including technical analysis, and debate the merits of each other's arguments for or against a particular stock or sector. The show covers topics such as options trading, commodities, and exchange- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leon Cooperman
Leon G. Cooperman (born April 25, 1943) is an American billionaire investor and hedge fund manager. He is the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management, the majority consisting of his personal wealth. In September 2016 the U.S. Securities and Exchange Commission charged Cooperman and Omega Advisors with insider trading, more specifically for "trading stocks, bonds and call options of Atlas Pipeline Partners in July 2010 on information he obtained from an executive at the company." Cooperman's firm agreed to a $4.9 million settlement with the SEC in May 2017 but admitted no wrong-doing. As part of the settlement, Cooperman and Omega agreed to be subject to a compliance monitor with access to their electronic communications and trading records and to submit monthly certifications that they had not engaged in insider trading until 2022. Early life and education Cooperman was born to a Je ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-profit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworthiness, honesty, and openness to eve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dan Loeb
Daniel Seth Loeb (born December 18, 1961) is an American investor, hedge fund manager, and philanthropist. He is the founder and chief executive of Third Point, a New York-based hedge fund focused on event-driven, value-oriented investing with $14.8 billion in assets under management, as of June 2019. ''New York magazine'' noted that Loeb's "preferred strategy" is to buy into troubled companies, replace inefficient management, and return the companies to profitability, which "is the key to his success." Loeb was described as "one of the most successful activists" in 2014. Early life and education Loeb is the son of Ronald and Clare (née Spark) Loeb.''Weddings\Celebrations''; Margaret Munzer, Daniel Loeb" '' |
