BOSTON, Mass — September 28, 2015 — Citizen Schools, a national educational nonprofit focused on extending the learning day for high-need students by providing direct instruction and project-based apprenticeships taught by volunteers, is pleased to announce it has received a $350,000 grant from the Bill & Melinda Gates Foundation to evaluate digital courseware designed to provide appropriately challenging content for middle school students.
Citizen Schools will develop the program at schools across four states that are currently using digital courseware during the expanded day. They are:
Data gathered at the sites will examine barriers to experimentation with digital courseware while exploring ways to improve product efficacy, and develop the market for additional digital course offerings.
“Citizen Schools’ existing network of expanded day sites offers a unique setting to achieve this project’s goals by combining openness to innovation, access to a high-need student population, and channels for diffusion of learning back to the mainstream public school system,” said Steven Rothstein, CEO of Citizen Schools. “We are thrilled that the Gates Foundation has chosen to support this important initiative, as part of its interest in developing healthy and transparent market for highly effective learning technologies.”
The grant will also support training for Citizen Schools’ staff to ensure effective use of the digital tools. According to Rothstein, forty percent of all Citizen Schools sites are incorporating digital courseware or blended learning strategies into the learning day this school year.
About Citizen Schools
Citizen Schools is a national nonprofit organization that partners with middle schools to expand the learning day for children in low-income communities. Citizen Schools mobilizes a team of AmeriCorps educators and volunteer “Citizen Teachers” to teach real-world learning projects and provide academic support in order to help all students discover and achieve their dreams. For more information, please visit http://www.citizenschools.org/
In eight-minute film, “Inside Impact: East Africa,” viewers see lives changed as a result of Clinton Global Initiative Commitments to Action
Today, President Bill Clinton announced the premiere of a groundbreaking virtual reality film, “Inside Impact: East Africa,” during the opening session of the Clinton Global Initiative (CGI) Annual Meeting. The eight-minute film allows people anywhere to join President Clinton and Chelsea Clinton on their trip to see first-hand how Commitments to Action made by CGI members are changing lives and empowering communities. The film, taped in East Africa in spring 2015, lets viewers experience communities otherwise inaccessible to most – from modern downtown Nairobi to Kibera, the largest slum in Africa.
The “Inside Impact: East Africa” VR film was produced and directed by Felix & Paul Studios in association with m ss ng p eces, for Matter Unlimited’s “Inside Impact” social impact project and VR film series. It will be available exclusively on the Oculus Store for Samsung Gear VR Innovator Edition, powered by Oculus. A panoramic 360 video version was also unveiled on Friday, September 25, as one of the first 360 videos on Facebook – https://www.facebook.com/clintonglobalinitiative/videos/vb.377374190317/10153250212525318/
To date, members of the CGI community have made more than 3,200 Commitments to Action, which have improved the lives of over 430 million people in more than 180 countries. In the film, viewers explore three CGI commitment sites that President Clinton and Chelsea Clinton visited in Tanzania and Kenya.
The film premiered at this year’s CGI Annual Meeting, themed “The Future of Impact.” Through that lens, CGI explores technologies of the future that can make an impact and be part of the next wave of Commitments to Action. “For the first time, we’re debuting a film here at CGI. Unlike any film that most have seen, and certainly that I had ever seen, this one is a 360 degree virtual reality experience where you are actually supposed to feel like you’re there,” said President Bill Clinton. “On our trip to East Africa this spring, we filmed with three different commitment-makers and I think that the film will give people the opportunity to understand the difference CGI members can make in a whole different way.”
The creators of the project see Virtual Reality as a powerful tool to create empathy and inspire action: “When an audience member can feel through VR the on-the-ground progress of a thriving philanthropic project and the positive impact this work is having on communities around the world, we think they will be more compelled to support this work and involve others,” said Robert Holzer, CEO, Matter Unlimited and executive producer of the film and series.
“We are honored to have collaborated with President Clinton and the CGI team to tell this important story,” said Félix Lajeunesse, co-founder of Felix & Paul Studios. “Cinematic virtual reality allows audiences to witness events and moments with an unprecedented sense of awareness, presence, and emotional connection. Through this VR journey, viewers will get to experience the contemporary reality of East Africa in a highly sensorial, immersive way, and witness for themselves the challenges and transformative nature of that part of the world.”
About the Clinton Global Initiative
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together 190 sitting and former heads of state, more than 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 3,200 Commitments to Action, which have improved the lives of over 430 million people in more than 180 countries.
In addition to the Annual Meeting, CGI convenes CGI America, a meeting focused on collaborative solutions to economic recovery in the United States; and CGI University (CGI U), which brings together undergraduate and graduate students to address pressing challenges in their community or around the world. This year, CGI also convened CGI Middle East & Africa, which brought together leaders across sectors to take action on pressing social, economic, and environmental challenges.
About Matter Unlimited
Matter Unlimited, www.makethingsmatter.com, is a creative agency whose mission is to amplify the power of brands to drive positive change in the world. At Matter, we align every aspect of our business with a belief in shared value, where good is profitable, and business performance is aligned with social progress.
Matter Unlimited is the agency behind the “Inside Impact” Project, with this being the first of a series of films offering audiences a visceral and direct experience in social impact. Matter Unlimited brought together The Clinton Global Initiative, Felix & Paul Studios and Oculus to create “Inside Impact: East Africa.” Leveraging the power of Virtual Reality, this project tells the evolving story of positive social change around the world, one story at a time.
To learn more about the next installment in the Inside Impact VR film series or get involved, visit www.insideimpactVR.com.
About Felix & Paul Studios
Felix & Paul Studios is dedicated to storytelling through the medium of live-action Virtual Reality (VR). In 2013, the Montreal-based company developed a proprietary 3D 360º camera system with accompanying sound capture, post-production software and process – which set the industry standard for the highest-quality live action VR filmmaking. The studio combines this technological innovation with a unique, pioneering and in-depth approach to the new art of virtual reality storytelling – creating emotive cinematic experiences around content that is either original (Herders and Strangers) or in collaboration with existing intellectual properties (Jurassic Park, Cirque du Soleil, and Wild). Offering viewers a fully immersive sense of presence, time and space yet to be achieved on any other media platform, Felix & Paul Studios invites audiences into intimate, visceral, and emotive cinematic virtual reality experiences, organically immersing the viewer in experientially driven storylines. Led by directors and visionaries Félix Lajeunesse and Paul Raphaël, the studio launched in 2014 as a three-person venture and has since grown into a fully operating team of over thirty. Felix & Paul Studios recently announced a major, non-exclusive content partnership with Oculus.
About m ss ng p eces
m ss ng p eces is a production and entertainment company inspired by storytelling, technology and the limitless potential of the web. We provide production and creative services to likeminded collaborators. Since 2005, we’ve hand-crafted stories and experiences that celebrate the human spirit, innovation, art and culture.
Generous commitments from The APS Foundation, the Simons Foundation, and several others kick off latest fund to support partners to train and retain excellent STEM educators
New York, NY — September 24, 2015 — 100Kin10, a national network coordinating and accelerating efforts to bring 100,000 new, excellent science, technology, engineering, and math (STEM) teachers into schools by 2021, announced today the launch of its fourth fund, with initial leadership commitments totaling $6M. 100Kin10 welcomes new supporters The APS Foundation and the Simons Foundation, and renewed pledges from Carnegie Corporation of New York, and the Leonetti O’Connell Family Foundation.
This fund builds on $80M raised in previous funding rounds from a broad range of leading foundations and philanthropists to support the work of 100Kin10 partner organizations. The pledged funds are made available in a “funding marketplace,” where vetted 100Kin10 partners can share proposals and ideas with the funders and through which funders have access both to the cutting-edge ideas of this highly selected group of organizations working on STEM teaching and also to strategic grantmaking advice and support from 100Kin10.
“As Arizona’s largest utility, Arizona Public Service (APS) understands the importance of preparing today’s students to tackle the ever-changing complexities of a technological society. Collaborating with 100Kin10 and its partners opens up avenues to bring cutting-edge STEM teacher development to our state,” said Tina Marie Tentori, Executive Director of the APS Foundation.
The Simons Foundation
“100Kin10 has pioneered a new approach to solving big problems through collaborative effort. The network mobilizes the strengths of a wide range of diverse organizations, which offers a funder like the Simons Foundation unique opportunities for learning and impact,” said Boyana Konforti, Director of Education & Outreach at the Simons Foundation. “We are eager to support the innovative work 100Kin10 and their partners are doing to improve STEM education nationwide”
To date, the 30+ 100Kin10 funders have collectively given 157 awards to 67 100Kin10 programmatic partner organizations totaling over $62 million in grants.
“These leading funders are charting a new path for more effective and collaborative philanthropy. We are incredibly grateful for the generosity of these organizations and their shared commitment to our common goal,” said 100Kin10 Executive Director Talia Milgrom-Elcott. “This fund will go a long way to aiding the great work of our partners in achieving our goal of recruiting, training, and retaining 100,000 excellent STEM teachers by 2021.”
100Kin10 is an organization committed to recruiting, training, and retaining 100,000 excellent science, technology, engineering, and math (STEM) teachers by 2021. 100Kin10 encourages multi-sector collaboration and provides the vision and resources to help nonprofits, foundations, academic institutions and businesses meet their ambitious commitments to educate the next generation of innovators and problem solvers. More information is available at www.100Kin10.org.
CHICAGO — Mental illness does not discriminate, but sometimes people do. For those who suffer from a mental illness, the stigma that often accompanies it can be a significant barrier to getting professional, potentially life-saving help. Many children turn to Mercy Home for Boys & Girls because their caregivers suffer from undiagnosed or untreated illnesses such as bipolar disorder, anxiety, or depression. Untreated mental illness within a family can lead to trauma and insufficient care of its young people. That’s why Mercy Home for Boys & Girls is asking the public to sign its online pledge to help end the stigma of mental illness.
The goal of Mercy Home’s campaign is to raise awareness across the country about this important issue that affects children’s lives, not only those who come to live at its licensed youth care facility in Chicago, but children in families throughout the country. By talking openly and honestly about mental health, we can help more people view mental illness in a more compassionate and constructive light. “Having a mental illness is no different than having a physical one,” said Fr. Scott Donahue, President of Mercy Home. “We want everyone to know that there is no shame in any affliction of the body-including mental illness,” Fr. Scott said. He explained that the campaign is aimed at changing hearts and minds and at creating a more supportive environment that will foster treatment. “If we can all commit to learning more and fearing less, we can create a climate of understanding and compassion around mental illness that will encourage people to seek the help they need. And that will have a ripple effect on so many more lives, including the children who are entrusted to our care at Mercy Home,” Fr. Donahue said.
Joining Mercy Home’s effort is easy for anyone to do. Anyone can log on to [https://act.mercyhome.org/ea-action/action?ea.client.id=1955&ea.campaign.id=42177&ea.tracking.id=ef1c8230] and sign Mercy Home’s online pledge to be intentional about the words they use surrounding mental illness and to encourage people who are struggling to reach out to friends and to professional mental health care providers. They are also encouraged to share the petition with others, and to join a conversation about ending the stigma of mental health at [ #endstigma ].
According to the National Alliance on Mental Illness, one in four adults – approximately 61.5 million Americans experiences mental illness in a given year. Everyone knows someone who has been affected by mental illness, join Mercy Home and take a stand to end the stigma.
About Mercy Home for Boys & Girls
Mercy Home for Boys & Girls (www.mercyhome.org) has been a solution for kids in crisis since 1887. Through its residential, aftercare, and mentoring programs, Mercy Home offers a safe home, emotional healing, education, and life-changing opportunities for more than 600 young people every year. It gives children who have suffered abuse, neglect, poverty and even abandonment the therapeutic, academic and vocational support they need to heal from the traumas of their pasts and build success for their futures. Mercy Home is 99.8% privately funded and operates at three locations in Chicago – a home for boys in the West Loop neighborhood, a home for girls in the Beverly/Morgan Park community, and a home for AfterCare residents in South Shore.
Funds Raised Will Support More Than Half a Million People in 2015
Fort Myers, FL (September 22, 2015) – Chico’s FAS, Inc., and its family of brands – Chico’s, White House Black Market, Soma and Boston Proper – announces its annual partnership with Living Beyond Breast Cancer (LBBC), a national nonprofit education and support organization serving women and families affected by breast cancer.
“Living Beyond Breast Cancer shares more than a partnership with Chico’s FAS, Inc. It shares a friendship,” said the organization’s chief executive officer Jean A. Sachs, MSS, MLSP. “They give with no expectation of receiving anything in return but rather solely to help ensure that any woman who has been diagnosed with breast cancer has a place to turn for information, connection and support.”
Now through October 31st, White House Black Market is selling The Give Hope Collection which includes five limited edition products featuring LBBC’s symbol of a butterfly. The theme of “Together We Fly Beyond” unites this collection which features a butterfly embellished tee, a silk scarf, an umbrella, notecards and a special butterfly necklace designed in collaboration with jewelry line Dogeared, Inc.® WHBM is proud to donate more than 50 percent of the proceeds from these items ($40 donation per tee, $45 donation per scarf, $20 donation per umbrella, $5 donation per notecard set and $24 donation per necklace) to Living Beyond Breast Cancer. The collection will be sold in WHBM boutiques and outlets across the U.S and online at whbm.com. The support for the cause goes beyond product sales; for the fifth year in a row White House Black Market is the presenting sponsor of LBBC’s annual gala, The Butterfly Ball, in Philadelphia.
Soma will donate $1 for every bra sold, including mastectomy bras, (up to $20,000) to LBBC through October 21. Additionally, Soma invites women living beyond breast cancer to visit boutiques for a free bra fitting with a fit expert who can help address the needs of women facing mastectomy and lumpectomy surgeries.
Boston Proper will donate 25% of the proceeds (up to $10,000) of their Long Sleeve Fearlessly Feminine tee to LBBC during the month of October. The tee will be sold in boutiques and at bostonproper.com. Chico’s, White House Black Market, Soma and Boston Proper will accept donations at the register and online during the month of October for LBBC.
Since 2004 Chico’s FAS, with the support of its generous customers, has raised more than $3 million for LBBC.
ABOUT CHICO’S FAS, INC.
The Company, through its brands, Chico’s, White House Black Market, Soma, and Boston Proper, is a women’s specialty retailer of private branded, sophisticated, casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items. Chico’s FAS, Inc. currently operates more than 1,500 boutiques and outlets across North America, Puerto Rico and the U.S Virgin Islands. Each brand publishes a monthly catalog and offers online shopping at www.chicos.com, www.whbm.com, www.soma.com and www.bostonproper.com.
ABOUT LIVING BEYOND BREAST CANCER (LBBC)
Living Beyond Breast Cancer (LBBC) is a nonprofit organization whose vision is a world where no one impacted by breast cancer feels uninformed or alone. To strive toward reaching that vision, LBBC’s mission is to connect people with trusted breast cancer information and a community of support. LBBC addresses the current needs of people affected by breast cancer, whether they are newly diagnosed, in treatment, recovery or living with a history of or managing a metastatic form of the disease. Resources are developed in collaboration with the nation’s leading oncologists, health professionals and ally organizations and are delivered by people who understand the physical and emotional complexities of breast cancer. LBBC offers its programs and services in a variety of printed and digital formats. For more information, visit them at LBBC.ORG.
20 Students Named 2015 Davidson Fellows and Receive $50,000, $25,000 and $10,000 Scholarships
Reno, Nev. – During the past 15 years the Davidson Institute for Talent Development has awarded $6.2 million in Davidson Fellows scholarships recognizing more than 260 of our nation’s best and brightest young students. These figures include this year’s 20 Davidson Fellows recipients, ages 18 and under, who will each be awarded a $50,000, $25,000 or $10,000 scholarship.
Davidson Fellows exemplify the extraordinary work that can be accomplished by gifted young U.S. students who are given opportunities to excel. Such opportunities are outlined in the recently published research report, A Nation Empowered: Evidence Trumps the Excuses Holding Back America’s Brightest Students, and include access to mentors, labs and accelerated educational options.
Named one of the most prestigious undergraduate scholarships by U.S. News & World Report, the Davidson Fellows award seeks to recognize young people who have developed significant projects that have the potential to benefit society in the fields of science, technology, engineering, mathematics, literature, music and philosophy.
Davidson Fellows not only represent some of the brightest young minds in the country, but they also represent kindness, compassion and a strong desire to improve the world around them. Many of the Fellows’ projects are inspired by personal experiences that drive them to find a solution to a problem. Whether it was watching a family member suffer from cancer, witnessing children drink waste water out of desperation, or wanting to change people’s attitudes from cynicism to sincerity and their actions from judgment to kindness, each Fellow is driven to use their passion and intelligence to make the world a better place.
“We are thrilled to recognize the 2015 Davidson Fellows not only for their incredible projects, but also for the journey they forged to reach this point,” said Bob Davidson, co-founder of the Davidson Institute. “Every year I am amazed by the breadth and depth of the Fellows’ accomplishments. With nurturing, gifted students like these will be among those who will solve the world’s most vexing problems.”
Positive contributions to society made by the 2015 Davidson Fellows include:
The 2015 Davidson Fellows Award Ceremony will be held Tuesday, September 29 in Washington, D.C. with all scholarship recipients attending. While in Washington, D.C., each Fellow will meet with their representatives in Congress to speak of the importance of educational opportunities for high-achieving young people.
The following students are this year’s Davidson Fellows:
2015 Davidson Fellow Laureates
2015 Davidson Fellows
About the Davidson Institute
Founded by Bob and Jan Davidson in 1999, the Davidson Institute for Talent Development recognizes, nurtures and supports profoundly intelligent young people, and provides opportunities for them to develop their talents to make a positive difference. The Institute offers support through a number of programs and services, including the Davidson Fellows Scholarship and The Davidson Academy of Nevada. For more information about the Davidson Institute, please visit www.DavidsonGifted.org.
Goal is to Combat Cancer Across America
Boca Raton, FL – (September 24, 2015) – Gift of Life Bone Marrow Foundation, an international bone marrow registry, celebrated the first ever World Marrow Donor Day on September 19 by hosting 97 bone marrow swab/recruitment drives in all 50 states through the organization’s Campus Ambassador Program (CAP).
Ambassadors from across the country collected 4,000 cheek swab kits during this national bone marrow drive. The swabs will be tested to find life-saving bone marrow matches for people awaiting transplants. There are 105 college students from all 50 states interning in the organization’s Campus Ambassador Program.
“Hundreds of lives could potentially be saved because of the dedication of our incredible student ambassadors,” said Gift of Life Founder and CEO Jay Feinberg. “We are so pleased with the successful kick-off of this program on the first ever World Marrow Donor Day.”
CAP was created to recruit healthy donors between the ages of 18-24 through peer education and networking. Transplants utilizing bone marrow and blood stem cells from donors in this age category are generally the most successful. As a result of this trend, Gift of Life is seeking to add 100,000 new donors in this age range by the end of the 2015-16 academic year to its international registry.
About Gift of Life
Headquartered in Boca Raton, Florida, Gift of Life Bone Marrow Foundation is a 501(c) 3 non-profit organization dedicated to saving lives and facilitating bone marrow and blood stem cell transplants for patients with leukemia, lymphoma and other blood-related diseases. Ranking among the top international bone marrow registries in the world, Gift of Life’s vision is to find A match. Anytime. Anywhere. For Anyone. Gift of Life currently maintains a growing registry of over 240,000 volunteer donors and has facilitated more than 2,900 transplants for patients in need. For more information on Gift of Life, visit www.giftoflife.org.
September 24, 2015 (DUBLIN, Ohio) – Remember the first time you rode a bike, saw a movie or went on a family vacation? For some children in foster care, many of these moments happen only after they’ve waited years to find their forever family. Wendy’s® whose Founder Dave Thomas was adopted, is celebrating these “family first” moments this fall by featuring illustrations from four children who were adopted on Wendy’s beverage cups. In addition, to help create more of these moments, Wendy’s is launching its second nationwide Halloween Coupon Books in-restaurant fundraising initiative.
“Dave Thomas believed that children in foster care ‘aren’t someone else’s responsibility, they are our responsibility.’ Wendy’s continues to live out this value through fundraising and its partnership with the Dave Thomas Foundation for Adoption® (DTFA) to ensure that every child has the childhood they deserve,” said Liz Geraghty, VP of Wendy’s brand marketing. “We’ve dedicated ourselves and our Brand to help bring awareness to foster care adoption and raise critical funds needed to unite children in foster care with forever families.”
”Family First” Moments Come to Life
Illustrations on Wendy’s beverage cups depict four children’s individual experiences at the beach, the zoo, an amusement park, and celebrating a birthday with their forever family. Customers can visit wendys.com/adoption to see the children’s stories come to life and become a part of the “family first” moment by listening to and watching animated illustrations narrated or written by each child.
The children in these stories were part of Wendy’s Wonderful Kids®, a signature program of the DTFA that focuses on helping children who have been waiting the longest in the foster care system get adopted.
The featured stories include:
Halloween Coupon Books
In addition, from September 14 through November 1, Wendy’s will be selling Halloween Coupon Books, which include five or 10 free Jr. Frosty® coupons, for $1.* Proceeds from these sales will go to help find families for children waiting in foster care.** Last year, the Halloween Coupon Book program raised $3.6 million for the DTFA and programs such as Wendy’s Wonderful Kids.
About The Dave Thomas Foundation for Adoption
The Dave Thomas Foundation for Adoption is a national nonprofit public charity dedicated exclusively to finding permanent homes for the more than 130,000 children waiting in North America’s foster care systems. Created by Wendy’s founder Dave Thomas who was adopted, the Foundation implements evidence-based, results-driven national service programs, foster care adoption awareness campaigns and innovative grant-making. To learn more, visit davethomasfoundation.org, or call 1-800-ASK-DTFA.
ABOUT THE WENDY’S COMPANY
The Wendy’s Company is the world’s third largest quick-service hamburger company. The Wendy’s system includes more than 6,500 franchise and Company restaurants in the United States and 29 countries and U.S. territories worldwide. For more information, visit www.aboutwendys.com or www.wendys.com.
New Haven, Conn. — Yale’s endowment earned an 11.5% investment return (net of all fees) for the year ending June 30, 2015. The endowment value grew from $23.9 billion on June 30, 2014, to $25.6 billion on June 30, 2015, net of spending that supports faculty salaries, student scholarships, and other expenses. The University benefited from investment gains of approximately $2.6 billion.
Spending from the endowment, which is the largest source of revenue for the University, for Yale’s 2016 fiscal year is projected to be $1.2 billion, representing approximately 34% of the University’s net revenues. Endowment distributions to the operating budget have nearly doubled in the last decade, with an annualized increase in endowment spending of 6.4%. Those distributions support, among other priorities, Yale’s commitment to meeting full financial need of every student enrolled in Yale College.
The University’s longer term results remain in the top tier of institutional investors. Yale’s endowment returned 10.0% per annum over the 10 years ending June 30, 2015, surpassing broad market results for domestic stocks, which returned 8.2% annually, and for domestic bonds, which returned 4.4% annually. Relative to the estimated 6.6% average return of college and university endowments, over the past decade Yale’s investment performance added $8.5 billion of value in the form of increased spending and enhanced endowment value. During the 10-year period, the endowment grew from $15.2 billion to $25.6 billion, net of spending.
Over the past two decades, Yale’s endowment generated returns of 13.7% per annum. Compared to the estimated 8.5% average return of college and university endowments, Yale’s investment performance added $23.4 billion of incremental value. During the 20-year period, the endowment grew from $4.0 billion to $25.6 billion, net of spending.
Long-Term Asset Class Performance
Yale’s 10-year asset class performance remains strong. Domestic equities returned 12.3%, besting the benchmark by 4.1% annually. Foreign equities produced returns of 17.4%, surpassing the composite benchmark by 8.4% annually. Absolute return produced an annualized return of 7.2%. Leveraged buyouts returned 13.4%, while venture capital returned 18.0%. Real estate and natural resources contributed annual returns of 6.2% and 10.5%, respectively.
Yale continues to maintain a well-diversified, equity-oriented portfolio, with the following asset allocation targets for fiscal 2016:
Yale’s spending and investment policies provide substantial support to the operating budget for current scholars, while preserving endowment purchasing power for future generations. Approximately a quarter is specified by donors to support professorships and teaching. Nearly a fifth is dedicated to scholarships, fellowships and prizes. A quarter is available for general University purposes. The remaining endowment funds are donor-designated to support specific departments or programs.
Keiretsu Forum Mid-Atlantic members and investors will be making $250,000 in investments during single-day event
PHILADELPHIA – September 25, 2015 – Keiretsu Forum Mid-Atlantic (K4-MA), a distinguished part of the global Keiretsu Forum angel investment network, is incredibly proud to announce the upcoming Third Annual East Coast Angel Capital Expo taking place on October 28, 2015. One of the most impressive attributes about the event is that $250,000 in investments will be made by forum members, investors and sponsors throughout the course of the Expo.
K4-MA will guarantee that the Forum Presenter that obtains the highest level of votes (as the Most Valued Company) from attendees will receive a single check (representing investment from K4 stakeholders) of $100,000.
The top Fast-Pitch company will receive $50,000 in investment and services – $25,000 of investment from Howard Lubert and Vince Leusner, the co-founders of Keiretsu Forum Mid-Atlantic – and $25,000 in services from event sponsors. $12,500 in Intellectual Property legal services from Baker Hostetler Philadelphia and $12,500 in taxation consulting services from Drucker & Scaccetti, a Philadelphia based tax consultancy.
An additional investment of $100,000 will be made to one or more of the presenting companies by Randy Williams, the Founder of Keiretsu Forum.
The Angel Capital Expo is an event born out of San Francisco that has quickly become the signature event of the Keiretsu Forum. It is intended to foster collaboration and communication among companies that are still in their nascent stages with angel groups and the larger investment community in general.
Attendees of the Expo will include approximately 150-250 accredited angel investors from the Mid-Atlantic Region and elsewhere in K4’s global network of 1,500+ investors, accredited investors from other area angel groups, independent angel investors, VCs, and family wealth management professionals.
“Keiretsu Forum investors have regular access to a small number of quality investment opportunities,” said Howard Lubert. “The Angel Capital Expo will provide access to a dozen investment opportunities that have been vetted by a trusted source, opportunities to invest across diverse sectors, and entree to other investors with comparable interests.”
Twelve early-stage companies in the Internet-SaaS-cloud technology, healthcare-life sciences-medical devices, consumer products, clean tech/energy solutions and other industries will be among the featured presenters at the Angel Capital Expo. Other industries that will be represented include software-security-telecommunications technologies, real estate and more.
Six early-stage “Fast Pitch” presenters from K4-MA partner technology transfer offices, college and university business plan/idea competitions and others will also be present.
The Third Angel Capital Expo will take place on Wednesday, October 28 from 7:30AM to 6:30PM at Drexel University, Behrakis Grand Hall in the Creese Student Center, 32nd and Chestnut Streets, Philadelphia, PA 19104.
To find out more information about the upcoming Angel Capital Expo or to register for your own attendance, please visit the event’s official website at http://2015-angel-capital-expo.eventbrite.com. Individuals looking for more information on the Expo can also turn to the K4-MA website at http://www.KeiretsuForum-MidAtlantic.com/Angel-Capital-Expo.
About Keiretsu Forum
Keiretsu Forum is a global angel investor network with more than 1500 accredited investor members throughout 39 chapters on three continents. Keiretsu Forum Mid-Atlantic (http://www.KeiretsuForum-MidAtlantic.com) consists of four chapters that function as a single entity – Philadelphia, Washington, DC, Pittsburgh and New York. Keiretsu is a Japanese term for a group of organizations with interlocking business relationships, and Keiretsu Forum is a group of accredited investors with interlocking investment interests. Each chapter or region meets monthly to present rigorously screened candidates for investments. Keiretsu Forum’s mission is “Great Association with Quality Deal Flow.”
The Mid-Atlantic Region presents approximately four deals a month, 50 a year, to its members and accredited investor guests. Slightly more than 20 percent get funded, which is 10x higher than the industry average. Approximately 36 funding applications are submitted each month to the K4-MA DealRoom website, www.K4-DealRoom.com and vetted by industry specialists. About 10 are then vetted by members at monthly screening meetings where they participate in a highly structured presentation-and-feedback-learning session. Three to four of the screened companies are then invited to present at subsequent monthly Forum meetings. Entrepreneurs invited to move forward to the Forum meetings must participate in mandatory professional coaching sessions to optimize the delivery of their presentations and also agree to participate in the road show to all four cities in the region, with exposure to approximately 100 investors. Subsequently, information about their companies is posted on the organization’s online global deal room for reference by all 1500+ members. For global information visit: http://www.KeiretsuForum.com.