This category includes articles about Corporate Social Responsibility (CSR), typically including donations to or other support for nonprofit organizations.
This category includes articles about Corporate Social Responsibility (CSR), typically including donations to or other support for nonprofit organizations.
New York, NY (April 29, 2014) – The Minority Business Hall of Fame and Museum (MBHF&M) and the University of Washington – Foster School of Business announce a collaboration to honor individuals and institutions that are leading the growth of minority business enterprises. On May 13, the Foster School of Business will unveil an exhibit that will honor individuals who have been inducted into the MBHF&M.
The collaboration will include the first ongoing public display that recognizes members of the MBHF&M and reflects the Foster School’s desire to inspire the next generation of minority entrepreneurs and business leaders. Our future plans call for the enhancement of the website which will highlight historical papers and other important documentation of more than 50 inductees and future inductees.
Beyond the exhibit, the MBHF&M and the Foster School of Business will in future years jointly sponsor symposia on the state of minority-owned businesses and engage faculty from Historically Black Colleges and Universities (HBCUs) and Minority Serving Institutions (MIs) in building the next generation of honorees.
In trying to find a permanent location for the MBHF&M, the executive committee and the board of directors of the Hall of Fame decided to collaborate with the University of Washington’s Michael G. Foster School of Business because of its outstanding commitment to minority business development. The MBHF&M was also impressed by the enthusiasm that the leadership of the Foster School of Business displayed in welcoming collaboration with the Hall and in making it a location that all who are concerned and involved in minority business development would want to come and visit for its historical significance.
“The MBHF&M is pleased to be associated with UW Foster School of Business in honoring individuals and organizations that have made a substantial contribution to minority business development. This collaboration with the MBHF&M is an important milestone and it takes recognizing minority business leaders to a new level, “said John F. Robinson, President and CEO of the MBHF&M.
ABOUT THE MICHAEL G. FOSTER SCHOOL OF BUSINESS
The University of Washington’s Michael G. Foster School of Business (foster.washington.edu) was founded in 1917 and is ranked among the nation’s Top 25 business schools. For nearly 20 years the school’s Consulting and Business Development Center (foster.washington.edu/consult) has been a national leader in engaging students and faculty in growing minority-owned businesses through consulting and business education programs.
ABOUT THE MINORITY BUSINESS HALL OF FAME AND MUSEUM
The MBHF&M was founded in April 2004 by the National Minority Business Council, Inc. and the Minority Business News USA publication out of Dallas, Texas. John F. Robinson, Don McKneely and Carol Foster are the charter founders of the MBHF&M. Since 2004, the MBHF&M has inducted over 50 plus pioneers and trailblazers of minority business development in the United States.
The major corporate funding sponsor of the MBHF&M was and is the Pepsico Corporation. Mr. Joseph Frederick Canady, former Vice-President for Supplier Diversity at Pepsico, serves as chairman of the MBHF&M Board of Directors. The MBHF&M is governed by an Executive Committee of the Board and a general Board of Directors of 10 individuals. The other officers of the Board besides Mr. Canady and Mr. Robinson are Carol Foster, Vice-President, Philip Duffy, Treasurer, Hollis Smith, Vice-President of Development and Jo-Ann Butler, Executive Board member.
For more information about the MBHF&M please visit our website at mbhf.org or contact us at 347-289-7620 or 214-334-9538 and for information about the MBHF&M at the University of Washington’s Foster School of Business contact Michael Verchot at 206-543-9327.
Links Wealth Management to Positive Social Change
CHICAGO, April 30, 2014 /PRNewswire/ — Envestnet, Inc. (NYSE: ENV), a leading provider of integrated wealth management technology and services to investment advisors and wealth managers, has enhanced the capabilities of its Envestnet Impact Investing Solutions program, and now offers these impact investment services through its Portfolio Management Consultants group, Envestnet | PMC®.
Envestnet was one of the first in the industry to launch this type of impact investing program, which provides financial advisors and institutions with access to a comprehensive set of impact strategist portfolios, specialists and sustainable, responsible investing impact (SRI) screens.
Investors are allocating more assets than ever to impact investing strategies, which now account for nearly one out of every nine dollars invested in the U.S. Strategies combining environmental, social, corporate governance and/or faith-based criteria with traditional investment approaches saw their assets under management grow by 37 percent between 2007 and 2012, and reach $3.7 trillion at year-end 2012, according to the US SIF (Forum for Sustainable and Responsible Investment) biennial report on Sustainable and Responsible Investing Trends in the United States.
“For advisors to truly support their clients, they must increasingly align investors’ wealth with their worldview,” said Lori Hardwick, Executive Vice President of Advisory Services, Envestnet. “Investors now realize that the way they direct capital can impact the world and people around them. This is especially true with younger investors, and advisors are experiencing much greater demand for impact investing solutions that meet a variety of customized investment mandates.”
During the past year, Impact Investing Solutions’ assets under management have grown by 82 percent to $750 million as of March 31, 2014. Envestnet supports substantial additional assets in impact investments through its administrative and reporting capabilities. The program’s adoption by advisors has also increased by 44 percent during the year ended March 31, 2014.
The Impact Investing Solutions program was first launched in 2008 as the result of a partnership between Envestnet and Veris Wealth Partners, one of the nation’s recognized pioneers in sustainable and impact investing. The two firms have worked consistently to strengthen this capability, sourcing and adding innovative separately managed account, mutual fund and exchange-traded fund strategies. Recent additions include sustainable fixed-income strategies from Breckinridge Capital Advisors and equity offerings from Dana Investment Advisors and Trillium Asset Management.
“Envestnet has improved our practice’s ability to compete by providing easy access to recognized impact investing managers,” said Benjamin D. Kille, CFP®, AIF®, Co-Founder, Private Capital Group, LLC, a West Hartford, CT-based wealth planning and management firm which has utilized Impact Investing Solutions’ tools since 2008. “The system’s overlay capabilities are robust and expansive—allowing us to screen out investments that don’t meet the standard of our clients’ values.”
As an open-architecture program, Impact Investing Solutions is available to all advisors, and can be integrated and branded within any advisory practice. MSCI ESG Research, which provides in-depth research, ratings and analysis of the social, environmental and governance-related business practices of thousands of companies globally, offers additional resources as a partner in this initiative.
The revamped tool offers 17 well-defined personal conviction screens to managed accounts run by traditional and impact investment specialists. These refined screens support advisors in addressing a diverse set of client issues, including community development, affordable housing, climate change, fossil fuel limitation, worker safety, women’s empowerment and numerous other customized investment mandates.
“The investment public is highly attuned to the ways they can make a positive difference with their wealth. Advisors have an opportunity to strengthen client relationships and build a new component to their practice,” said Patricia Farrar-Rivas, CEO, Veris Wealth Partners. “Our partnership with Envestnet positions advisors to deliver a powerful combination of access, knowledge and technology.”
To learn more about the Impact Investing Solutions program, please visit www.envestnet.com or register to attend the “2014 Envestnet Advisor Summit: The Next Big Idea,” scheduled for May 14-16, 2014 at the Hilton Chicago, by visiting www.envestnet.com/advisorsummit.
ABOUT ENVESTNET (NYSE: ENV)
Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective and fully-aligned standard of care, and empower advisors to deliver better results.
Envestnet’s Advisor Suite® software empowers financial advisors to better manage client outcomes and strengthen their practice. Envestnet provides institutional-quality research and advanced portfolio solutions through our Portfolio Management Consultants group, Envestnet | PMC®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software.
For more information on Envestnet, please visit www.envestnet.com.
Best Academic Research Focused on Sustainable Investing to Be Recognized in November at The 25th Annual SRI Conference
COLORADO SPRINGS, CO. AND BERKELEY, CA///April 28, 2014/// The Center for Responsible Business at UC Berkeley’s Haas School of Business (Berkeley-Haas) has announced a call for papers for the 19th annual Moskowitz Prize—the only global award recognizing outstanding academic research in the field of sustainable, responsible, impact (SRI) investing.
The Moskowitz Prize is awarded annually by the Center for Responsible Business. The only global award recognizing outstanding quantitative research in the field of sustainable and responsible investing, the prize was named for Milton Moskowitz, one of the first investigators to publish comparisons of the financial performance of screened and unscreened portfolios.
Since its inception in 1996, the Moskowitz Prize has been awarded annually at The SRI Conference, the largest and longest running conference serving investors and investment professionals in the sustainable, responsible, impact (SRI) investment industry in North America. The SRI Conference is produced by First Affirmative Financial Network. The author of this year’s prize-winning study will be notified in September and publicly announced at the momentus 25th annual SRI Conference, November 9-11, 2014, in Colorado Springs, CO, where the winner will present the findings and be honored at a Conference reception.
Both Berkeley-Haas and The SRI Conference acknowledge and appreciate the 2014 Moskowitz Prize sponsors: Calvert Investments, First Affirmative Financial Network, Nelson Capital Management, Neuberger Berman, Rockefeller and Co., and Trillium Asset Management Company.
DEADLINE FOR CONSIDERATION: Studies to be reviewed for consideration must be submitted by June 30, 2014. The $5,000 prize competition is open to authors of studies relevant to responsible investing. Studies may be published or unpublished, but unpublished studies should be of a quality appropriate for publication in a peer-reviewed academic journal. Details about the submission process can be found at: http://responsiblebusiness.haas.berkeley.edu/programs/moskowitzresearchprogram.html.
Entries are reviewed by an independent jury of scholars and investment professionals. The prize winner is determined based on practical significance to responsible investment practitioners, appropriateness and rigor of quantitative methods, and novelty of results.
2013 MOSKOWITZ PRIZE: In 2013, the Moskowitz Prize was awarded to Caroline Flammer, Ph.D., and assistant professor in general management at Ivey Business School at Western University in London, Ontario for a paper titled, “Does Corporate Social Responsibility Lead to Superior Financial Performance? A Regression Discontinuity Approach.” See paper here: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2146282.
In her winning paper, Flammer found that corporate financial performance improved sharply in the immediate wake of shareholder-sponsored CSR proposals that were “close calls” – those passing by a small margin of votes. Studying close call proposals is appealing since the outcome of the vote is as good as randomized and cannot be anticipated prior to the vote.
About the Berkeley-Haas Center for Responsible Business
Building on over a decade of research, teaching and industry engagement, the Center for Responsible Business (http://responsiblebusiness.haas.berkeley.edu) is an “action tank” that brings together students, company leaders, and faculty to redefine business for a sustainable future. The Center for Responsible Business is a key contributor to Berkeley-Haas (http://www.haas.berkeley.edu) recently being recognized by the Financial Times as the #1 globally ranked MBA program in corporate social responsibility.
About The SRI Conference
The 25th annual SRI Conference (http://www.SRIconference.com), the leading North American forum for investors and investment professionals involved in sustainable, responsible, impact (SRI) investing, is November 9-11, 2014 at The Broadmoor in Colorado Springs, Colorado (http://www.broadmoor.com/). For more information about the conference or about supporting the conference as a sponsor, please contact Krystala Kalil, at 888-774-2663 or Krystala@SRIconference.com.
Conference participation is open to all SRI industry practitioners, investment professionals, institutional investors, and related organizations and individuals. The conference experience features an outstanding series of educational sessions and a focused opportunity to network with hundreds of like-minded individuals, organizations, and leaders in the field.
About First Affirmative Financial Network
First Affirmative Financial Network, LLC (http://www.firstaffirmative.com) is an independent Registered Investment Advisor (SEC File #801-56587) offering investment consulting and asset management services through a nationwide network of investment professionals who specialize in serving socially conscious investors. First Affirmative produces the annual SRI Conference (http://www.SRIconference.com).
The Trevor Project Partnership continues Kimpton’s longtime support of the LGBT community
SAN FRANCISCO, April 30, 2014 — A longtime supporter of the LGBT community, Kimpton Hotels & Restaurants is proud to announce a new partnership with The Trevor Project, a leading national organization providing crisis intervention and suicide prevention services to lesbian, gay, bisexual, transgender and questioning youth ages 13-24. Kimpton is the first national hotel sponsor for The Trevor Project.
Since Kimpton’s inception, the company has been deeply committed to an overall philosophy of inclusion and diversity that celebrates the unique differences of guests and employees. Continuing a legacy of employee-driven philanthropy, Kimpton’s engagement with The Trevor Project originated in 2013 through employees who have a passion for Trevor’s commitment to saving lives of LGBT youth in crisis, and the organization’s message of empowerment, pride, bravery and acceptance. It became clear when the relationship kicked off in January 2013 as a pilot partnership that the two organizations are strongly aligned on culture, beliefs and goals. This year, Kimpton will evolve its commitment to include a mix of marketing, social media, events and employee volunteer opportunities that will help The Trevor Project expand into new markets and raise funds to support its mission.
“One of the many reasons guests and employees love Kimpton is our philosophy of inclusiveness and the belief that everyone deserves to be appreciated for who they are,” said Kimpton Senior Vice President of Hotel Operations Barry Pollard, who has supported The Trevor Project personally and is currently an active member on Kimpton’s internal LGBT committee. “Our organizations share similar values. We both believe that inclusivity and diversity of thought, beliefs, backgrounds, gender and sexual orientation make our communities stronger. The Trevor Project provides a serious and much-needed service to the LGBT community and we’re honored to help the organization support this mission and raise awareness for this important issue.”
“The LGBT youth who turn to The Trevor Project for support often lack a sense of acceptance, just because of who they are. That is why engaging with organizations like Kimpton Hotels & Restaurants, where diversity and acceptance are valued, is important,” said Abbe Land, Executive Director and CEO of The Trevor Project. “The Trevor Project is proud to partner with Kimpton.”
As part of the partnership, Kimpton will become the presenting sponsor of The Trevor Project’s Ambassador program. Trevor Ambassadors are volunteer groups in major U.S. cities that work to expand Trevor’s programs, communications and fundraising efforts, helping to ensure LGBT youth have the support they need locally when faced with a suicide crisis. Additionally, Kimpton’s active LGBT Employee Resource group, KPRIDE, which coordinates LGBT activities across the company, will work with existing Trevor Ambassadors at the local level to help with community outreach and regional fundraising events. Markets where Kimpton has a significant hotel and restaurant presence that are also locations for Trevor Ambassadors include Chicago, Philadelphia, Salt Lake City, San Diego, San Francisco and Washington, D.C.
Kimpton also will work closely with the organization on TrevorLIVE, a semi-annual fundraising event that brings together top entertainers and corporate leaders to support The Trevor Project’s life-saving, life-affirming work for LGBT youth in crisis. As part of this partnership, Kimpton hosted the TrevorLIVE kick-off party on April 23 at the Eventi, a Kimpton Hotel, in NYC where more than 200 guests celebrated and posted #lovethyselfie photos in support of LGBT youth.
Kimpton’s guests can also become involved and help support The Trevor Project by using a designated rate code when booking their rooms directly through Kimpton. By entering in the code “TRPR” when booking, guests will receive 10 percent off of their total room cost and Kimpton will donate $5 for every room reserved using this code.
Over the last 33 years, Kimpton has developed strong working relationships with pro-LGBT groups such as the Mautner Project, National Lesbian & Gay Journalists Association, The National Center for Lesbian Rights, The Transgender Law Center and The National Gay & Lesbian Chamber of Commerce. All Kimpton hotels are members of IGLTA (International Gay and Lesbian Travel Association), and TAG approved, a certification that assures gay-friendly hotel practices. Since 2004, Kimpton has also maintained a perfect rating on the Human Rights Campaign Foundation’s Corporate Equality Index.
To learn more about Kimpton Hotels & Restaurants and its LGBT initiatives, please visit www.KimptonHotels.com/lgbt, www.KimptonHotels.com, www.LifeisSuite.com, www.Facebook.com/Kimpton or www.Twitter.com/Kimpton.
ABOUT KIMPTON HOTELS & RESTAURANTS
San Francisco-based Kimpton Hotels & Restaurants is the leading collection of boutique hotels and restaurants in the United States and the acknowledged industry pioneer that first introduced the boutique hotel concept to America. In 1981, Bill Kimpton founded the company that today is renowned for making travelers feel genuinely cared for while away from home through thoughtful perks and amenities, distinctive design that tells a story and inspires a sense of fun at each hotel and a sincerely personal style of guest service. Out to help people live full, balanced lives, Kimpton aims to inspire with touches like yoga mats in every room, complimentary coffee and tea to start the day, hosted evening Wine Hour, in-room fitness programming and complimentary bike rentals. The award-winning restaurants and bars are led by talented chefs and bartenders that offer guests a chance to dine like a local. Kimpton also leads the hospitality industry in eco-friendly practices that span all hotels and restaurants, and is consistently ranked as one of the top companies in the Market Metrix Hospitality Index, Upper Upscale Segment, for Customer Satisfaction. The company is highly-regarded for its innovative employee culture and benefits and has been named a Fortune magazine “Best Place to Work” four times since 2009. Kimpton is continuously growing and currently operates 60 hotels and nearly 70 restaurants, bars and lounges in 26 cities. For more information, visit www.KimptonHotels.com and www.KimptonRestaurants.com.
ABOUT THE TREVOR PROJECT
Founded in 1998 by the creators of the Academy Award®-winning short film TREVOR, The Trevor Project is the leading national organization providing crisis intervention and suicide prevention services to lesbian, gay, bisexual, transgender and questioning (LGBTQ) young people ages 13-24. Every day, The Trevor Project saves young lives through its accredited, free and confidential phone, instant message and text messaging crisis intervention services. A leader and innovator in suicide prevention, The Trevor Project offers the largest safe social networking community for LGBTQ youth, best practice suicide prevention trainings, resources for youth and adults, and advocacy initiatives. Learn more at TheTrevorProject.org.
Mullgrav To Launch Capalino+Company’s Practice Focusing On Corporate Social Responsibility
April 23, 2014 (New York, NY) – Jeanne B. Mullgrav has joined Capalino+Company, bringing her decades of experience in public service to New York City’s leading government and community relations firm. Jeanne’s arrival at Capalino+Company coincides with the announcement of a new practice area focusing on Corporate Social Responsibility (CSR) that she will lead. In her capacity as Executive Vice President, Jeanne will build partnerships between corporations and institutions, their employees, and the communities where they live and work.
Utilizing its knowledge of government processes and its broad network in the New York City business and civic communities, Capalino+Company’s CSR consultancy will provide valuable strategic advice to corporate clients seeking to leverage their firm’s resources for public benefit through grant-making, donations, expertise, volunteer service and private-public partnerships.
“We are so pleased that Jeanne has joined our team,” said James Capalino, Capalino+Company’s Founder and CEO. “Increasingly, our corporate clients, in both traditional and new economy businesses, are looking to proactively integrate CSR programming into their brand identities. Businesses understand that civic leadership adds value to their products and boosts employee morale. Especially in the tech sector, where companies compete for highly qualified employees, CSR offers a critical means by which to express their values and ethics”.
From 2002 to 2014, Jeanne served as the Commissioner of The Department of Youth and Community Development Services (DYCD). Among her many responsibilities, Jeanne was tasked with the overall management of DYCD’s critical objectives of helping runaway and homeless youth reunite with their families or live independently, providing work-related education, strengthening and revitalizing low income communities, fostering increased literacy skills among adults, adolescents and families, and supporting the attainment of citizenship and facilitating access to public services. Her accomplishments include conceiving and implementing the largest municipally-funded after-school initiative in the nation, and modernizing the nation’s largest Summer Youth Employment Program with debit cards, a lottery, online applications and quality job placements.
Over the course of Jeanne’s tenure at DYCD, the agency became known for its innovative programming, transparent grant-making and commitment to community engagement and effectiveness. During that time, the Department’s operating budget increased from $165 million to more than $400 million.
Jeanne brings to Capalino+Company more than three decades of experience in both City and State Government and not-for-profit management – always in the pursuit of lifting up and providing support for her fellow New Yorkers.
“Since 1985, Capalino+Company has enjoyed a strong reputation for effective problem solving and community building,” said Jeanne. “I am excited by the opportunity to join the firm and expand its practice by working strategically with business leaders, policy makers and communities to promote positive social and environmental change and achieve lasting results. Corporations strive to be good citizens and know that strengthening their connection to communities means a stronger connection with consumers and employees. In short, doing good is good for business and for all New Yorkers.”
Travis Terry, Capalino+Company’s COO, added, “The new Mayoral administration has made a profound and honorable commitment to eliminating the root causes of inequality in our City. Corporations understand this and want to work with the new Administration to do their part in moving our City forward. Capalino+Company, under Jeanne’s exceptional leadership, has the unique ability to help institutions successfully deliver on these important objectives.”
Jeanne holds a B.A. from Swarthmore College and a J.D. from New York University School of Law. She currently resides in Yonkers.
Capalino+Company – founded in 1985 by James Capalino – is a strategic consulting firm specializing in government and community relations company in New York City. Combining unparalleled experience, a broad range of relationships and a deep knowledge of government processes, Capalino+Company collaborates with its clients to successfully navigate the complex rules, regulations and politics of local and state governments.
Disaster Relief Non-Profit Joins Wall Street Company on Social Mission
NEW YORK, April 23, 2014 – In its efforts to pair fiscal responsibility with social responsibility, Caritas Partners has formed a partnership with HEART 9/11, an organization committed to responding to disaster-stricken communities in crisis and to building accessible housing for wounded U.S. veterans.
Through the joint venture, companies working with Caritas Partners have the option of making a financial contribution to support the work HEART 9/11 is doing assisting communities facing crisis. By selecting Caritas Partners to execute a buyback (through Caritas parent broker/dealer du Pasquier & Company, Inc.), companies can choose to donate a minimum of 15 percent – up to 50 percent – of commissions to either HEART 9/11 or another charity or foundation of their choice. Caritas will also contribute 100 percent of commissions generated during the first day of trading to the client’s preferred charity.
“Both Caritas and HEART 9/11 were derived from the same core: a long history of expertise in a given field and a commitment to giving back and making our communities better,” said Bill Keegan, president and founder of HEART 9/11. “For us, it’s using our emergency response skills and training to assist those in need, and for Caritas, it’s leveraging decades of financial expertise trading billions of dollars and knowing how the market works. We are thrilled to align ourselves with Caritas Partners in offering companies a new way to think about giving.”
“I can’t think of a better collaborator for Caritas Partners than HEART 9/11, a group formed after September 11, 2011 whose volunteers – drawn from the FDNY, NYPD, Port Authority Police Department and NYC Building Trade Members – have come to define the safety, security and spirit of New York City,” said Richard C. Naso, founder and chief executive officer of Caritas Partners. “Companies now have a streamlined way to contribute to charities like HEART 9/11 as part of the regular business transactions that happen every day.”
Donating a portion of financial commissions – at no additional cost to the corporate client – is an option no other company currently offers as a platform, day in and day out. With buyback authorizations topping $755 billion last year and the interest in repurchases continuing in 2014, buybacks have been healthy for companies and shareholders – and through Caritas Partners, they can now be beneficial to social causes.
MIAMI, April 3, 2014 – Benihana Inc., the nation’s leading operator of Japanese theme and sushi restaurants, has officially kicked off the sixth annual “Children Helping Children” coloring contest as part of its Children’s Day activities.
From now until May 5, children ages 12 and younger visiting any Benihana location nationwide are encouraged to participate by drawing a picture to depict what the theme of “Children Helping Children” means to them. For each entry form received, Benihana will donate $1 to St. Jude Children’s Research Hospital®. On May 6, one winning entry will be selected from each restaurant and the child will be awarded a dinner for eight.
Benihana will also name one winning entry through Instagram. An adult parent/guardian simply needs to take a photo of the child’s submission and upload it to Instagram now through May 5 with the hashtag #BENIKIDS and/or #CHILDRENSDAY to be eligible.
“We are so pleased to partner with St. Jude Children’s Research Hospital for this amazing annual children’s event,” said Jeannie Means, Vice President of Marketing for Benihana. “Each year on May 5, Japan honors the nation’s children with a national holiday set aside to celebrate their growth and happiness. This promotion truly honors the theme of the holiday for both the young guests who visit our restaurants and participate in the festivities and for those who are directly impacted by the donation to St. Jude which allows them to continue their lifesaving mission of finding cures and saving children.”
Additionally, 100 percent of the purchase price of all Benihana Kabuki Kids meals served on Children’s Day, May 5, will be donated to St. Jude.
Since the program began, Benihana has donated more than $160,000 to St. Jude. The total collected funds from 2014 Children’s Day initiatives will be presented during a private event for St. Jude patients and their families held on the hospital campus in Memphis, Tenn., on May 21.
For more information about Benihana’s “Children Helping Children” promotion and contests, please visit
Headquartered in Miami, Benihana Inc. is the nation’s leading operator of Japanese theme and sushi restaurants with 95 restaurants nationwide, including 63 Benihana restaurants, seven Haru sushi restaurants and 25 RA Sushi restaurants. In addition, 15 franchised Benihana restaurants are operating in the United States, Latin America and the Caribbean. To learn more about Benihana Inc. and its three restaurant concepts, please view the corporate video at www.benihana.com/about/video.
NEW YORK, New York (April, 21, 2014) – Representatives and guests from the U.S. National Advisory Board to the Global Task Force on Social Impact Investment rang the Closing Bell at the New York Stock Exchange (NYSE) today to raise awareness about the role of public and private innovation and entrepreneurship in solving our greatest social and environmental challenges.
“Our society faces challenges that cannot be solved by government and philanthropy alone, spurring innovative approaches that harness the efficiency and discipline of markets. Impact investments deploy private capital for public good and are intentionally designed to deliver social or environmental benefits as well as financial return,” said Tracy Palandjian, CEO of Social Finance U.S. and co-chair of the National Advisory Board. Matt Bannick, Managing Partner of Omidyar Network, co-chairs the National Advisory Board with Palandjian.
A global effort was initiated at the June 2013 G8 meetings in London to explore how impact investing can accelerate economic growth and solve the world’s most pressing social challenges. At that time, the Global Task Force on Social Impact Investment (Task Force) was created and charged with: recommending policies to accelerate impact investing; establishing a common global approach for measuring social outcomes; and, encouraging greater engagement across foundations, institutions and private investors.
The National Advisory Board on Impact Investing rang the closing bell at the NYSE
The National Advisory Board is coordinating with, and advising, the Task Force, and will issue a report in early June 2014. The report will contain a set of policy recommendations to mainstream impact investing within the United States and globally, and is actively reaching out to key stakeholders and communities to get feedback, ideas and input.
“The early pioneers in impact investing have built significant momentum around creating a new market for companies and structures that generate a financial return while doing good for the world – in spite of a an outdated regulatory environment that does little to support this work,” said Jean Case, CEO of the Case Foundation and a National Advisory Board member. “Imagine the investment we’ll unlock to address big social challenges with updated policies that encourage and reward impact investing.”
The National Advisory Board is comprised of 27 thought leaders including private investors, entrepreneurs, foundations, academics, think tanks, impact enterprises, nonprofits, coalitions and intermediaries.
National Advisory Board members and guests on the podium for the bell ringing on Monday included:
Kristin Groos Richmond, founder and CEO of impact investment success story Revolution Foods also attended the Bell Ringing and said, “Revolution Foods is proof that you can start a business that provides both a financial and social rate of return.”
Revolution Foods is disrupting the world of school lunches by providing over 1 million healthy, affordable meals to students across the country, more than 60% of whom are in low-income households.
Five Teenagers Receive $5,000 Scholarships; 100 Receive $1,000 Scholarships
WASHINGTON, D.C. – April 16, 2014 – The National Federation of Independent Business Young Entrepreneur Foundation (YEF) has awarded five exceptional high school seniors with a $5,000 educational scholarship for their entrepreneurial accomplishments. The awards are part of the NFIB Young Entrepreneur Awards scholarship program that is designed to recognize, reward and encourage young men and women to pursue their dreams of owning and operating a small business.
On July 16, two of these five students will each be awarded an additional $10,000 scholarship to apply to their college tuition. At a ceremony in Washington, D.C., one student will be dubbed the “2014 Young Entrepreneur of the Year” and the other will earn the “2014 Dan Danner Leadership Award.” Both awards acknowledge the dedication and successes that these students have achieved as entrepreneurs and budding small-business owners.
In 2014, the NFIB Young Entrepreneur Foundation awarded 100 Young Entrepreneur Award Scholarships to students across the country. Each award is between $1,000 and $15,000. Student who received the Young Entrepreneur Award are seniors in high school who own and/or operate their own small business. The scholarships are used to help with tuition costs for the winners’ post-secondary education. NFIB’s Young Entrepreneur Foundation awarded $145,000 to deserving young entrepreneurs in 2014, thanks to the financial support from numerous small business leaders, corporate and foundation supporters. A complete list of donors is available here.
“America’s young people have caught the entrepreneurial bug, and we at the NFIB Young Entrepreneur Foundation could not be more confident in our next generation of business owners,” said Molly Young, Senior Manager of the Young Entrepreneur Foundation. “The number of applicants for the NFIB Young Entrepreneur Awards continues to grow and we are impressed year after year with the quality of these hard-working, innovative high school students who are making their entrepreneurial dreams happen. Our scholarship winners are driven to succeed; our nation’s future is all the brighter because of their determination and leadership. NFIB congratulates this year’s winners for their tremendous accomplishments and hopes the scholarships will assist these young entrepreneurs as they continue on their paths towards successful futures.”
NFIB’s Young Entrepreneur Foundation established its scholarship program to raise awareness among the nation’s youth about the critical role of private enterprise and entrepreneurship in growing America’s economy. The foundation selected today’s recipients from a nationwide applicant pool of more than 600 students. Award recipients will use the scholarships to attend the university, college, community college or career institute of their choice.Since 2003, YEF has awarded over 2,500 scholarships worth more than $2.5 million to graduating high school seniors.
To qualify for an NFIB Young Entrepreneur Award, students must be seniors in high school who own and/or operate their own small business. They are required to write an essay describing their entrepreneurial endeavors and future goals. NFIB members around the country interviewed the applicants for the Young Entrepreneur Awards.
National contest seeks non-profits that are profoundly impacting their communities for chance at$200,000 in cash and Zipcar credit
BOSTON – April 15, 2014 – Zipcar, Inc. today announced the launch of the “Communities with Drive” program, sponsored by Zipcar and Ford Motor Company. Communities with Drive is a national contest to seek and reward organizations that are having a profound impact on the communities in which they operate.
Now through Monday, June 30,501(c)(3) non-profit organizations are encouraged to visit www.zipcar.com/communitieswithdrive for details on the contest and how to enter for the chance to win the grand prize of $50,000 cash and $15,450 in Zipcar credit. The Communities with Drive program asks candidates to tell Zipcar who they are, what they do and the impact they have. Zipcar also wants to know how having “wheels when you want them” would improve their ability to deliver on their mission.
“Communities with Drive is our way of recognizing and rewarding local organizations doing their part to make cities better places to live,” says Zipcar President, Kaye Ceille. “With Ford’s support, we’re looking forward to seeing the great work being done in cities across the country, and helping these organizations better fulfill their mission.”
Zipcar will announce up to 25 finalists in June. The public will vote to determine the grand prize winner among these finalists. Communities with Drive will award a total of $200,000 in cash and Zipcar credit to the outstanding selected finalists. The Grand Prize winner will receive $50,000 in cash,as well as $15,450 in Zipcar credit to support their organization’s needs. Three runner-ups will receive $7,000 in cash and $8,100 in Zipcar credit. Additionally, all finalists will receive at least $2,000 in cash as well as $2,250 in Zipcar credit.
“We at Ford are excited to see a relationship that started with the Ford Focus and Escape continue to expand the future of transportation and improve communities across the country,” said Jim Farley, Executive Vice President of Global Marketing, Sales and Service and Lincoln. “Through this new program we can empower more organizations to meet their goals while helping Ford and Zipcar reduce congestion in the cities and local communities they support.”
Ford and Zipcar’s partnership took off in 2011 when Ford became the largest vehicle provider in Zipcar’s University program, introducing a new generation of drivers to fuel-efficient vehicles including the Ford Focus and Escape.
Zipcar, the world’s leading car sharing network has operations in urban areas and college campuses throughout the United States, Canada, the United Kingdom, Spain and Austria. Zipcar offers more than 30 makes and models of self-service vehicles by the hour or day to residents and businesses looking for smart, simple and convenient solutions to their urban and campus transportation needs. Zipcar is a subsidiary of Avis Budget Group, Inc. (Nasdaq: CAR), a leading global provider of vehicle rental services. More information is available at www.zipcar.com.
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 181,000 employees and 65 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit corporate.ford.com.