100 Women in Hedge Funds raises USD1.6m for youth mentoring charity
The 100 Women in Hedge Funds New York Gala has raised USD1.6m in support of Big Brothers Big Sisters of America, the oldest and largest youth mentoring organisation in the US.
Since its inception in 2001, 100WHF has raised close to USD20m for philanthropic causes in the areas of women's health, education and mentoring.
Each year, 100WHF’s board of directors selects one or two charitable organisations in the US and Europe to be the organisation’s philanthropic focus. Charities are chosen on a rotating basis across the areas of women's health, mentoring and education, with funds raised in 2010 supporting mentoring.
100 Women in Hedge Funds presented two awards at the Gala. The 2010 Industry Leadership Award honoured Dorothy Collins Weaver, chairman and chief executive of Collins Capital Investments. The 2010 Effecting Change Award went to T. Boone Pickens, founder and chairman of BP Capital.
Anne Popkin, chair of the board of 100 Women in Hedge Funds, says: “The Gala is an opportunity to commend those who, through their influence and leadership, have made a difference in our community. We chose Dorothy Collins Weaver for the Industry Leadership Award because of her professional accomplishments in the hedge fund industry. T. Boone Pickens was selected to receive the Effecting Change Award for his commitment to making a difference in the lives of youths in need.
“Big Brothers Big Sisters’ successful ‘Beyond Schools Walls’ programme was a natural fit with this year’s philanthropic theme of mentoring. We are pleased that the generous support of our members and sponsors will have a meaningful impact on a great programme.”
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