Tuesday, 25 March 2014

value investors from around the world



Darn school and McIntyre to publicly thank you Virginia alumnus Dan Anglin whose hits from Prince intergroup he was dance Visioneer that we looted to the early idea the vision of this conference well as Answer dance vision and his tireless work that made this conference possible I can see out there very well know you're out there somewhere dance I'd like you to standup where are you Among areas and the as part of the dance contributions we actually have our next segment is a is an award which is going to be presented by which I'm gonna turn the mike over to Ron Fairchild in Matthew Boulet a prince intergroup so when we bring them up and let those who need to exit the stage to sell so are on a map gonna am will do the changing of the guard them thank you can and I'm good evening I'm Ron Fairchild with the Prince Henry group and Prince Henry foundation and on behalf of everyone at the foundation. 



I really wanna thank you for being here I mean for your support at this event tonight in especially fun thank wanna thank you be a for their I'm posting up this our conference wonderful panel to get started with arm and I thought in that steam %uh value investing be good idea to tell you a little bit about the foundation the Prince Henry foundation and how that came about because I do think it has it connects very powerfully to theme that we're talking about this evening and tomorrow the foundation really got started as a vision a small group of people and an England Matthew Boulet myself and other investors really had an idea that we ate we all have our day jobs on but we also wanted to do something to really have an impact on society into produced real change in nonprofit organizations that we worked with in for me using my own background as a nonprofit executive that men really working with nonprofit organizations across the country to help them grow and expand and as any new startup on does we really look at the field other foundations what they were doing and really studied on the field of our a foundations and grantmaking and really want to do something unique and what we saw when we looked around at what other foundations were doing as we saw that a lot of foundations were giving seed money and venture capital to test new ideas often foundations will do this on a time limited basis and to test new initiatives in new programs and we didn't see that as our particular niche is something that.

We wanted to do as a foundation will be trite what we're trying to do is a foundation is tackle a far greater challenge that we see in the foundation in the nonprofit community and that is backing proven solutions on in really providing sustained investment and support for nonprofits that are really making a powerful difference wanna spotlight those organizations surround them with support both financial and human capital support and really help them grow and expand and go to scale so the organizations were supporting this year are relatively small nonprofits that have a proven track record of success based on research and we're helping them grow and expand were helping us small program called Harlem RB I N in East Harlem in New York launch a charter school were helping an organization in DC called the higher achievement program. 

The really provides afterschool and summer programs for kids in high poverty communities grow that program an expanded in Baltimore in other communities and we're backing a group inom answer and %uh Mississippi Gulf Coast called the bigger McCarty foundation is working to rebuild youth programs that were really on destroyed after the after Hurricane Katrina so we really believe in these organizations we're working hard to support them and it's in that spirit tonight that we're recognizing our navigator of the year someone who's been a remarkable champion for public education reform and someone who's demonstrated how to attract Capital an investment to high performing nonprofit organizations so it really is a privilege to be with you tonight at this point gonna turn it over to Matthews going to tell you a little bit about the award so thanks good evening my name is Matty blame the director the fun for veterans education which provides college scholarships to veterans of Iraq and Afghanistan given the next Tuesday is Veterans Day I thought we might pause for a moment and ask are there any veterans an audience and if there are would you stand and be recognized thank you thank you for your service the navigator the Year award is presented to an investment professional who threw whose guests have time and capital has improve society and motivated others to Sir the money raised for the award through the Prince Henry foundation benefits a charity selected by the recipient I'm gonna talk more about their charity in a minute first I just wanna show you the award some the panel asked panelist talked about a storm

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