Posts in Category: Philanthropist

George Soros Enjoys Helping Those Who Want To Battle Injustice

George Soros is known for supporting the arduous responsibilities demanded by legal entities, who release thousands of unlawfully imprisoned people and is devoted to financially backing a great many students who want to complete an education, students who otherwise might have been overlooked due to their failure to finance their academic endeavors according to nytimes.com.

Mr. Soros has an powerful history of charitable humanitarian actions. Mr. Soros has offered billions, to shore up industries that were penniless, as well as individuals who were impoverished. Mr. George Soros is for the most part, devoted to supplying financial support to individuals seeking to vanquish injustice, backing equal opportunity and to protect people’s freedom while challenged by prejudice. Mr. Soros is completely against the initiative marketed as the “War against Drugs”.

In fact, Mr. Soros is well-known to be for the most part an advocate of beneficial marijuana use. He also compassionately provided untold millions of dollars, for the intention of supporting Hillary Clinton in her presidential run. Prior to this gamble, George endorsed $1 million to uphold President Obama’s campaign for reelection. Mr. Soros is widely documented as a supporter for LGBT rights and is often seen as a protector of same-sex marriages.

A great many citizens across the world say that newly elected US President, Donald Trump is essentially a fake President and a tyrant. One such citizen who shares this mindset, is George Soros. Mr. Soros has known such evil men that rise to power, without any want to help others and creating chaotic distractions. Mr. Soros is an immigrant who arrived in America from worn torn and Nazi controlled Hungary. He is a well-respected survivor of the terrible Holocaust and has experienced personally how wicked men can control a nation and sow the seeds of their damaging lies among the common people.

George Soros and other citizens who have had industry dealings with Mr. Donald Trump, affirm that Trump had no desire to win the Presidency and was actually trying to foster global interest to his many company brands on Politico. Now that he is all of a sudden President, no one feels safe for what Trump might actually do. This is because Donald Trump himself never thinks things all the way through to their rational ending and regularly repeats his words, from a myriad of muddled thoughts.

George’s terrible experiences with the past are the rousing factor for his steadfastness to lend a hand to people who rise up to injustice. Mr. Soros is closely aware of how harmful the small-minded can be from his experience in Hungary throughout the war. Mr. Soros studied the fiduciary and economic industry, which aided him in garnering his immense wealth on Investopedia.

George Soros Strategy Wins Big in the Financial Market

George Soros established the Open Society Foundation in 1979 he decided that he had enough money to make a change in the society. His great success can be attributed to his great success as the hedge fund manager that allowed him to pursue his ambition of establishing the open societies in places when leadership is more of an authoritarian form of government. According to George Soros, Open Society Foundation is based on the recognition of the understanding of the inherent imperfection of the world. Soros believes that what is imperfect can be improved.

He started his work by supporting the black students at the University of Cape Town in South Africa through scholarships and the Eastern European dissidents to study abroad. His success in the financial market was something that gave him a greater degree of independence than most other people. It is the independence that has allowed George Soros to take a stand on the most controversial issues on https://en.wikipedia.org/wiki/Soros_Fund_Management. Soros was born in 1930 in Budapest and fled to Britain after surviving the Nazi occupation during the World War II to flee the Communist-dominated Hungary in 1947 and opted for England.

He went to school in London and later graduated with a degree in economics from the London School of Economics. He then moved to the United States and settled as he worked for various positions in several investment banks. He then founded his investment firm, Soros Fund Management, which made him accumulate a large fortune through the international investment fund.

He is the author of several books including the “The Tragedy of the European Union” in 2014. His essays and articles on http://www.georgesoros.com/essays/ revolve around society, politics, and economics, and they regularly appear in major magazines and newspapers around the world. People know him as” the man who broke the Bank of England” after he placed a bet of $10 billion that the Bank of England would have to devalue its currency. The market reacted as George Soros had predicted and the Bank of England was forced to exit the ERM and devalue the GBP that helped George Soros make $1 billion in profit.

George Soros is also known for running the Quantum Fund that generated an average annual return of more than 30% while he was the president. In fact, Soros’s prediction of the market including the famous GBP trade was what many think he was behind the Asian financial crisis in 1997 which he had placed a large bet against the Thai baht. He is a master speculator in the financial market, and his strategy is to study the broad-brush economic trends both in currencies and bonds. Soros is a short speculator who wins big through making huge bets on what he predicts to be the directions of the financial markets.

The original article can be accessed at ValueWalk.

Brad Reifler, the Journey to Starting the Forefront Management Group, LLC

It has been a long journey but Brad has finally made a mark in the finance and investment industry. So far, more than three investment firms including Reifler Trading cooperation, Pali Capital, and Forefront Management Group, can credit their immediate success to his determination and so can many others on whose management boards and steering committees he has served. Brad has over 30 years of experience in the investment and financial world that makes him one of America’s best financial minds.
How did he start?

Wikipedia shows that Brad graduated with a Bachelor’s degree in economics and political science from the Bowdoin College in 1981. Instead of turning to employment, he set out on establishing an independent career and founded the Reifler trading corporation, a company that dealt with the execution of global derivatives. As the company’s CEO, Brad steered it to unprecedented levels until the year 2000 when it was sold to Refco Inc.

With the experience he had gained with Reifler, Brad founded yet another company in 1995, Pali Capital, a broker-dealer with a keen focus on equity markets. He served as the company’s CEO between 1995 and 2008 during which time he steered it to achieve the excesses of $1 billion in commission income and expand operations to over four continents. His shrewd stewardship of Pali Capital demonstrated his mastery of the financial markets. This not only earned him a name but also saw him gain popularity and trust in the finance industry.

The journey to Forefront management group
After leaving Pali Capital in 2008 and buying his beautiful farm home, Brad set out to starting yet another company. In June 2009, he registered Forefront Management Group, LLC that has under its wings several other subsidiaries including Forefront Advisory and Forefront Capital Markets. He plans to use his financial knowledge and innovativeness in steering Forefront Management to such levels that could only be imagined for Pali Capital.

He has come up with very friendly and innovative strategies of getting the unaccredited investors, who make up to 99 percent of the general population, involved in the capital markets through education and transparency. What makes him and his strategies stand out is his high level of transparency and integrity. Brad wants Forefront to be seen as the safe place where persons can find investment options and save for the future.  Brad has a popular following on Twitter, where he can be reached for financial commentary on most of the days issues.

The Life and Charitable Giving of Dick DeVos

Dick DeVos (conceived Richard Marvin DeVos, Jr., October 21, 1955) is a visionary business specialist from Michigan. The child of Amway co-founder Richard DeVos; he served as President of the shopper merchandise dispersion organization from 1993–2002. In 2006, DeVos kept running for legislative head of Michigan, however, lost to Fair officeholder Jennifer Granholm In 2012, Forbes magazine recorded him as the 67th wealthiest individual in the United States, with total assets of around $5.1 billion. 

GRAND RAPIDS, MI – Almost 50% of $90.9 million the DeVos family gave away through their five family establishments in 2013 bolstered education initiatives. http://www.mlive.com/business/west-michigan/index.ssf/2016/01/devos_family_donations.html#incart_river_home

This classification incorporates open and private colleges and Christian and open K-12 schools, and associations that give instructive administrations. 

In general, the family says its gifts fall into four general classes: instruction, wellbeing and group, arts and culture, and church and religious gatherings. 

With an end goal to see how the DeVos family portrayed its giving in 2014 for a story in Forbes Magazine, MLive broke down IRS filings of the family’s 2013 beneficent gifts, the most current record freely accessible. 

The IRS records are being partaken in the databases underneath to show how 567 gifts were classified, utilizing rules gave by family representative John Truscott. 

The databases incorporate beneficiaries, beneficiary area, gift sum and class for each of the five family establishments, including the Dick and Betsy DeVos Family Foundation. 

In spite of the fact that the family is additionally broadly known for its backing of traditionalist political hopefuls and issues, these IRS 990-based figures do exclude political commitments. In any case, a segment of the altruistic giving appeared here is to conservatively adjusted establishments, for example, research organizations. 

MLive’s examination demonstrated $60 million, or almost 66 percent, of the family’s 2013 gifts went to associations in Michigan, with the lion’s share staying in the Grand Rapids territory. 

The order is convoluted by many associations with a double mission. 

For instance, Christian Learning Center, in Wyoming, Michigan, is a religious association that gives after-school mentoring. For this situation, MLive chose the class training as best portraying the association’s basic role. 

However, Dick regularly gives to his own aviation high school as well. He is an avid pilot of both various models of airplanes and helicopters. You can see his passion personified in the video of his spectacular landing in his Michigan hometown below.

Wellbeing and the group are a classification that demonstrated the greatest scope of projects, from gifts to youth associations like the Young Men and Young Ladies Club to political research organizations like the Legacy Establishment in Washington, D.C. 

In light of MLive’s examination of the family’s 2013 giving, 48 percent of gifts were spent on instruction, 27 percent on wellbeing and group administrations, 13 percent on chapel and religious associations, and 12 percent on expressions and society.

To learn more about the career of DeVos, check out his LinkedIn page. If you’re interested to see more of his life story, check out his personal website or you can keep up with him on social media as he has an active presence on Facebook and Twitter.

I am incredibly grateful to my parents for initiating and encouraging by example the tradition of philanthropy within our family. We are happy to be a part of this great community!

Posted by Dick DeVos on Monday, January 4, 2016

Highland Capital Management’s Third Quarter Makes Gains and Takes Hits

Highland Capital Management’s portfolio has decreased from $4.19 billion to $3.43 billion according to the third quarter 2015 report. The Dallas-based company bought 69 new stocks and the market change dropped -30.81%. Despite the loss, Highland Capital was able to build the value of some of its recently acquired stocks. Highland also dumped several stocks including Envisions Healthcare Hldngs In (EHHI), McKesson Corp (MKC) and Laboratory Corp Amer Hldings (LCAH) to solidify its marketing position.

James “Jim” Dondero is the CEO and founder of Highland Capital Management. The hedge fund professional brings over 30 years of financial experience in equity markets. Dondero is considered one of the pioneers in the credit market with his development of Collateralized Loan Obligation (CLO) and other credit solutions. Throughout his career, Dondero has won numerous awards for financial excellence in equity funds management.

After graduating from the University of Virginia with a marketing degree, Jim went to work in the Morgan Guaranty training program followed by a short stint at Protective Life. He also worked at AUM and American Express before creating Highland Capital in 1993. Dondero currently serves as board chairman of Nexbank (NXB)and sits on the board of directors of MGM and Cornerstone Healthcare.

Highland Capital Management’s information technology sector has seen gains from 16% to 18%. The health and finance sectors were slashed by nearly 20% to concentrate on technology. Third quarter reports of 2015 show that American Arlns Group (AAG), Salesforce Com Inc (CRM) and Ishares tr (PUT) (TWM) proved to hold the reigning spots in Highland Capital’s portfolio. Although many of Highland Capital’s less profitable stocks were sold out completely, a strong list of stocks rose to the top ten ranking. A complete listing of Highland Capital’s holdings can be researched at the Texas hedge fund website.

This article was recapped from: http://www.octafinance.com/top-10-highland-capital-management-positions-in-q3-2015/323054/

Bruce Levenson and Karen Levenson Launch Center with Gift

Bruce Levenson and Karen Levenson Launch Center with Gift It was three years ago that Bruce and Karen Levenson had launched seed money and then followed with a major gift. This gift reported by PR News Wire was for The Center of Philanthropy and Nonprofit Leadership. This Center is at the University of Maryland. This has rapidly grown into a center that leads in philanthropic studies right in the Nation’s Capital. This was originally reported on PR Newswire. Exciting Opportunities and Programs The Center does have a solid mission in place. Students are given experiences and skills that will enable them to be the next generation of strong and solid leaders. The Center has sponsored the DO GOOD CHALLENGE. This challenge is now in its fourth year. This is a highly innovative campus that encourages and inspires students to make great social impacts on their favorite cause. Students are given many exciting opportunities at the Center that also include innovative programs and courses. Outreach, wildlife preservation, and disabled, and youth outreach have been the focus for 12 graduate students who had been to India. There are many exciting programs and opportunities that have been made available thanks to Bruce an Karen Levenson and their gift.