News

Merrill taps rich investors for ex-convict social-impact bond

(Yahoo! Finance) – NEW YORK, Dec 30 (Reuters) – Merrill Lynch and U.S. Trust reached out to some high-powered clients this quarter to invest in a social-impact bond whose proceeds finance a program to lower recidivism rates among ex-convicts in New York.

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USAID Convenes Partnership to “Prime the Pump” for Social Entrepreneurship

WASHINGTON, D.C. – This week, the U.S. Agency for International Development (USAID), with General Atlantic, Newman’s Own Foundation, The Pershing Square Foundation, Rockefeller Philanthropy Advisors, and Echoing Green announced a three-year partnership

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PRACTICE MAKES PERFECT, INC. AWARDED $100,000 FROM THE PERSHING SQUARE FOUNDATION

New York, NY (December 9, 2013) – Today, Practice Makes Perfect, the New York City-based nonprofit dedicated to providing underprivileged students with the tools and guidance needed to develop and succeed, was awarded a $100,000 grant from The Pershing Square Foundation.

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The Pershing Square Foundation shapes emerging discipline of global health delivery

This simple yet powerful idea launched the field of global health and has inspired action and leadership among individuals, communities, and governments alike. Now, The Pershing Square Foundation is helping to advance global health delivery as a significant academic discipline by giving $4 million to establish an endowed professorship at Harvard Medical School.

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The Pershing Square Foundation Partners with The Sohn Conference Foundation To Launch $25 Million Cancer Research Alliance

The Pershing Square Sohn Prize for Young Investigators in Cancer Research in New York City will award five or more prizes each for $200,000 per year for up to three yearsPR Newswire

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The Pershing Square Foundation Launches Saïd Business School MBA Scholarship Programme

The Pershing Square Foundation (PSF) announced the launch of the Oxford Pershing Square Graduate Scholars Programme in New York City. The Programme will help extraordinary individuals develop and realize their potential to become global leaders and to address world-scale challenges for the benefit of society.

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Take one philanthropist plus one hedge fund

By Emma Boyd (Financial Times) – Business schools seem to be doing well out of hedge funds  of late. Just three months after Brevan Howard gave £20.1m to Imperial  College Business School, the Pershing Square Foundation has announced a gift  of £4.5m to Saïd  Business School at Oxford university.

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Using Investing Acumen To Put Dollars Into Impact

By Rachael Chong (Fast Company) – Bill Ackman is very wealthy. He’s trying to put that wealth to good use not through charity, but through investing it in high-impact organizations. The trick is finding the ones that both give returns and make a difference.

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The 5 Most Generous On Wall Street

By Alexander Stein (FastCompany) – As part of our series on generosity in business, we’re looking at some of the financial wizards who are using their skills and assets to give back to society in the most impressive and inspiring ways.

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Bill Ackman donates record $1M to Innocence Project Recipient will use the money from hedge funder’s Pershing Square Foundation to pay for efforts to change local police practices and policies that can lead to unjust convictions.

By Theresa Agovino (Crain’s New York Business) – The Innocence Project received a $1 million donation—its largest ever—from the Pershing Square Foundation.

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