News

Investing in Society and Getting an ROI

By Kate Rogers (FoxBusiness) – High net worth investors are seeking a new way to grow their cash, and some are turning to public-private partnerships to put capital in the hands of society’s most needy. Bank of America (NYSE: BAC) Merrill Lynch is offering investor clients the opportunity to partake in social impact partnerships, with … Continued

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Wall Street funds cancer-research up-and-comers

Bill Ackman invests in young research scientists. Here are the first six to benefit. By Barbara Benson (Crain’s New York Business) – Home to some of the top medical institutions in the country, New York City attracts millions of dollars in annual federal research funding.

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PRESS RELEASE: Inaugural Pershing Square Sohn Prize Awarded to Six Young Scientists in New York City to Further Innovative Cancer Research

Prize forms part of $25M Pershing Square Sohn Cancer Research Alliance The Pershing Square Sohn Cancer Research Alliance today announced the winners of the inaugural Pershing Square Sohn Prize for Young Investigators in Cancer Research.

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Tony Awards: Signature to Receive 2014 Regional Theatre Honor

By David Rooney (The Hollywood Reporter) – NEW YORK – Signature Theatre has been chosen to receive the Tony Awards’ 2014 Regional Theatre Award, marking the first time that the honor will be presented to a New York-based company.

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Scene Last Night: Ackman, Flatto, Sohn for Cancer Research Prize

By Amanda Gordon (Bloomberg Business Week) – Three days after announcing a $17 million donation to Harvard, activist investor Bill Ackman disappeared into a roomful of scientists to decide where his and his wife’s next gift should go.

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Harvard Human-Behavior Initiative Funded

By David I. Laibson (Harvard Magazine) – The University announced today that the Pershing Square Foundation—founded by Bill (William A.) Ackman ’88, M.B.A.’92, CEO of Pershing Square Capital Management, and Karen Ackman, M.L.A. ’93—has donated $17 million to “catalyze”a “foundations of human behavior” initiative aimed at exploring “the psychological, social, economic, and biological mechanisms that … Continued

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PRESS RELEASE: The Pershing Square Foundation Awards $17 Million to Harvard University

CAMBRIDGE, Mass., April 14, 2014 /PRNewswire-USNewswire/ — Harvard University announced today that New York–based The Pershing Square Foundation (PSF), founded by alumni Bill Ackman AB ’88, MBA ’92 and his wife, Karen Ackman MLA ’93, has awarded the University $17 million to catalyze the work of Harvard’s Foundations of Human Behavior Initiative (FHB).

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Donor of the Day: Giving for Learning—And for Rowing

By Melanie Grayce West (The Wall Street Journal) – Billionaire investor Bill Ackman and his wife, Karen, like to support entrepreneurial organizations at an early stage. They look for projects where their involvement will make a material difference.

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‘Social Finance’: Doing Good by Doing Well

By Chris Farrell (Bloomberg Business Week) – Americans celebrate innovation, a term that the dictionary says stems from the Latin verb innovare—to “make new.” We all sense that a wave of innovations—mobile internet, robots, artificial intelligence, driverless cars—will transform the way we live and work.

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NAMI-NYC Gets Challenge Grant for Anti-Stigma Campaign

NAMI-NYC has received a challenge grant from The Pershing Square Foundation, created by investor Bill Ackman and his wife Karen.  The grant, announced at NAMI-NYC’s annual Seeds of Hope gala on December 5th, pledges to match a third of all donations to NAMI-NYC’s anti-stigma campaign #IWillListen up to $100,000.

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