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Beyond Auction Items
Thursday, February 19, 2015
If you follow happenings at G2, you will notice that we regularly attend events hosted by Hedge Funds Care, also known as Help For Children (HFC), and update our Events page with highlights of each fundraiser. Recently, G2ís James and Peter Kohli reported that they and other attendees at the Sneaker Ball had a chance to bid on a signed pair of Shaquille OíNealís size 22 sneakers. Beyond writing about event highlights and auction items, we thought we would share information about this charity and some of the important work it accomplishes.
HFC is an international charity supported largely by the alternative investment community; its mission is to prevent and treat child abuse. Here are some of the discouraging and frightening statistics we have learned about child abuse at various HFC events over the years: Abuse is the 3rd leading cause of child deaths. Four children die per day of abuse or neglect. One in four girls will be sexually abused by age 18. Each year in the U.S. more than 3.3 million incidents of abuse, which involve as many as 10 million children, are reported. The need for an organization like HFC is at once both overwhelming and sobering.
HFC helps fund child welfare organizations in the United States and around the world. The money raised from events like the Sneaker Ball enable HFC to support services that span the entire spectrum from preventive and educational services for at-risk families to forensic interviews and treatment of children who have already experienced abuse.
Since its inception in 1998, HFC has accomplished a great deal. It has awarded over 1,000 grants totaling more than $37 million to child abuse prevention and treatment programs and helped tens of thousands of individuals. Each year it distributes approximately $3.7 million in grants to over 100 organizations. For instance, HFC funds the Trauma Recovery Program at the New York Society for the Prevention of Cruelty to Children. This program helps children that have endured physical and sexual abuse recover and heal.
G2 is committed to corporate social responsibility. We are proud to support Hedge Funds Care.
We look forward to the 17th Annual NY Open Your Heart to the Children Benefit on March 5th.