The non-profit organization 100 Women in Hedge Funds has raised $1.27 million this year.
100WHF announced in a statement Thursday that the organization raised the funds through its annual New York Gala and other regional fundraising events this year. The money raised will go toward Best Buddies International, a global nonprofit that created opportunities for one-to-one friendships, employment and leadership development for people with intellectual and physical disabilities.
An undisclosed “special donation” was also collected at the organization’s New York Gala on Wednesday night at Cipriani 42nd Street for CurePSP in honor of the late Karen Cook, the former chief investment officer of Steinhardt Management, who passed away on October 2 from the rare neurodegenerative disease. CurePSP is a foundation dedicated to the care, education and research of Progressive Supranuclear Palsy (PSP).
100WHF was formed in 2001 to organize various activities throughout the year that fit its three-pronged philanthropic mission: mentoring, women’s and family health, and education. It has since raised over $33 million for various charities.