HFC Raises $1.4M For Child Abuse Prevention At 19th Annual NYC Gala

Mar 8 2017 | 10:03pm ET

Help for Children/Hedge Funds Care (HFC), one of the leading charitable organizations associated with the hedge fund industry, raised $1.4 million to help prevent and treat child abuse at its 19th annual NYC Hedge Funds Care Gala in New York March 2.

The event, held at the American Museum of Natural History in the Milstein Hall of Ocean Life, attracted more than 500 senior executives from some of the world’s most prominent hedge fund firms, leading investors and top industry luminaries. At the event, Goldman Sachs was recognized as the HFC 2017 Finance Industry Honoree in recognition of the company’s long-standing commitment to HFC and their mission of preventing and treating child abuse. 

Don MacNeal, HFC’s Global Board Treasurer, spoke of the generous support that Goldman Sachs has made to HFC over the past 19 years, “Through the firm’s philanthropic contributions and through the grant recommendations made by the firm’s partners through Goldman Sachs Gives, Goldman Sachs continues to inspire others to support HFC’s core work of protecting and healing children.” 

Receiving the award on behalf of Goldman Sachs was Dean Backer, Managing Director at Goldman Sachs and Chair of the Board of Directors of HFC, and Anne Black, President of Goldman Sachs Gives. “Helping children is a cause near and dear to many of our partners’ hearts, myself included,” said Backer in accepting the award. “We are fortunate that there are so many organizations - like Help for Children – working tirelessly to help the world’s most vulnerable.”

Help For Children (HFC), established in 1998 as Hedge Funds Care, is a global foundation supported by the alternative asset management industry. HFC provides grants to the most effective and efficient child abuse prevention and treatment interventions in seven counties, making the world a safer place for children. Since 1998, HFC has distributed over $47 million in grants, positively impacting the lives of over 87,000 children and families annually.

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