100 Women in Hedge Funds (“100WHF”), a leading non-profit organisation for professionals in the Alternatives industry,has announced that the Duchess of Cambridge and Prince Harry will now join the Duke of Cambridge with his patronage of 100WHF’s philanthropic initiatives, beginning January 1, 2013. Over the next three years, this non-profit organisation will focus its activity on Kate’s charities, The Art room, Action and Addiction and Harry’s charity Wellchild.
Founded in 2001, 100WHF offers its members unique educational, professional and philanthropic opportunities, and will focus its UK philanthropy on three specially chosen charities, one for each year of the partnership. 100WHF will continue to serve on The Charities Forum of The Duke and Duchess of Cambridge and Prince Harry to lend more general support to other Forum members. The young royals will now use their profiles to champion the work of 100 Women in Hedge Funds, which helps support charities in family health, mentoring and education and has so far raised $25 million (£15 million).
Commenting on the announcement, Mimi Drake, Global Chair of the Board of 100WHF and President of Permit Capital Advisors, said “We are thrilled to expand our partnership with The Duke of Cambridge to include The Duchess of Cambridge and Prince Harry. We share a common passion for charities in the areas of education, mentoring and family health. To date, our partnership has significantly impacted the charities we have supported and we look forward to building upon that success.”
100WHF enables its members and the broader community to make a difference through a series of global philanthropic initiatives. Through the dedication and hard work of its volunteer members and industry supporters, and their generous donations to its fundraising efforts, the organisation has made a positive impact on the lives of hundreds of thousands of people globally.
“When we first met The Duke of Cambridge, our shared interest in philanthropy and desire to leverage our efforts to have maximum impact formed the basis for our partnership and for our membership of TRH’s Charities Forum. That shared goal continues today, and we are pleased that the partnership will be expanded to include both The Duke and Duchess of Cambridge, and Prince Harry,” said Anne Popkin, 100WHF Association Board member and President of Symphony Asset Management.
Chair of the Board of the organisation, Mimi Drake said: “To date, our partnership has significantly impacted the charities we have supported and we look forward to building upon that success.”
The Art Room works with children to increase their self-esteem, self-confidence and independence through art. Many of the children are disengaged from mainstream education, disruptive or withdrawn and all have been identified as needing time away from their school. The charity’s emphasis is on teaching life skills while encouraging children and young people to both relate and engage with each other. The Art Room employs senior practitioners who are trained in psychotherapy, art, teaching and social work. The charity currently works in Oxford and in north London. The Duchess of Cambridge became Royal Patron of The Art Room in January 2012.