This holiday season, Spouting Rock is encouraging industry firms to follow their lead and make a charitable donation to the Gateway to Leadership Foundation as part of their holiday giving. Below is a letter from John Coyne, Chairman of Spouting Rock Asset Management, explaining the firm's generous decision.
I am writing to you today to personally share a charitable initiative that Spouting Rock has put in place this holiday season. In lieu of sending holiday gifts to clients and associates, we have decided to make a charitable donation on their behalf to the Gateway to Leadership Foundation.
The holidays are a time to be thankful for the many blessings in our lives, for generosity, and for paying it forward. Donating to the Gateway to Leadership Foundation not only aligns with the season of giving, but helps address the critical lack of diversity in the financial services industry by fostering career awareness and workforce readiness for highly motivated African-American and Hispanic university students.
During the 12 years that I have been directly involved with the Gateway to Leadership program - currently as Chairman of the Board of Trustees - I’ve seen firsthand the tremendous impact that Gateway can have on these students’ lives, providing them with education, counsel, and connections to which they would not otherwise have access.
During this season of giving, I ask you to consider a similar initiative at your firm. Click here to make a donation. Many companies match employee donations. If yours does, double the donation by submitting to your firm’s matching gift program.
Please don’t hesitate to reach out with any questions. I wish you and your family a joyous holiday season and all the best in the coming year!
Chairman, Spouting Rock Asset Management
Chairman, Gateway to Leadership Foundation Board of Trustees
Note: If you would like to include a message in your holiday cards to notify recipients that a donation has been made on their behalf to Gateway, we’ve crafted a short message that you can include. Consider using the text below in your holiday card or share an electronic version via email or on social media.
“In the spirit of the season, a donation has been made on your behalf to the Gateway to Leadership Foundation. Administered by the Money Management Institute, the Foundation supports a variety of programs to foster career awareness and workforce readiness for aspiring minority students seeking career opportunities in financial services. Visit www.mminst.org/gateway to learn more.”