ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Virtual, Inc. Launches Social Impact Fund to Advance Northeastern’s Massachusetts Promise Fellowship’s Mission to Support Underserved Communities

New Fund Will Help the MPF Initiative Provide More Academic, Career and Mental Health Resources to Communities Facing Financial Hardship

Virtual, Inc., the leading provider of professional services to standards organizations, consortia and associations, announced today that it is creating a Social Impact Fund as part of its sponsorship of the AmeriCorps Massachusetts Promise Fellowship (MPF) at Northeastern University. Through the Fund, Virtual will invest $25,000 over five years in the MPF program to support schools, city agencies and community-based organizations in the effort to help young people reach their full potential. The Fund will provide fellowship stipends where needed, such as grants to current MPF Fellows leading academic enrichment and college and career exploration projects at host sites.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221117005078/en/

(Graphic: Business Wire)

(Graphic: Business Wire)

“As we continue to grow as an organization, so does our ability to make our mark on the world around us, and we want to contribute to strengthening the communities around us,” said Virtual, Inc. CEO Andy Freed. “Virtual’s Social Impact Fund will support innovative, practical solutions to providing mental health, academic and career resources to communities in need. We are proud to be assisting the MPF and its mission to make a difference in the lives of people facing financial hardship.”

Northeastern University places 40 AmeriCorps Promise Fellows at non-profit organizations across the Commonwealth each year to support academic enrichment and college and career exploration. The MPF program is making strides with the residents of the communities it reaches:

  • 81% identify as BIPOC
  • 38% are the first in their families to go to college
  • 50% are serving in the communities they grew up in
  • 31% are alumni of the programs they are serving with as fellows
  • 44% grew up in low-income communities
  • 50% of fellows are pursuing coursework at Northeastern University

“Virtual’s support of our Fellows is incredibly impactful, as it allows for them to worry less about financial stress and instead focus more on their youth, communities, and their development as emerging leaders,” said Christine Roque, Director of the Massachusetts Fellowship Program.

About the Massachusetts Promise Fellowship Program

The AmeriCorps Massachusetts Promise Fellowship (MPF) at Northeastern University grew from America’s Promise Alliance, a collaborative network based on “5 Promises” that form the conditions youth need to succeed: Caring Adults, Safe Spaces, A Healthy Start, An Effective Education and Opportunities to Serve. America’s Promise is a thought leader in dropout prevention, closing the opportunity gap and supporting young people beyond high school. MPF is hosted by Northeastern University’s division of City and Community Engagement and supported by the Massachusetts Service Alliance and the Corporation for National & Community Service. Visit https://masspromisefellows.org/ to learn more.

About Virtual, Inc.

Virtual is a professional services firm that enables organizations to achieve their goals and make a mark on the world. Whether helping an organization go from zero to 800 corporate members in a mere 18 months or extending the reach and impact of an international group dedicated to curing prostate and breast cancer, Virtual provides strategic advisory and execution services that drive real results for technology consortia, standards groups and associations that are forming, growing or changing.

Virtual has been recognized on regional and national “Top Places to Work” lists and has previously been named on Inc. Magazine’s list of 5,000 fastest-growing private companies. Virtual is accredited by the AMC Institute, the global trade group that represents the association management industry.

For more information about Virtual, Inc., visit www.virtualinc.com or call +1 781-246-0500.

Follow Virtual, Inc. on Facebook, Twitter, LinkedIn and Instagram.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.