RJ and Makay

"Creating shared value," the new catch phrase used in corporate circles to describe the seemingly incompatible goals of making money and doing good in the world, was a key topic at the Committee Encouraging Corporate Philanthropy conference. The conference was held in New York on Monday as part of International Corporate Philanthropy Day.

These days, conference attendees agreed, philanthropy is no longer just about donating to charity but about executives making social responsibility a part of doing business. "Once you understand the impact you can have ... then you are on mission, then it becomes spiritual, it becomes part of the DNA of the company," says Bill Green, chairman of Accenture.

The philanthropic organization 100 Women in Hedge Funds (100WHF) begins its year-long 10th anniversary celebration with events at stock exchanges around the world. Today, 100WHF members are gathering in New York, London, Zurich, Chicago, and Toronto to commemorate 10 years of making a difference in the alternative investments community through educational programming, professional leverage initiatives, and philanthropic endeavors.

“I am extremely proud of our accomplishments over the last 10 years, most notably the growth of our membership, the hundreds of educational events we’ve hosted, and the more than $20 million we’ve raised for charitable organizations across the globe,” says Anne Popkin, Chair of the Board of 100WHF. “I am thrilled that our members all over the world are connected today in honor of such a momentous occasion.”