How Running Can Help End Poverty In NYC

  • The New York City Marathon is probably the most famous running event in the world – or at least top three.
  • This year’s Marathon will be run on Sunday.
  • Whitney Tilson,founder and Managing Partner of Kase Capital Management, will be taking part in the Marathon, while donating money to the Robin Hood Foundation. Here’s how you can help too.

This year’s New York City Marathon will be run on Sunday by roughly 50,000 people from all around the globe – including several celebrities like Alicia Keys, James Blake and Ethan Hawke.

Among the people jogging from Staten Island to Central Park will also be 49-year-old hedge fund manager and philanthropist Whitney Tilson. But Tilson will be not just running for glory or health, he will also be sprinting for charity.

Mr. Tilson recently sent an email out telling investors he would be racing to help Paul Tudor Jones’ Robin Hood Foundation, his favorite charity (along with KIPP).

For those unfamiliar with the Foundation, “Robin Hood is New York's largest poverty-fighting organization, and since 1988 has focused on finding, funding and creating programs and schools that generate meaningful results for families in New York's poorest neighborhoods (Robin Hood).

Every year, the Foundation fields a team to run the marathon, looking to raise funds in the process. This year, the team will include Mr. Tilson.

So, how can you help Mr. Tilson and the Robin Hood Foundation?

You can donate to Robin Hood on Tilson’s fundraising page.  

The hedge fund manager just donated $100 per mile ($2,620 in total). In addition, for motivation to run faster, he promised to donate an extra $10 for every minute that he finishes faster than 4:22 (a 10-minute mile for 26.2 miles).

In addition, Tilson asked people to recommend any running/workout songs to download onto his phone to listen to during the race. So… feel free to chip in.

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Posted In: NewsHedge FundsEventsGeneralKase Capital ManagementNew York City MarathonNYC MarathonRobin Hood FoundationWhitney Tilson
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