The Links Foundation is currently applying for registered charity status with the Charity Commission. Howard Lake | 1 April 2004 | News 14 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis New charity to fund long term unemployed projects Working Links, specialists in helping long term unemployed people back into work has launched a new separate charitable entity which will invest in community projects nationwide.A spokesperson for The Links Foundation explained why it was set up: “we know fromthe past achievements of the Community Reinvestment Fund what a big difference it can make for local projects to be able to access funding without overly complex rules and procedures governing their award.”The foundation’s board will decide which projects to fund based on “straightforward proposals” and will maintain contact with selected initiatives to ensure effective use of the funds. Advertisement
Get ready for a little Bruce Springsteen, with “Bruce In the USA,” a cover band, performing at the Music Pier in a show sponsored by American Legion Post 524. (Photo courtesy American Legion Post 524) By Doug OttoThe high-energy tribute band, “Bruce In The USA,” will appear at Ocean City’s Music Pier on Saturday, June 29, at 7 p.m. The concert promises a note-perfect and visually accurate recreation of a Bruce Springsteen & The E Street Band show.The event is sponsored by Ocean City American Legion Post 524, and proceeds benefit veterans and their families.Titled “The World’s Greatest Tribute to Bruce Springsteen & The E Street Band” by AXS TV, the Bruce In The USA Band consists of seasoned, world class, professional musicians.Matt Ryan, from the famous “Legends In Concert” cast, began playing the Springsteen character in 2000. His success in the Las Vegas show brought him to performances across the world, eventually evolving his character into the Bruce In The USA show.Proceeds of the “Bruce In the USA” concert will go to veterans and their families of American Legion Post 524.Tickets are priced at $35 and may be purchased at:The Ocean City Welcome Center, 861 Asbury Avenue, from 9 a.m. to 6 p.m.The Roy Gillian Welcome Center, 300 West 9th Street/Stainton Memorial Causeway from 9 a.m. to 4 p.m. daily and Saturday from 9 a.m. to 2 p.m.The Music Pier Box Office, Boardwalk and Moorlyn Terrace, from 9 a.m. to 5 p.m. daily.By calling (609) 399-6111At www.ocnj.tix.com
continue reading » I am several years away from retirement, and while I sometimes daydream about the day that I’ll officially retire from the “rat race” (particularly on those long, tough days at the office) and trade my suit and tie for hunting gear, I recently learned that many Americans are delaying retirement. I found this surprising, so I sat down with Reuben Escobedo, Retirement Plan Specialist at SWBC, who has nearly 17 years of experience in the financial and retirement industry, to learn more about this trend and find out just why so many Americans are delaying their exit from the workforce.According to the Pew Research Center, 9 million Americans 65 and older have full- or part-time jobs, an increase of 6% from 2000 to 2016. So, why are so many Americans delaying retirement? Well, several factors play a role including the economy, social security benefits, the desire to continue working, and access to health insurance.One of the greatest factors for delaying retirement is the rise of average life expectancy. A 2013 Boston College’s Center for Retirement Research found that on average, male and females are now living 3.8 years longer than they did in 1979. “It is becoming more and more common to see people working well into their 70’s, if not even further in age at times,” said Escobedo. “McDonalds recently celebrated one of their cashiers who is 94 years old and has been working for them since 1973.”Let’s break down a few factors that play a role in delaying retirement. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
The pension fund of Hoogovens, part of Tata Steel, posted a net return of 8% in 2016.Real estate generated 5.6%, an underperformance of 2.3 percentage points, making it the only asset class falling short of its benchmark.Equity – a combination of passive and active management – returned 9.3%, an outperformance of 0.4 percentage points, with its internally managed portfolio outperforming by 3.8 percentage points.Its fixed income holdings delivered 4.7%. This allocation consisted primarily of euro-denominated government bonds, covered bonds, and residential mortgages, which are primarily deployed as an interest rate hedge. Hoogovens said it had introduced a new benchmark for the physical components of its fixed income portfolio based on Iboxx indices.Jelle Beenen, the scheme’s CIO, explained that the pension fund wanted to improve its ability to compare the risk premium for government bonds and covered bonds with the markets.Credit yielded 12.9%, with all high-yield managers producing a “significant” outperformance, according to the pension fund.Hoogovens said it planned to invest in direct loan portfolios focused on European smaller companies. In addition, it issued two mandates for American bank loans.The Pensioenfonds Hoogovens saw its asset management costs drop to 0.26% and its transaction costs remain stable at 0.08%.It attributed the relatively low management costs in part to its internal asset management, and the fact that 50% of its equity holdings were passively managed. In addition, the scheme had limited stakes in complicated or illiquid investments.Based on its funding of 106.5% of year-end, the board indicated that it may achieve a 50% indexation within five years. However, it also noted that the chances of ever granting a full inflation compensation in arrears – currently more than 13.5% – would be slim.At April-end, the pension fund’s coverage ratio had increased to 112.1%. The €8.1bn Hoogovens pension fund has largely implemented a new strategic investment plan introduced last year, increasing its stakes in equity, credit, and property at the expense of traditional fixed income.In its annual report for 2016, the steelworks scheme said it had raised its equity allocation from 35% to 40%, while ramping up its credit holdings from 6% to 10%, based on an increased risk appetite among its members.The fund said it was still in the process of increasing its combined property and infrastructure portfolio from 7% to 10%, with the process taking longer because of the asset class’ illiquid nature.The annual report showed that the scheme was seeking a risk profile between those of fixed income and equity for its real estate allocation, and aimed for stable returns from direct property. It also said it was considering branching out into international property.
Facebook0Tweet0Pin0 Submitted by Thurston County Would you like to help the local food banks gear up for summer, while having some fun at work? Start a food drive challenge!A large number of children in Thurston County receive subsidized breakfast and lunch at school. During the summer, they are more likely to go hungry. Area food banks encourage donations of peanut butter to help families while school is out—it doesn’t need refrigeration, it’s easy for kids to make sandwiches with, and it provides a good source of protein. And, of course, jam and jelly go with peanut butter.To help out, the Thurston County Public Works Department will be holding an internal Peanut Butter Challenge from April 6 to May 15. The good-natured competition will determine which division within the department can collect the most peanut butter and jam. The winning team will receive bragging rights, a root beer float party and a fun trophy.A similar effort in 2010 netted over 1,000 jars, which the Thurston County Food Bank (TCFB) distributed countywide. Public Works Director Ramiro Chavez, who joined the department in last August, is hoping to make the Peanut Butter Challenge an annual springtime food drive event for the department, and encourages other businesses and local governments to hold similar food drives. And it certainly doesn’t have to be just peanut butter—TCFB needs a variety of foods for summer and weekend programs, which include:FORKids school backpack meal program which helps hungry, homeless children. Two days’ worth of kid friendly foods are provided on Fridays at area elementary schools. Summer School Lunch Program, under the umbrella of the Office of the Superintendent of Public Instruction, provides sack lunches to children in collaboration with local service providers. Summer Mobile Meal Pilot Program, funded by local donations, provides sack lunches to children living in low-income neighborhoods.TCFB serves 15,000 families annually through a variety of programs. These families include 47,000 individuals, half of which are children. Last year the number of visits increased 20 percent to 284,000. The food bank distributed 6 million pounds of food, which included locally-sourced food and federal food products.So start your own challenge this spring, and share your organization’s efforts on the Facebook pages of the Thurston County Food Bank or Waste Less Food—Thurston Solid Waste. TCFB can provide sample emails and flyers for you to use, as well as collection bins in a variety of sizes. Please contact Fran Potasnik with TCFB at (360) 754-5703 or [email protected]
By Denise DiStephan |Amy Handlin, a Republican who was reelected to her District 13 Assembly seat in 2017, is not running for re-election in 2019 when her two-year term expires.Handlin, 62, who has represented the northern Monmouth County district since 2006, retired from her teaching position at Monmouth University at the end of the spring semester and decided, after 30 years in politics, that it was also time to retire from the public sector to have more time for family, travel and new career interests.“When I retired from Monmouth, I started re-evaluating and, after so many years of public service, it seemed to make sense to leave now so I don’t run out of energy or ideas,” Handlin said in a telephone interview. “I’ll be able to look back and reflect on a wonderful career.”And when she reflects, she said what she’ll remember most fondly are the times she worked with residents on important causes, like the time she worked with a local group that successfully fought a Jersey Central Power and Light Company (JCP&L) proposal to build a controversial high-voltage transmission line between Aberdeen and Red Bank.This year an administrative law judge, and then the state Board of Public Utilities, pulled the plug on the proposal residents and officials said would negatively impact public health, property values and aesthetics.Handlin, whose district includes the five towns the line would have passed through – Aberdeen, Hazlet, Holmdel, Middletown and Red Bank – said it was the same proposal JCP&L had pushed about 30 years ago.“It was the second time we had to fight that,” Handlin recalls. “Citizens should always speak up, speak loudly and make sure they’re heard. That’s the great gift of being an American.”Ron Morano, a JCP&L spokesperson, said in a telephone interview the utility is not appealing the decision and had no further comment.Now that she is retiring, Handlin said she wants to spend more time with family, including her two children, travel and pursue consulting and writing work.Another constituent issue Handlin has been working on is the problem of scam artists who prey on senior citizens, often through phone calls. For Handlin, the fight is personal: con artists bilked her 92-year-old father-in-law of large sums of money through a series of cons before the family became aware of it.Handlin and state Sen. Vin Gopal (D-11) introduced a bill forcing telecommunications companies to include free information about fraud and scams in public outreach already being sent to customers. If the bill becomes law, the director of the Division of Consumer Affairs will determine a warning statement to be published and contact information for other state and federal agencies will be attached.Telecommunications companies charging customers for scam protection is “one of the things that steams me,” Handlin said. The bill would eliminate that.Handlin, a Middletown resident, was a Monmouth County freeholder from 1990 until 2005 and on the Middletown Township Committee from 1987 to 1990. Her legislative office is in Red Bank.Handlin earned a bachelor’s degree from Harvard University, an MBA in marketing from Columbia University and her doctorate from New York University. She was as an associate professor of marketing at Monmouth University for the past 27 years.This article was first published in the Oct. 25 – Oct. 31, 2018 print edition of The Two River Times.