The Bailard Foundation Distributes $1M in its First Five Years
2024年7月18日 - 12:00AM
ビジネスワイヤ(英語)
Through the Foundation and volunteer events,
Bailard, Inc. continues to prioritize and support community
impact
Bailard, Inc., an independent wealth and asset management firm
in the San Francisco Bay Area, proudly announces its Bailard
Foundation reached $1 million in grants and donations distributed
in just its first five years. As of June 30, 2024, the Bailard
Foundation has distributed $1,008,037 since its inception in June
2019, over 90% of which has directly benefited the local Bay Area
community.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240717989078/en/
Through the Foundation and volunteer
events, Bailard, Inc. continues to prioritize and support community
impact (Photo: Business Wire)
“Reaching the $1 million mark is such a momentous milestone for
the Foundation and the firm,” said Sonya Mughal, CEO of Bailard.
“Through the Foundation, we’ve been able to make a real impact on
the local community through causes that are dear to the hearts of
our firm and employees. Bailard, for decades, has been devoted to
bettering the community around us and giving back to those less
fortunate, and the Foundation serves as a pillar of that
commitment. I’m thrilled to see the good that it has already
accomplished and look forward to all that it will accomplish in the
future.”
The Bailard Foundation focuses on three core areas—affordable
housing, homelessness & poverty, and financial literacy—which
to date, the Foundation has given $617,185. Beyond this focus, the
Foundation offers an employee charitable matching program and
continues to support long-standing community partnerships that
pre-date its creation. Bailard also organizes frequent employee
volunteer opportunities in the community, a practice that also
pre-dates the Foundation’s creation.
Bailard launched the Foundation to formalize the firm’s
decades-long dedication to giving back and to correspond with the
50th anniversary of the company’s founding in 2019.
“During my nearly 30 years at Bailard, I’ve seen how important
giving back has been to the firm and its employees,” said Kim
Aquino, CFP®, a Senior Vice President with Bailard and a member of
the Foundation’s board of directors. “Launching the Foundation was
such a natural step for Bailard and its values-driven,
compassionate culture. Achieving the $1M mark shows how deeply
Bailard and our employees care, not just about one another and our
clients, but also the greater community. It’s been a real honor to
serve on the board and act as a catalyst on behalf of the
firm.”
Earlier this year, Bailard, Inc. announced its certification as
a B Corporation™. Bailard, Inc. has also been named a Top 100
Corporate Bay Area Corporate Philanthropist by the San Francisco
Business Times each of the last four years, from 2021 – 2024.
About Bailard, Inc.
Founded in 1969, Bailard is an independent, value-driven asset
and wealth management firm serving individuals, families, and
institutions alike. Bailard has built a long‐term asset management
track record across domestic and international equities, fixed
income, and private real estate, as well as robust, in-house
sustainable, responsible and impact investing expertise. Through it
all, Bailard works with clients to align their financial goals with
their values. Based in the San Francisco Bay Area with over $6.1
billion in assets under management as of 6/30/2024, Bailard is a
majority employee-owned and women-led firm, a Certified B
Corporation™, and a Principles of Responsible Investing
signatory.
On the Foundation board of directors are friends of
Bailard—including chairwoman Terri Bailard, widow of firm
co-founder Tom Bailard—and current employees.
About the Corporate Philanthropy Awards: For 24 years the San
Francisco Business Times has published the Corporate
Philanthropists List. The list features 100 top corporate
philanthropists in the Bay Area ranked by local cash giving. It
includes for-profit companies and nonprofit health care
organizations that made contributions to Bay Area-based charitable
organizations in the following counties: San Francisco, San Mateo,
Alameda, Contra Costa, Marin, Napa, Santa Clara, Solano, and
Sonoma. The Corporate Philanthropy Awards program was founded in
partnership with Northern California Grantmakers. A portion of the
proceeds goes to NCG to fund the Corporate Philanthropy Institute,
with the mission to educate more companies about effective giving
and best philanthropy practices. The aim is to honor those who give
the most and in doing so to help raise the bar and inspire more
giving. This achievement does not evaluate the quality of services
provided to clients and is not indicative of Bailard’s future
performance. The San Francisco Business Times Top 100 Bay Area
Corporate Philanthropists is an annual award, given to Bailard,
Inc. by the San Francisco Business Times in July 2023, July 2022,
and July 2021. Each year, 100 firms appeared in the San Francisco
Business Times list. Bailard ranked #79 in 2023; #82 in 2022; and
#89 in 2021. The 2024 rankings list has not yet been announced but
will be announced by the publication later this month. There was no
fee to enter. Bailard, Inc. received this award; almost all
donations from Bailard are given through the Bailard Foundation,
except for 4% in 2023; 2% in 2022; and 4% in 2021.
All investments have the risk of loss. This is not a
recommendation of, or an offer to sell or solicitation of an offer
to buy any particular security, strategy, or investment
product.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240717989078/en/
Caroline Andrews bailard@fullyvested.com