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_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.webp "On March 21, the roughly 70 employees of the Schuler Education Foundation, based in the affluent suburb of Lake Forest, Illinois, were summoned to an emergency all-hands meeting. Over the past two-plus decades, the nonprofit founded and funded by a former president of healthcare giant Abbott Laboratories, Jack Schuler, had spent at least $150 million counseling and tutoring more than 1,800 low-income students from Chicago and Milwaukee-area high schools to help them gain admission to elite colleges; those colleges in turn covered most (if not all) of the students’ tuition and other costs.<br/><br/>The employees, who first had to certify they wouldn’t record anything, were let into a Zoom room where the nonprofit’s executive director Joanne Bertsch read from a script announcing that the foundation would shut down on May 24. Everyone would be let go except for a skeleton crew of seven college counselors left to support students through August. <br/><br/>0:00 Introduction<br/>0:15 How Our Reporters Found Out About Jack Schuler<br/>3:05 Reporting On The Schuler Foundation<br/>5:45 Losing Money In The Market<br/>8:50 The Role Of Healthcare Stocks<br/>12:23 The Impact On Students And Colleges<br/>16:05 How The Foundation Behaved As Their Investments Lost Value<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=b52a7d62f78b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_5-giant-duck-monkey-piglet-chicken-bear-cat-cow-sheep-transfiguration-funny-animal-2023.webp "Animals girl")
⏲ 1 hour 34 minutes 6 seconds 👁 2.8K
_dum-laga-ke-haisha-title-song-124-ayushmann-bhumi-124-kailash-kher-jyoti-nooran-sultane-124-anu-malik.webp "YRF")
⏲ 3 minutes 27 seconds 👁 1.6M
_murray-sinks-buzzer-beater-as-nuggets-complete-20-point-comeback.webp "Jamal Murray sent the Ball Arena crazy, as the Denver Nuggets beat the Los Angeles Lakers in dramatic fashion")
_tere-hawale-full-song-arijit-singh-shilpa-rao-124-aamir-kareena-124-pritam-124-laal-singh-chaddha.webp "Kapil patel")
⏲ 7 minutes 33 seconds 👁 503
_this-is-the-most-dangerous-park-in-the-world-and-they-need-to-survive-on-the-lava-roller-coaster.webp "Prime Recap")
⏲ 15 minutes 33 seconds 👁 8.9K
_global-plastic-pollution-treaty-talks-hit-critical-stage-in-canada.webp "Global plastic pollution treaty talks hit critical stage in Canada<br/><br/>Thousands of negotiators and observers representing most of the world’s nations are gathering in the Canadian city of Ottawa this week to craft a treaty to stop the rapidly escalating problem of plastic pollution.<br/><br/>Each day, the equivalent of 2,000 garbage trucks full of plastic are dumped into the world’s oceans, rivers and lakes, according to the United Nations Environment Programme. People are increasingly breathing, eating and drinking tiny plastic particles.<br/><br/>Negotiators must streamline the existing treaty draft and decide its scope: whether it will focus on human health and the environment, limit the actual production of plastic, restrict some chemicals used in plastics, or any combination of the above. These are elements that a self-named “high ambition coalition” of countries want to see.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#TheManilaTimes <br/>#worldnews <br/>#plastic <br/>#pollution")
_natasha39s-all-truth-reveal-antulhayat-by-shehzadibutt-124124-episode-no-26.webp "Sunshine Novels 💫🍂")
⏲ 40 minutes 20 seconds 👁 724
_salaame-124-full-song-124-dhoom-124-abhishek-bachchan-124-uday-chopra-124-esha-124-rimi-124-kunal-124-vasundhara.webp "YRF")
⏲ 5 minutes 41 seconds 👁 14.2M
_salt-lake-city-still-thriving-for-olympic-games-2034.webp "Many cities have soured on the idea of hosting an Olympics in fear of cost overruns, but it appears Salt Lake City isn’t one of them! Buzz60’s Chloe Hurst has the story!")
_deleted-scene-124-sandhya-visits-prems-shop-124-dum-laga-ke-haisha-124-ayushmann-124-bhumi-124-sanjay-mishra.webp "YRF")
⏲ 1 minute 34 seconds 👁 1.1M
_koi-ladki-hai-song-124-dil-to-pagal-hai-124-shah-rukh-khan-madhuri-dixit-karisma-kapoor-124-lata-udit.webp "YRF")
⏲ 5 minutes 39 seconds 👁 79.4M
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