This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Steve Schwarzman Gives $500,000 To Support Elite Track & Field Athletes

The USA Track & Field Foundation (USATFF) today announced that Stephen A. Schwarzman, the Chairman, CEO and co-founder of Blackstone, has donated $500,000 to the USATF Foundation. The funding will be used to support world-class athletes in track and field who are the most likely winners of medals at the 2016 Olympics in Rio, as well as to create a matching gift program for other donors to the USATF Foundation.

Tom Jackovic, the USATF Foundation Executive Director, said, “Steve’s donation will enable us to find the best track and field athletes in the United States and ensure that, regardless of their circumstances, they have the time and resources to train for the Rio Olympics. The US has always been a powerhouse in track and field and this donation will go a long way to helping that continue.”

Steve Schwarzman added, “Track and field was a central part of my life from 5th grade through high school. From it, I learned team work, the importance of hard work and training, and the thrill of when your team won. I want every American who has the drive and the talents to succeed at the highest level in track and field to have the resources they need to do so, and I am delighted to support the USATF Foundation in this endeavor.”

Mr. Schwarzman founded Blackstone in 1985 and it is now the world’s largest alternative asset manager and financial adviser, with $210 billion under management as of the end of 2012.

About the USA Track & Field Foundation

The USATF Foundation provides a means to attract and guide funds to new and innovative track and field programs with an emphasis on providing opportunities for youth athletes, emerging elite athletes, distance training centers and anti-doping education. The Foundation depends upon donations from its Board of Directors, major gifts and from generous fans of track & field.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs