About Hedge Funds Care
Hedge Funds Care (HFC), established in 1998, is an alliance of hedge fund industry professionals committed to protecting children from abuse and neglect. The group includes money managers, investors, prime brokers, attorneys, accountants, and information providers. Funds are raised through annual Open Your Heart to the Children Benefits in New York, San Francisco, Chicago, Atlanta, Boston, Denver, Toronto, London and the Cayman Islands. To date we have distributed over $16 million in more than 405 grants! These funds are distributed locally to community based nonprofit organizations that provide:
- PREVENTION services to at-risk children and families
- TREATMENT for children who have been physically or sexually abused
- SUPPORT services to non-offending family members of children who have been abused
- PRIMARY PREVENTION through training to enhance awareness and understanding of abuse and neglect for children, parents and community members
- TRAINING for community members such as teachers, social workers, hospital/medical staff, lawyers, judges, and religious leaders on recognition of abuse and reporting of abuse
- RESEARCH on best practices in child welfare
- LEGAL ADVOCACY to children in crisis
There are several factors that contribute to the high incidence of child abuse and maltreatment today. Substance abuse, mental illness, domestic violence, prior victimization and poverty (linked with underemployment or lack of access to employment) are some of the factors that cause family strain and can put children at risk.