SACRAMENTO, CA — March 13, 2016 —The Kelly Foundation awarded its 2017 Major Gift of $100,000 to Sacramento Cottage Housing, Inc., a not-for-profit agency that provides long-term housing and a supportive living environment for formerly homeless individuals and families. The award constituted the Kelly Foundation’s largest single donation of the year and has been used to reinstitute the popular Skylab program that provides children at the agency’s Serna Village community with homework assistance, mentorship and special activities. The community recently launched Girl Scout Troop #5836 with an inaugural group of 26 girls, three adults and one staff member. The remainder of the funds will be used to empower Sacramento Cottage Housing to become more independent and self-sustaining with regard to establishing inroads for point-of-sale fundraising opportunities.
“Sacramento Cottage Housing has a strong track record of transforming lives through its innovative practices, and we are excited to partner with the agency as it reinforces and strengthens its operational capacity for the future,” said Shawn Kelly Devlin, President of the Kelly Foundation and Chairman of the Board of River City Bank. “We are confident that this donation will position Sacramento Cottage Housing to enhance its efforts to help at-risk families and individuals in the Sacramento region get back on their feet.” Continue reading Kelly Foundation awards $100,000 grant to Sacramento Cottage Housing
MOUNTAIN VIEW, Calif (Tuesday, March 24, 2015) — Google Inc. (NASDAQ: GOOG) today announced that Ruth Porat, currently Chief Financial Officer at Morgan Stanley, will join its management team as CFO.
Ruth joined Morgan Stanley in 1987 and has played several key roles at the company, including Vice Chairman of Investment Banking, Global Head of the Financial Institutions Group and and co-Head of Technology Investment Banking. Throughout the financial crisis, Ruth led the Morgan Stanley teams advising the U.S. Treasury on Fannie Mae and Freddie Mac, and the New York Federal Reserve Bank on AIG. She has been the lead banker on numerous milestone technology financing rounds, including for Amazon, eBay, Netscape, Priceline and Verisign as well as for The Blackstone Group, GE and the NYSE. As CFO she helped improve resource optimization across different businesses through better capital and funding allocation, as well as expense reductions. Ruth has a B.A. from Stanford University (Economics & International Relations), a M.B.A. with distinction from The Wharton School of the University of Pennsylvania and a M.Sc., from the London School of Economics (Industrial Relations). She is Vice Chair of the Stanford University Board of Trustees, a member of the U.S. Treasury’s Borrowing Advisory Committee, a Board Director at The Council on Foreign Relations and a member of the Advisory Council of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution. Continue reading Ruth Porat to Join Google as CFO