Fedcap Rehabilitation Services, Inc. Announces Appointment of New Board Chair

Fedcap Rehabilitation Services, Inc. Announces Appointment of New Board Chair

NEW YORK, NY — Fedcap Rehabilitation Services, Inc., a nonprofit agency with approximately $100 million in revenues derived primarily from Ability One contracts and economic/business enterprises in Manufacturing and Document and Print Imaging, is pleased to announce the appointment of Larry Ach to the role of Chairman of its Board of Directors. 

Fedcap Rehabilitation Services is part of The Fedcap Group, a global network of top-tier nonprofit agencies dedicated to advancing the economic and social well-being of the impoverished and disadvantaged. 

“As we continue our mission-driven expansion, scaling and replicating proven strategies to advance our strategic planning and make a measurable difference in the lives of those we serve, we are laser-focused on building a superlative leadership team to realize our vision,” said Fedcap Group President and CEO Christine McMahon. “I am thrilled that Larry Ach will serve as Board Chair of Fedcap Rehabilitation Services. Larry brings decades of strategic leadership, vision and commitment to mission that will help us reach our goals during this period of growth and expanded impact.”  

“I am grateful for the opportunity to serve as Board Chair of Fedcap Rehabilitation Services, Inc.,” Mr. Ach said. “Providing individuals with disabilities the opportunity to work and become self-sufficient is at the core of our mission. It is a mission to which I am deeply committed. As part of The Fedcap Group, Fedcap Rehabilitation Services will continue to expand its impact, introducing new businesses and cutting-edge service innovations.”    

Mr. Ach joined the Fedcap Board in 2002 and became Vice Chair in 2014. During his board tenure he served on the Finance Committee and the Investment Committee and has provided critical management and oversight of our portfolio and investment strategy.  Mr. Ach has a deep understanding of the vast array of services we provide and has offered informed and invaluable guidance. He is an active participant in our agency events and his engagement with our consumers inspires all of us. 

Mr. Ach is a Senior Vice President with Klingenstein, Fields & Co., with more than 30 years of investment management experience. Prior to joining Klingenstein, he was at First Republic Investment Management from 1999 to 2008 as a Managing Director and Portfolio Manager, including serving as Chief Investment Officer from 2001 to 2005. He was with Lynch & Mayer from 1994 to 1999, where he headed the firm’s Private Asset Management division. Mr. Ach was a Senior Vice President/Portfolio Manager at Lazard Freres Asset Management from 1986 to 1994. 

Mr. Ach has an MBA in Finance from The Wharton School at the University of Pennsylvania and a BA in history from Trinity College, and holds the Chartered Financial Analyst designation. Mr. Ach has served on various committees of the New York Society of Securities Analysts and is Secretary and Chairman of the Investment Committee of Temple Israel. 

The Fedcap Group

The Fedcap Group is a global network of top-tier nonprofit companies, dedicated to advancing the economic and social well-being of the impoverished and disadvantaged.  We offer a platform for our agencies to collectively showcase the Power of Possible™, enabling them to focus on delivering proven, evidence-based services and solving significant societal problems. Our innovative solutions in the areas of Education, Workforce Development, Occupational Health and Economic Development funnel through our international footprint of companies and impact the lives of over 300,000 people annually.  

In partnership with business, government, the philanthropic community, academia and local nonprofit agencies, we deliver measurable shifts in academic advancement, and economic self-sufficiency for individuals in need. Through our strong customer service approach, we assist business, insurers, local governments and educational institutions meet their critical objectives.   

SOURCE: The Fedcap Group, Inc.

Related links: www.fedcap.org

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Fedcap Inc. Announces Key Board Chairmanship

Fedcap Inc. Announces Key Board Chairmanship

NEW YORK, NY—Fedcap, Inc., a workforce development company with approximately $113 million in revenues in domestic and international business is pleased to announce the appointment of Kenneth Raisler to the role of Chairman of its Board of Directors. 

Fedcap, Inc. is part of The Fedcap Group, a global network of top-tier nonprofit agencies dedicated to advancing the economic and social well-being of the impoverished and disadvantaged. 

“We believe that every single person who wants to work should have the opportunity to do so and be able to achieve economic wellbeing through a sustainable, living wage job,” said Fedcap Group President and CEO Christine McMahon. “To reach that goal we need a world-class leadership team, and we couldn’t do better than Ken Raisler, a thought leader with the judgment, intellect and vision to guide us there. I couldn’t be happier that Ken will serve as Board Chair of Fedcap Inc.”   

“This is a very exciting time for our entire organization,” Mr. Raisler said.  “Our innovations in workforce development have impacted hundreds of thousands of lives. As our national and international footprint grows, I welcome the opportunity to support our leadership team in touching the lives of even more individuals and families who face barriers to prosperity.”  

Mr. Raisler joined the Fedcap Board in 2011 when The Way to Work, where he serves as Chairman, became part of Fedcap. Founded in 1936, The Way to Work has empowered tens of thousands of justice-involved New Yorkers ages 17-24 with the tools to achieve their highest potential, helping them obtain a GED, land a job, and transition into becoming productive members of society. The success and impact of The Way to Work speak to Mr. Raisler’s leadership and vision in workforce development and providing individuals with a second chance – more than 83 percent of participants completed the intensive program, 67 percent obtained a GED and 70 percent of graduates have been placed in jobs in sectors including healthcare, technology, finance, public safety and customer service.

Mr. Raisler is head of Sullivan & Cromwell’s Commodities, Futures and Derivatives Group. The Group is responsible for a full range of regulatory, transactional and litigation advice in the commodities, securities and banking areas to its brokerage, investment banking, banking and commercial clients. Mr. Raisler was an assistant U.S. attorney for the District of Columbia from 1977 to 1982 in the Criminal and Civil Divisions. He then joined the Commodity Futures Trading Commission as deputy general counsel and was the general counsel of the Commission from 1983 to 1987.

Mr. Raisler served as chairman of the New York City Bar Committee on Futures Regulation from 1988 to 1991. He currently is Vice Chair of the ABA Derivatives and Futures Law Committee. He was a member of the Working Group of The Group of Thirty Derivatives Project. Since 1992, he has been a member of the board of directors of the Futures Industry Association. He also is a member of the board of directors of the Managed Funds Association. Mr. Raisler is a member of the board of trustees of NYU School of Law and chair of the board’s Development Committee. He is an associate national commissioner of the Anti-Defamation League and the recipient of the 2008 Human Relations Award from ADL’s New York Lawyers’ Division. He also serves on the board of advisors of Teaching Firms of America – Professional Preparatory Charter School.

Mr. Raisler received his BS from Yale University and his JD from New York University School of Law. 

The Fedcap Group

The Fedcap Group is a global network of top-tier nonprofit companies, dedicated to advancing the economic and social well-being of the impoverished and disadvantaged.  We offer a platform for our agencies to collectively showcase the Power of Possible™, enabling them to focus on delivering proven, evidence-based services and solving significant societal problems. Our innovative solutions in the areas of Education, Workforce Development, Occupational Health and Economic Development funnel through our international footprint of companies and impact the lives of over 300,000 people annually.  

In partnership with business, government, the philanthropic community, academia and local nonprofit agencies, we deliver measurable shifts in academic advancement, and economic self-sufficiency for individuals in need. Through our strong customer service approach, we assist business, insurers, local governments and educational institutions meet their critical objectives.   

SOURCE: The Fedcap Group, Inc.

Related links: www.fedcap.org

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The Fedcap Group’s 16th Solution Series—Maximizing Organizational Intelligence: Building Capacity to Create and Strategically Use Knowledge

The Fedcap Group’s 16th Solution Series—Maximizing Organizational Intelligence: Building Capacity to Create and Strategically Use Knowledge

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The Fedcap Group’s 16th Solution Series, Maximizing Organizational Intelligence: Building Capacity to Create and Strategically Use Knowledge was a great success, with a full house at Mutual of America building and hundreds from across the nation participating via live stream. The topic is especially significant to The Fedcap Group during this exciting period of mission-driven growth and expanded impact.

A panel of thought leaders led a lively and insightful discussion, touching on how intelligent organizations leverage their key assets – people, knowledge, data and analytics – for competitive advantage in the marketplace. The panel included Mike Turpin, Executive Vice President and Managing Consultant, USI Insurance Services; Leila Araiche, Managing Director in Brookfield Property Partners’ Real Estate Group, and Enrique Arbelaez, Co-Founder and Managing Partner of Cien+, an innovative consultancy and marketing services firm that employs big data insights and cultural intelligence to help leaders and brands turn cultural trends into opportunities.

A key challenge for companies leveraging knowledge is turning data into actionable insights. To do so they must become an intelligent organization.

“To fully leverage data and analytics, we have learned that we need to manifest all the elements that define an intelligent organization–social, emotional, business and cultural intelligence,” said Christine McMahon, President and CEO of The Fedcap Group. “This requires technological capabilities, understanding the dynamics and motivations of a multicultural workforce and being structured to manage complexity and change.”

Mr. Turpin said that high IQ organization share data and use it to assist people at all levels of the organization. Knowledge, which comprises a remarkable 83 percent of organizational asset value, is as important as capital—and moves just as fast. “If you think of knowledge as capital and manage it like capital, then you are constantly focused on –how do you facilitate it, how do you cultivate it, so you get a constant return on it,” he said.

Mr. Arbelaez highlighted the importance of cultural knowledge, defined as the capability to relate and work effectively across cultures. Changing workforce demographics mean that cultural knowledge is essential for companies to unlock the full spectrum of organizational knowledge. “The U.S. minority population, currently 30 percent, is expected to exceed 50 percent before 2050,” he said. “These changing demographics have significant financial implications for business. A business that is not prepared to effectively tap into these diverse population groups is simply not sustainable.”

No organization can have a high IQ or maximize actionable intelligence without building a strong culture of communication, Ms. Araiche said. “A culture of strong communication requires clear messages about goals and specific, key measurements for success. If you want information, business intelligence and data to drive decision-making, you need regular, established outlets for communication at many organizational levels,” she said.

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Fifth Annual Fedcap Golf Tournament

Fifth Annual Fedcap Golf Tournament

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Rain may have forced the cancellation of Fedcap’s Fifth Annual Golf Tournament, but it did not dampen the enthusiasm commitment of our supporters, who came out to Quaker Ridge Golf Club to help young people who are at risk for dropping out of high school, living on the streets, or gang involvement.

These young people need adult champions and mentors who believe in them and can provide resources and opportunities to help them succeed. Fedcap is providing those champions—helping to close the opportunity gap. In Florida, our Success Mentors work one-on-one with kids in local high schools in a truancy intervention and dropout prevention program. Throughout New England, Fedcap’s innovative Connect2Careers™ and Networking By Design™ programs connect youth with employers and professionals who provide a listening ear, career guidance and High Impact Internships. In New York City, Ohio and Los Angeles, PrepNOW! ™ helps youth transitioning from foster care to graduate from high school, go to college and succeed.

When it comes to numbers, this was our most successful golf tournament ever. We had more golfers this year (104) compared to last year (80), and raised 30 percent more funds to help disadvantaged youth. Special thanks are due to Golf Tournament sponsors Phil Caprio and ABFS, and Mike Turpin and USI, and to Fedcap board members Ken Raisler (and his wife Kim) and John Mascilino who lent their generous support to this event. Thanks also to Quaker Ridge Golf Club, which hosted the event for the fourth time.

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2018 Graduations Celebrate New Beginnings

2018 Graduations Celebrate New Beginnings

“Go confidently in the direction of your dreams. Live the life you have imagined.” — Henry David Thoreau

Graduation is a special time – one of life’s milestones. It is a celebration of all we have accomplished, and a stepping stone into a future full of possibility and promise. At Fedcap, graduation takes on special meaning because our graduates have overcome so much to receive their diplomas, and contemplate the next chapter of their lives with a renewed sense of hope. Graduates of Fedcap’s Career Design School, Easterseals’ Child Development Centers and the Fedcap School celebrated this special day with a joy and spirit that was an inspiration to all.

Christine Patrone, a Career Design School graduation speaker, talked about overcoming cancer, domestic violence and the threat of homelessness to begin a career as a home health aide. Now financially secure and looking at nursing schools, Christina read a poem that moved the audience to tears and applause – “I live to see the sun break through the storm, if you remember sunshine on your darkest day, just follow what your heart says and you will find a way. Strong hearts just keep on going, that is why I am still standing here today.”

At the Fedcap School, a program for students 13-21 with cognitive or behavioral disabilities, fifteen seniors graduated in front of cheering family members, teachers, staff and friends. Fedcap School Leadership Award winner Leslie Arrington, a mother of two, has been accepted into a certified nurse assistant program. Before attending the Fedcap School, Leslie could never have even dreamed of a future so full of promise.

“I am so amazed to be standing here. I can’t believe I did it. Life has been hard but Fedcap really helped me,” she said.

Easterseals Child Development Centers provide preschool special education to children ages 3-5. Graduations in Port Jervis, Monticello, Valhalla and the Bronx featured the joyful voices of hundreds of children singing songs. Most are moving on to integrated kindergarten settings; many no longer require special services. Each school offered something special to make graduation day a memorable one for the kids and their families, including a post-graduation carnival, face painting, interactive performances and special awards.

Our staff is so proud to see the growth of the children by year’s end. It is so special to see the parents beaming with pride,” said Marianne Gribbon, Senior Director of Easterseals New York Child Development Centers.

Across the Fedcap family of agencies, we believe in the Power of Possible. Please help us make our graduates’ dreams come true by donating to Fedcap today. Your investment will change lives. Please click here to make a donation. 

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Wildcat Spring Cocktail Party

Wildcat Spring Cocktail Party

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It is striking what happens when a room full of people committed to a cause join forces. That is what occurred on Wednesday evening at the Mezzanine in New York City. Nearly 180 people who care about justice for the impoverished and vulnerable, gathered to celebrate the work of Wildcat— an agency with a history of pioneering action on behalf of those who need a second chance. And they came to celebrate the lifetime efforts of honoree Tina Luongo— Attorney-in-Charge, Criminal Defense Practice, Legal Aid Society and a tireless advocate of equality and justice. Every speaker built on the message—we can make a difference for those who need a second chance. We can move women out of Rikers who are detained only because they are poor and cannot afford bail. We can change the life of a person whose drug use drove them to criminal behavior. As our speaker Shantae Klass so eloquently stated “Through the help of the Rikers Women’s Project –a ground-breaking program led by Valentina Morales with funding from Open Society and Robin Hood—I am learning that my criminal behavior in the past does not define me today or in the future.”

Former Wildcat Board Chair Peter Samuels and Wildcat Founder Herb Sturz—a social change icon in his own right— highlighted the storied history of Wildcat, its past Executive Director Amy Betanzos and her passion for fighting for right. “ She was a wonderful friend and a powerful enemy—so people started to do what she asked rather than face her wrath!” said Herb. That is the foundation for the agency Wildcat is today—we fight the good fight for those who cannot advocate for themselves.

Each year during the Spring Cocktail Party we also honor a business that has gone over and above to hire people served by Fedcap/Wildcat with our WorkStar™ Award. This year Uncommon Goods, headquartered in Brooklyn, was our recipient. When Sean Cullens received the award he raised it over his head—and a cheering crowd applauded. They have employed 50 people from our family of agencies in the past year.

The evening was filled with moments of joy, laughter and a few tears—especially in the heartfelt video tribute to Tina. 

What an amazing evening!

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FY 2018 First Half Financial and Programmatic Results Webinar

FY 2018 First Half Financial and Programmatic Results Webinar

On Thursday, May 17th, we will present the seventh in a series of bi-annual webinars to discuss financial and operating results for first half FY18. The ongoing webinars are designed to provide key stakeholders with regular and timely disclosures about financial and operational performance, mission-related impact, and trends and challenges for the Fedcap family of brands. The webinar series underscores our commitment to fiscal transparency, and to our knowledge is a first in the nonprofit sector.

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25+ Years of Service Celebration

25+ Years of Service Celebration

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On March 29, the Fedcap family of agencies hosted an event to honor employees who have been with us for 25 years or more. The event, 25+ Years of Service Celebration, took place at Grant Thornton at 757 Third Avenue.

Over 100 employees of the combined agencies have given at least 25 years of service – a testament to the unwavering commitment to mission that characterizes our great staff. The spirited event was truly a celebration, with laughter, hugs and even a few tears. A delicious lunch and dessert were prepared and served by Fedcap’s culinary program. Each of the employees was given an award, emblazoned in crystal, and leaders from Fedcap programs and companies thanked the 25+ employees for their service. Steve Coons, Vice President, Facilities Management, said – “You are the backbone of our company. Your commitment and success have allowed us to grow into the family of agencies we are today.”

The future of the Fedcap family of agencies is bright, thanks to the hard work and dedication of so many wonderful employees.

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Fedcap Solution Series – Women Veterans Transitioning to Civilian Life

Fedcap Solution Series – Women Veterans Transitioning to Civilian Life

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On March 27 Fedcap held its 15th Solution Series, Women Veterans Transitioning to Civilian Life. The overflow crowd included business partners, and representatives from academia, community and government organizations. Hundreds more, from across the country and overseas, joined the event via livestream. 

In opening remarks, Fedcap President and CEO Christine McMahon said that “through this dialogue today, we believe that we can contribute to the day when all women veterans transition successfully to civilian life, by finding the support, employment, respect and happiness they deserve.” Ms. McMahon thanked event sponsors Mutual of America and Carr/Xerox and the many business partners in the room including Allied, Ocean Janitorial, LDI Toolbox, JP Morgan Chase, TD Bank, Spectrum, and Steinway Moving and Storage. She also noted the many government agencies that were represented in the room – Department of Veterans Services, Veterans’ Mental Health Coalition, HRA, OMH, DYCD, the Mayor’s Office, the Department for the Aging.

Lorrie Lutz, Fedcap’s Chief Strategy Officer, introduced the panelists – US Navy Veteran (Second Class Petty Officer, Ret.) Kim Elvin, currently Director of Workforce Development/Vocational Services for Easterseals New York; Dr. Cameron Ritchie, Colonel, US Army (Ret.), now Chief of Community Based Outpatients Clinics for the Washington, DC VA, and Adria Horn, Lieutenant Colonel, US Army Reserves, currently Director, Maine Bureau of Veterans’ Services.

The panelists spoke of the challenges women veterans face in transition. Dr. Ritchie said that transition is an ongoing process – there is no clean break from service to civilian life. Ms. Horn said that despite holding an MBA and being a West Point graduate, she applied for 30 jobs after her discharge without getting a single call. Ms. Elvin said that the male-dominated culture of the VA leads many women to avoid the agency and the services it provides. It took her 30 years to register and become eligible for services.

The panel addressed the high rates of sexual assault in the military, and of suicide and homelessness among female veterans. One in four women in the military is sexually assaulted, and women veterans are the fastest growing segment of the homeless veteran population. Sexual assault and other traumas associated with service contribute to homelessness, unemployment, suicide and untreated mental illness.

To combat homelessness and improve mental health care, women veterans must be made aware of the services, supports and benefits that are available to them, through the VA and elsewhere. They should be encouraged to advocate for themselves; to call on personal networks for support, and to register with the VA.

Each of the panelists offered a key takeaway. Ms. Elvin said that communities must be prepared to welcome transitioning veterans. Dr. Ritchie encouraged employers to support women veterans with child care, flexible hours and other policies, and Ms. Horn said that to effectively support women veterans, they must first identify them among job applicants and staff.

In closing remarks, Lisa Russell, a ten-year Army veteran, reminded the audience that the Solution Series is only the beginning of the conversation about female veterans. The Fedcap family of agencies will continue its multifaceted work in serving the female veteran population, and advocating for their well-being.

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