A Season of Gratitude: Reflections on 2019

By Michelle Connell, CFA | 5 min read

In this article:

  • Portia Capital Management’s charity, Portia’s Children, gives back to Educational First Steps (EFS), enabling more underprivileged children to receive early education.
  • EFS adds 16 centers from waitlist to program in 2019.
  • PCM client, H&B Young Foundation able to extend giving in local community, thanks in part to wise investment management by PCM.

Thanksgiving is upon us, and during this season of gratitude, I have been reflecting on the things for which I am most grateful. 

I am most thankful for the opportunity to own my investment firm, and the clients who have supported me in my start-up stage—especially as a lone female entrepreneur! The U.S. remains one of the few places in the world where those with a vision and a bit of tenacity can build a successful company, without a pedigree or tons of capital. The capitalism and freedom we enjoy in the U.S. allows more individuals upward mobility. But, with success comes a responsibility to give back and assist others in realizing their potentials and dreams. 

As you may know, through our charity, Portia’s Children, we are committed to contributing a minimum of 10 percent of our profits to the education of underprivileged children. We believe education provides a means out of the economic trap of poverty and it has been a true joy to help provide education to children in these circumstances. 

We have partnered with the North Texas charity, Educational First Steps, to help set “at-risk children on a path to success.” Here are a few success stories from EFS in 2019:

  • This summer, EFS welcomed a new Executive Director, Vickie Allen to their team.
  • In 2019, 16 centers from the EFS waitlist were added into the EFS program.
  • This fall, two EFS partner centers achieved their national accreditation and five EFS partner centers completed re-accreditation! EFS anticipates that many more accreditations/re-accreditations before the end of the year.

In addition to our commitment to charity, Portia Capital Management works with foundations to help them manage their finances and investments in a way that allows them to be most productive in their communities. 

As a result of our investment management services, one of our clients, H&B Young Foundation in Louisiana was able to contribute well over $500,000 in 2019 for the education of children and adults—nearly double their contributions from last year. Additionally, H&B Young has provided more than $220,000 in capital improvements and general improvements to their city and more than $600,000 to help underserved children and adults. 

In a time where the Louisiana economy faced a downturn, H&B Young did not have to cut their level of giving, and was instead able to double down and increase giving in their local community. 

The success of my clients makes me truly grateful for what we do at Portia Capital Management. It is an honor to help my clients manage their wealth, and to provide investment insight and management to foundations that are committed to doing their part to make our world a better, brighter place. With a grateful heart, I look forward to all that 2020 has to offer. 

About the Author

Michelle Connell, CFA is the President and Owner of Portia Capital Management, LLC and one of the highest-rated finance professors in the United States, currently serving as an adjunct professor at The University of Texas. Ms. Connell works with her students and private clients to understand the value of crafting a portfolio that includes conventional products as well as alternative assets, including private equity, private debt and real estate, and allows investment portfolio creation with greater downside protection and more consistent returns. 

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