Corey Ribotsky, supporter of the Leukemia and Lymphoma Society (LLS) is only too aware of just how important it is to help fight cancer. There are many ways of putting in the effort, as Ribotsky shows by being a supporter of the LLS. But if one wants to do something direct and practical which doesn’t take up too much time, donating blood could be a good way. A recent study from the American Red Cross found that over 38,000 blood donations per day are required. Many of these are used for cancer patients’ blood transfusions who are being treated with chemotherapy or recovering from surgery.
Importance of Blood and Cancer
Blood is probably one of the few medical aids that cannot be in any way artificially manufactured. That is why donors are so important. So if you feel you would like to support cancer patients and don’t know how or don’t have the time to work with a group like Corey Ribotsky does, then this might be the perfect way for you to get involved. Giving blood doesn’t hurt and doesn’t take up too much time; but the direct medical strength and support you will be giving to cancer patients, is absolutely unmatchable.
Corey Ribotsky, currently the President of the Children’s Medical Fund of New York (CMFNY), would certainly be someone who would appreciate the importance of providing children in need with the best pediatric care. All the officers and board of trustees work very hard for this vital organization, as well as providing financial support for its work.
Corey Ribotsky and Howard Tanney
Corey Ribotsky has a mighty strong team working with him at CMFNY. One of these individuals is someone he is accustomed to working with in other capacities, Howard Tanney. Tannyey serves as CMFNY’s assistant treasurer, but is also the Managing Director of the NIR Group LLC, of which Ribotsky is the founder and managing member. Tanney has a wealth of experience that helps him serve in both of these roles, side by side Ribotsky. He has almost 30 years of experience in the financial market, specializing in the energy sector as well as operational experience. He is a licensed certified public account and studied at CUNY as well as St. John’s University.
There are so many people who do amazing things with their minds and spirits in the name of helping others. The Georgia Chain Gang is one such group. This group, including Dave Armento, Frank Fuerst, Jerome Rossetti and Tony Myers will be riding in the 2010 Race Across America to raise funds for the Leukemia & Lymphoma Society.
Efforts like these, and like LLS supporters like Corey Ribotsky and the NIR Group make a huge impact in the fight against cancer. As part of The Race Across America, these riders will cycle from Oceanside, California to Annapolis, Maryland. Last year, when they took on this challenge, the team finished the race in 7 days, 8 hours and 19 minutes, while raising more than $80,000 for blood cancer research.
This is the type of energy that allows the Leukemia & Lymphoma Society to do the amazing work that it does. Such dedicated people and groups, as the Georgia Chain Gang, Corey Ribotsky, the NIR Group and many others, make all the difference in the battle against cancer.
What better way to support a charitable organization engaged in really important work, than joining in with their fundraising event, in a truly hands on way? For the last few years, Sunrise Day Camp has organized an annual walk in an effort to raise money for helping kids with cancer start to enjoy the sun rise once more.
Corey Ribotsky, founder and manager of the investment firm N.I.R. Group LLC, helps Sunrise Day Camp with his financial backing. He would fully support such a venture. The organization seeks to provide assistance and enjoyment for children between the ages of 3 and 16 who are suffering from cancer. The camp is the “only dedicated day camp in the nation for children with cancer,” and sets out to meet both the physical and emotional needs of the children who attend.
The camp can be found on a stunning 300-acre wooded site which borders Nassau and Suffolk counties, Long Island, New York. Children with cancer are not asked for any payment for the camp; Sunrise Day Camp relies on the generous donations of individuals such as Corey Ribotsky.
In recent news, the Leukemia & Lymphoma Society has launched a Monthly Giving Program. This program is intended to help with their fundraising efforts, as everyone understands that during economically difficult times, it becomes increasingly difficult to fundraise.
The Monthly Giving Program urges people to simply sign up to donate $25 a month, less than $1 a day, which will go directly to cancer research. Current donors of all sorts, such as Corey Ribotsky, certainly matter and make a large difference in the cancer research that the Leukemia & Lymphoma Society can conduct. Adding Monthly Givers to this list of steady donors will greatly help LLS to continue to get their important work accomplished.
In addition to its many other accomplishments, the Children’s Medical Fund of New York has pioneered a program called the Child Life Program.This program helps children and their families to better cope with the experience of staying in a hospital.They have highly trained Child Life Specialists who help to minimize the stress that the children feel while they are ill or injured.
The Children’s Medical Fund, with President Corey Ribotsky and Chairman David Blumenfeld, initiated this program to enhance the offerings at Schneider Children’s Hospital so that children would be more comfortable.Such offerings include the Clown Care Unit, Pet Therapy, the Heather on Earth Music Therapy program and more.
As part of this unique program, every floor at the hospital has a designated room where children can enjoy themselves, and where not procedures or check-ups are conducted.Their annual commitment to the Child Life Program is approximately $400,000 and certainly requires a great deal of fundraising efforts.
In 2009 the NIR Group announced that it opened a new office in Singapore so that the Roslyn, New York alternative investment firm would be better able to take advantage of investment opportunities which present themselves throughout Asia.
In June, 2009 Shoham Cohen was appointed to head the new Singapore office, reporting to Corey Ribotsky, the Managing Partner of The NIR Group. Mr. Ribotsky said the following about the new office head:
“Shoham has a proven track-record of growing businesses in Asia and we are confident he will do the same for us,” said Mr. Ribotsky. “His extensive local knowledge will be integral as we expand our presence.”
Mr. Cohen added,
“There are numerous opportunities to replicate what NIR has done so successfully in the U.S. and the investment community is looking for alternative investments that are truly non-correlated and provide consistent absolute returns.”
In June, 2009 the On-line magazine ‘HedgeWorld’ featured an article written by Corey Ribotsky discussing what he calls “The Greatest PIPE Deal of Our Time,” referring to the United States government’s plan to bailout the giant auto manufacturer General Motors from their imminent financial collapse.
In the article Mr. Ribotsky makes a strong case that what the federal government is doing actually has within it all the elements of a PIPE deal, or rather a Private Investment in a Public Entity, but it is not being referred to as such because of the discomfort the public has with these particular types of financial strategies.
In order to prove his thesis Corey Ribotsky first defines exactly what makes something a PIPE transaction, and then he explains that this is exactly what is going on with the bailout strategy for General Motors by the United States of America.
To quote Mr. Ribotsky,
“When one compares the above definition of a PIPE transaction to the proposed GM bailout plan, the similarities are glaringly obvious.” Summarizing, Corey Ribotsky states that, “the government led bailout plan of GM mirrors a PIPE transaction in many ways. The bondholders who enjoy a secured senior position will survive the new company. They will receive stock, interest on their debt and warrants for future compensation. Finally, we have the ultimate accredited investor—the United States of America—awarded preferred stock in exchange for debt, which is then registered so it can be converted and sold to the public for a profit.”
“If it looks like a duck and quacks like a duck, then it must be a duck.”
Here, you’ll see some of the amazing things that the Onyx and Breezy Foundation does to help animals to lead productive, healthy lives.Thanks to the generous support from their donors, including Corey Ribotsky, they are able to continue their important work.
The goal of the Heather on Earth Music Foundation is to bring music therapy to children while they heal.It provides an outlet for pediatric patients and their parents.Find out more about this amazing program, and the inroads they are able to make with generous contributions from Corey Ribotsky and many others.
Corey Ribotsky News features the news and press related to Corey S. Ribotsky. Ribotsky works in the financial world of investment management, specifically managing hedge funds and other investment funds. However, Ribotsky and his company, The NIR Group, have many other pursuits and activities that they are involved in outside of the business world. Hence, [...]more →