Legal Work to Establish a Nonprofit for the MHS Investment Club

The MHS Investment Club, a student-run organization, seeks to provide real-world investing experience to club members with actual money. The school administration determined that a separate nonprofit organization is necessary to house the funds and oversee the MHS Investment Club’s operations. This grant funds the legal work necessary to create this nonprofit organization, which will be called the Mamaroneck Endowment Fund (MEF). MEF will be run by applicant Peter O’Byrne and a Board of Directors made up of local community members.

Grantees: Peter O’Byrne and Francesco Scioscia