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On March 21, the roughly 70 employees of the Schuler Education Foundation, based in the affluent suburb of Lake Forest, Illinois, were summoned to an emergency all-hands meeting. Over the past two-plus decades, the nonprofit founded and funded by a former president of healthcare giant Abbott Laboratories, Jack Schuler, had spent at least $150 million counseling and tutoring more than 1,800 low-income students from Chicago and Milwaukee-area high schools to help them gain admission to elite colleges; those colleges in turn covered most (if not all) of the students’ tuition and other costs.<br/><br/>The employees, who first had to certify they wouldn’t record anything, were let into a Zoom room where the nonprofit’s executive director Joanne Bertsch read from a script announcing that the foundation would shut down on May 24. Everyone would be let go except for a skeleton crew of seven college counselors left to support students through August. <br/><br/>0:00 Introduction<br/>0:15 How Our Reporters Found Out About Jack Schuler<br/>3:05 Reporting On The Schuler Foundation<br/>5:45 Losing Money In The Market<br/>8:50 The Role Of Healthcare Stocks<br/>12:23 The Impact On Students And Colleges<br/>16:05 How The Foundation Behaved As Their Investments Lost Value<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/16/inside-the-collapse-of-a-former-billionaires-foundation-for-low-income-students/?sh=b52a7d62f78b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

How One Billionaire Lost Millions And Left Underserved Scholarship Students In Limbo

⏲ 20:9 👁 1.2M

Sirajganj Govt.Technical School and college

⏲ 4 minutes 34 seconds 👁 688

Rtv News

ডিজিটাল নিষিদ্ধ পল্লী | R-Investigation | Ep-07 | Rtv Investigation Program

⏲ 15 minutes 52 seconds 👁 1M

Revenge marriage sweet love Full Movie

Revenge marriage sweet love Full Movie - Kim Channel

⏲ 49:39 👁 165K

Alman hosen

|Sobuj Kanan School And College Sirajganj | Rag Day 2021 Cenematic Video ShootSSC BATCH 41|

⏲ 4 minutes 32 seconds 👁 2.6K

Two Rings

Flashmob || Islamia Govt College 2023

⏲ 8 minutes 20 seconds 👁 7.2K

#theinfosite <br/>#poetry <br/>#funnypoetry <br/><br/>This is a video of Funny Urdu Poetry 2/4, Funny Love Poems, Mazahiya Urdu Poetry Program Part 2, a concert held at Punjab College Sargodha. It is also sms shayari in urdu.<br/>It was a very funny Mushaira I have ever listened. You will enjoy Funny Urdu Poetry. Funny Love Poems, Mazahiya Urdu Poetry Program Part 2.<br/><br/>Related Searches:<br/>funny poetry,funny poetry in urdu,funny love poems,funny love poetry in urdu 2 lines,funny poetry in urdu for friends,funny poetry in urdu for students,funny poems for friends,funny poems,funny urdu poem,funny poetry for friends in urdu,funny urdu poetry,funny shayari in urdu,funny status in urdu,sms shayari in urdu,urdu poetry,urdu shayari,love poetry in urdu,poetry in urdu 2 lines,attitude poetry in urdu,romantic poetry in urdu,best poetry in urdu,poetry in urdu text,deep poetry in urdu,love shayari urdu,ghazal in urdu,friendship poetry in urdu,urdu shayri,punjab college sargodha concert,The Info Site,funny poems in urdu,allama iqbal poetry,islamic poetry in urdu,barish poetry,allama iqbal poetry in urdu,urdu shairi,love shairi urdu,funny poetry for friends,rekhta poetry,sufi poetry in urdu,dua poetry in urdu,urdu poetry in urdu text,urdu poetry written,urdu poetry copy paste,new poetry in urdu,poetry for teachers in urdu,best urdu shairy,urdu sher o shairi,romantic urdu shairy,

Funny Urdu Poetry 2\ 4 | Funny Love Poems | Mazahiya Urdu Poetry Program Part 2

⏲ 20:2 👁 20K

কিছুকথা

Islamia Govt College Sirajganj √√ Dance Video 2018√√

⏲ 1 minute 17 seconds 👁 1.1K

Always Celebrity

Sirajganj Government College | Always Celebrity | Degree College | BA College | Cinemetography

⏲ 1 minute 45 seconds 👁 4.3K

rejected By Alpha Full Episode 2024

rejected By Alpha Full Episode 2024 - Kim Channel

⏲ 1:47:23 👁 150K

Waking up Pregnant (2) - Kim Channel from sirajganj college ভিডিও videos

Waking up Pregnant (2) - Kim Channel

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Oh No! Slept with My Husband! Full Movie

Oh No! Slept with My Husband! Full Movie - Kim Channel

⏲ 1:35:11 👁 170K

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