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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 👁 1.1M
We Are Kids United
KIDS UNITED - Chacun sa route feat. Vitaa (Clip Officiel)
⏲ 2 minutes 54 seconds 👁 17M
solt
KIDTONIK - ALLER PLUS LOIN
⏲ 3 minutes 10 seconds 👁 4K
Škoda Auto presents the second generation of the Kodiaq, taking sustainability, spaciousness and safety to a new level. The Czech car manufacturer’s SUV flagship has seen its dimensions increased once again and now features the first elements of the Modern Solid design language. The all-new Kodiaq comes with state-of-the-art infotainment systems, including an optional 13-inch screen and a head‑up display. Innovative Škoda Smart Dials with haptic controls and a 10-inch Virtual Cockpit come as standard. The voice control system will from mid-2024 onwards become even more advanced with the integration of the AI-based chatbot ChatGPT. Škoda’s large SUV also adopts a new interior concept based on Design Selections. The five powertrains offer outputs from 110 kW (150 hp) to 150 kW (204 hp) and are always mated to a DSG automatic transmission. The powertrain line-up now also includes a plug in hybrid version with an electric range of more than 100 kilometres and an entry-level mild-hybrid powertrain. The two top engines are combined with all-wheel drive as standard. Also making their debuts are the latest generations of the LED Matrix beam headlights with a significantly higher light output and the Dynamic Chassis Control system (DCC Plus).
The new Škoda Kodiaq iV Design Preview
⏲ 2:48 👁 1.3M
Valentin TRASTET
Kidtonik - Allez plus loin (Lyrics)
⏲ 3 minutes 37 seconds 👁 6.2K
KidtonikOfficiel
KIDTONIK - ALLER PLUS LOIN (OFFICIEL)
⏲ 3 minutes 11 seconds 👁 1.3K
In April's Tech Of The Month, Cycling Weekly's Sam Gupta and Joe Baker take a look at the brand new Campagnolo powermeter, the new range of affordable carbon wheels from Hunt and they also take a deep dive on the new 2024 Giant TCR and discuss it's future in the world of cycling. All of that plus some brilliant April Fools gags.
Cycling Weekly's April Tech Of The Month
⏲ 21:5 👁 170K
hebenmusic
KIDTONIK - Hey (Clip Officiel)
⏲ 3 minutes 47 seconds 👁 759.8K
conditorcor
KidTonik - Aller Plus Loin (Espagnol)
⏲ 3 minutes 10 seconds 👁 16.4K
Škoda Auto presents the second generation of the Kodiaq, taking sustainability, spaciousness and safety to a new level. The Czech car manufacturer’s SUV flagship has seen its dimensions increased once again and now features the first elements of the Modern Solid design language. The all-new Kodiaq comes with state-of-the-art infotainment systems, including an optional 13-inch screen and a head‑up display. Innovative Škoda Smart Dials with haptic controls and a 10-inch Virtual Cockpit come as standard. The voice control system will from mid-2024 onwards become even more advanced with the integration of the AI-based chatbot ChatGPT. Škoda’s large SUV also adopts a new interior concept based on Design Selections. The five powertrains offer outputs from 110 kW (150 hp) to 150 kW (204 hp) and are always mated to a DSG automatic transmission. The powertrain line-up now also includes a plug in hybrid version with an electric range of more than 100 kilometres and an entry-level mild-hybrid powertrain. The two top engines are combined with all-wheel drive as standard. Also making their debuts are the latest generations of the LED Matrix beam headlights with a significantly higher light output and the Dynamic Chassis Control system (DCC Plus).
The new Škoda Kodiaq Design Preview
⏲ 2:44 👁 135K
OlasieKx
KidToniK - Aller plus loin (Clip Officiel)
⏲ 3 minutes 11 seconds 👁 155
LingoLyrics
Kidtonik - Aller Plus Loin (Lyrics - French English Translation)
⏲ 3 minutes 10 seconds 👁 35.5K
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