Recent Developments with Source of Hope Foundation

Stephen Robert
In addition to his work with the foundation, Mr. Robert serves as a Trustee of the New York-Presbyterian Hospital and a former Board member of the New York Philharmonic and WNET’s THIRTEEN, a leading local television station.

In October 2011, Source of Hope Foundation announced a partnership between itself, Mercy Corps, and Google.org. The joint project led to the creation of the Arab Developer Network Initiative (ADNI). With start-up capital of nearly $2 million, the ADNI seeks to bolster information and communications technology throughout the Gaza Strip and the West Bank.

Focusing on Palestinian youth, the ADNI plans to create a network of individuals skilled in information technology, computer science, and related fields. Internet businesses serve as a key area for this body, as it will train its members in multiple programming languages, thus enabling them to create a variety of sites. Moreover, Mercy Corps introduced an Arabic-language version of its MicroMentor platform to further aid in the ADNI’s success.

When interviewed, Stephen Robert, Co-Chief Executive Officer of Source of Hope Foundation, talked about the importance of the endeavor, including how economic growth can encourage better and more peaceful societies. Outside of this initiative, Stephen Robert and Source of Hope Foundation contribute health care, food, water, and other necessities to people in need across the world.

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Stephen Robert Develops a Better Way to Give

stephen robert, source of hope foundation
Under the Stephen Roberts’ leadership, the Source of Hope Foundation provides assistance to communities lacking resources such as health care, education, water, food, and micro-financing opportunities.

Stephen Robert, financial expert and public intellectual, has been outspoken in his opposition to quick fixes for deep-seated economic problems. In his articles and essays, Robert has argued that Washington must focus on the underlying economic weaknesses in order to produce a long-lasting improvement in employment and GDP. Unlike many pundits, Stephen Robert does not simply popularize his theories on building a strong economy. He also puts them into practice through Source of Hope Foundation.

Source of Hope Foundation, founded, run, and funded by Stephen Robert and his wife, Pilar Crespi Robert, provides seed money for sustainable solutions to the problems of poverty. With projects throughout the developing world, Source of Hope seeks to alleviate poverty through food, clean water, education, healthcare, and microfinance. The charity prefers to fund programs that will give people the tools they need to break out of their day-to-day struggles and build a strong economic foundation for future growth. One current project focuses on creating jobs and economic growth in the West Bank and Gaza through Palestine’s fledgling information technology sector. By ensuring that people have access to the essential building blocks of prosperity, Source of Hope can promote peace and general well being.

Stephen Robert, Source of Hope Foundation
In addition to sending much-needed resources to struggling communities abroad and in the United States, Source of Hope Foundation also provides relief for those affected by natural disasters.

Stephen Robert, Former Chancellor and a 1962 Graduate of Brown University

Stephen Robert
Journalist, business executive, and philanthropist Stephen Robert’s distinguished career has included a number of prominent positions with leading financial and academic institutions.

Stephen Robert earned his undergraduate degree from Brown University in 1962 and attended Columbia Business School and the London School of Economics.

Robert joined Oppenheimer & Co. in 1968 as a portfolio manager of the Oppenheimer Fund. He became a partner of Oppenheimer & Co. in 1970 and a member of the Executive Committee and director of research in 1977. In 1979, he became president of the firm and in1983 assumed the role of chairman and CEO. In March 1986, Robert led a management team which returned Oppenheimer to private ownership through a management buy-out. In November 1997, Oppenheimer & Co., Inc. was acquired by the Canadian Imperial Bank of Commerce.

Robert has served as Chancellor of Brown University and has been a Trustee or Fellow of the University since 1984. He is a former Board member of the New York Philharmonic and Thirteen/WNET.

Couple’s Vow To Assist The Poor

stephen robert, pilar crespi robert
In 1983, Stephen Robert took over the role of Chairman and Chief Executive Officer, and, through a management buyout, Mr. Robert became the bank’s principal owner in 1986.

THE WALL STREET JOURNAL | JULY 11, 2011

From the Lower East Side to Africa, Stephen and Pilar Crespi Robert are focusing their philanthropy on helping the poor. It is a full-time effort for the couple and the mission of their Source of Hope Foundation.

pilar crespi robert