New York, New York (PRWEB) July 26, 2012
In a troubled economy, finding the funding to create nonprofit organizations can prove difficult. However, Maine’s retiring senator, Olympia Snowe, is using $1.2M of her re-election campaign funds to contribute to the Maine Community Foundation in order to support the Olympia Snowe Women's Leadership Institute. According to a recent ABC News article, the contribution is part of Snowe’s ongoing initiative to encourage women to explore career options in public policy. Anthony Sages, a financial expert with extensive charity and volunteer experience, says that this institute will provide necessary mentorship that was not previously available to interested parties.
As a supporter of the Leadership Institute, Anthony Sages is particularly concerned with the advancement of young professionals in political technology. He notes, “Snowe’s contribution is major; it will provide several bright women with a chance to learn about a profession they may have never explored. Such encouragement is necessary in today’s world, as mentorship has taken a back seat to other initiatives that are moving forward in the country.”
While $800,000 of Snowe’s original campaign funds are going toward “outstanding campaign obligations,” Anthony Sages says the $1.2M to create the institute is certainly generous. However, Sages responds to the article by noting that Snowe displays more than financial aptitude with the nonprofit start-up. “Although Senator Snowe is retiring, she displays an ongoing commitment to her citizens by helping young women achieve professional goals.” ABC notes that Snowe is looking forward to helping advance the institute once her term is finished.
“It is very important for those with financial means and political authority to make these kinds of decisions,” notes Anthony Sages. The article also mentions, how Snowe’s predecessor, George Mitchell also provided monetary support to establish a scholarship fund with his leftover campaign budget. “When a powerful individual shows interest in building a community, mentoring youth or opening professional doors, others will respond positively. If there is no political backing to these nonprofit organizations, certain goals are often short lived or underdeveloped,” observes Anthony Sages.
While the organization is still in its planning phase, Sages hopes that more individuals will feel empowered to contribute to the institute’s development. “Although the success of the new project remains to be seen, it will be interesting to see how young women respond to a role model who has already shown that a woman can achieve great heights in the American political system.”
For over 25 years, Anthony Sages has provided expert advice in financial industries and has worked among major companies in global finance. Anthony Sages is also a major supporter of volunteer and nonprofit organizations that aim to help those in need. He has offered support and assistance to groups that cater to very many different groups including The United Way, ASPA, the Leadership Institute and the Financial Policy Council.