Trading Profits, Paid Forward: RagingBull.com Foundation Donates $5,000 to Project YES Africa
Project YES Africa receives $5,000 from RagingBull.com Foundation to help rebuild Nokwanda Educare Centre in the Khayelitsha township outside Cape Town, South Africa.
LEE, N.H., Mar. 18, 2019 /PRNewswire-PRWeb/ -- As part of its ongoing philanthropic work, RagingBull.com Foundation donated $5,000 to Project YES Africa. The donation was made specifically to help Project YES Africa with their work to rebuild Nokwanda Educare Centre, a pre-school or "crèche," in the Khayelitsha township outside of Cape Town, South Africa. The center is a vital resource in the local community and provides education, security, and sometimes 24-hour care to the children in that community.
The RagingBull.com Foundation, founded by trading coaches and expert traders from RagingBull.com, was established to donate trading profits to charitable organizations nominated by RagingBull.com's community of active traders. The foundation recently pledged to donate over $300,000 in trading profits to charities. The $5,000 donation to Project YES Africa was funded by the foundation through trading profits generated by RagingBull.com educator and trader Kyle Dennis.
The RagingBull.com foundation first started donating trading profits to charity in 2017, when it donated over $232,000 to a number of charities. Its goal is to donate over $1 million in trading profits to charity in 2019.
"Through our RagingBull.com Foundation, we can share the profits of our trading with selected charitable organizations. In turn, these charities can then put these donations to good use as part of their missions to give help where it is most needed, and to improve the lives of people and their communities. The vision of our RagingBull.com Foundation is trading profits, paid forward," said Kyle Dennis, RagingBull.com educator and trader. Kyle funded the foundation's donation to Project YES Africa from his RagingBull.com trading profits.
Project YES Africa was nominated to receive a donation by RagingBull.com member Antoinette Charles Aqui, who helped to establish the charity after she first visited South Africa some years ago. "After volunteering for a day at the school in Khayelitsha township outside of Cape Town, I became very impressed with the work they do there. We established the charity with the goal of raising funds to rebuild the school there, and to improve the quality of life and education for the entire community in Khayelitsha. The school rebuilding will be done by local builders in the town, which will add work opportunities to the local community there, too.
"RagingBull.com Foundation's generous donation of $5,000 is being matched by a private donor so the net donation to Project YES Africa will in fact be $10,000!" added Aqui.
Project YES Africa http://www.projectyesafrica.org is a US-based 501(c)(3) non-profit organization that targets its efforts toward the development and education of the more vulnerable and disadvantaged children in South Africa.
Added Kyle Dennis; "Our donation will help Project YES Africa continue its excellent work in Khayelitsha township, and help children there to receive a better quality of education. We are excited to support Project YES Africa in this way, and to help them continue their amazing work!"
For more information or media inquiries, visit http://www.ragingbull.com or email pr(at)ragingbull(dot)com.
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About RagingBull.com Foundation
Founded by experienced traders Jeff Bishop and Jason Bond, RagingBull.com first began helping investors as early as 1997, and was one of the first financial educational websites on the Internet. Jeff and Jason continued to build the company into what it is today, which now serves many thousands of traders from all walks of life.
The company established RagingBull.com Foundation three years ago with the mission of giving away trading profits to charities and worthy philanthropic organizations nominated by RagingBull.com's community of active traders. To date the Foundation has given away trading profits to multiple charities. Raging Bull's experts have featured in The Wall Street Journal, Forbes, Huffington Post, Seeking Alpha, The Street, and other major media outlets and news channels.
SOURCE Raging Bull
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