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_how-one-billionaire-lost-millions-and-left-underserved-scholarship-students-in-limbo.webp "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.")
_the-abbott-and-costello-show-season-1-episode-9-pots-and-pans.webp "Abbott Shows")
_the-abbott-and-costello-show-season-2-episode-15.webp "Abbott Shows")
_posthumous-johnny-cash-album-to-be-released-new-song-is-shared.webp "Posthumous Johnny Cash <br/>Album to Be Released, , New Song Is Shared.<br/>Previously-unreleased songs that <br/>Johnny Cash recorded in 1993 will comprise <br/>a new album titled 'Songwriter.'.<br/>John Carter Cash, the son of Johnny <br/>and June Carter Cash, conceptualized and organized the album, 'Pitchfork' reports. .<br/>The demos began with just Johnny's guitar and voice and were fleshed out by various musicians. .<br/>Album contributors include Marty Stuart, <br/>the late Dave Roe and Pete Abbott. .<br/>Album contributors include Marty Stuart, <br/>the late Dave Roe and Pete Abbott. .<br/>Nobody plays Cash better than <br/>Marty Stuart, and Dave Roe, of course, <br/>played with Dad for many years, John Carter Cash, via statement.<br/>The musicians that came in were just tracking <br/>with Dad, you know, recording with Dad, just <br/>as, in the case of Marty and Dave, they had <br/>many times before, so they knew his energies, <br/>his movements, and they let him be the guide. , John Carter Cash, via statement.<br/>It was just playing with Johnny once <br/>again, and that’s what it was. That <br/>was the energy of the creation, John Carter Cash, via statement.<br/>Other album contributors include Dan Auerbach, Vince Gill, Waylon Jennings, Ana Cristina Cash.<br/>Other album contributors include Dan Auerbach, Vince Gill, Waylon Jennings, Ana Cristina Cash.<br/>Other album contributors include Dan Auerbach, Vince Gill, Waylon Jennings, Ana Cristina Cash.<br/>Other album contributors include Dan Auerbach, Vince Gill, Waylon Jennings, Ana Cristina Cash.<br/>Matt Combs, Mike Rojas, Russ Pahl, Sam Bacco.<br/>Kerry Marx and Harry Stinson.<br/>'Songwriter' features 11 songs <br/>and will drop on June 28.<br/>The lead single, \")
_the-abbott-and-costello-show-season-2-episode-20.webp "Abbott Shows")
_the-late-late-horror-show-abbott-and-costello-meet-frankenstein.webp "The Late Late Horror Show Abbott And Costello Meet Frankenstein nThe world of freight handlers Wilbur Grey and Chick Young is turned upside down when the remains of Frankenstein's monster and Dracula arrive from Europe to be used in a house of horrors. Dracula awakens and escapes with the weakened monster, who he plans to re-energize with a new brain. Larry Talbot (the Wolfman) arrives from London in an attempt to thwart Dracula. Dracula's reluctant aide is the beautiful Dr. Sandra Mornay. Her r")
_the-abbott-and-costello-show-season-2-episode-22.webp "Abbott Shows")
_abbott-and-costello-comin-round-the-mountain-1951.webp "MoVieZafterMidNiGhT")
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