UJA Federation Supports for the Jewish Community

UJA Federation of New York
UJA Federation of New York
Image: ujafedny.org

Arthur “Art” J. Samberg is a New York based finance and investment executive that operates Hawkes Financial, his family office that focuses on, among other things, technology based start-ups. Art Samberg is also engaged with multiple professional and charitable boards, including companies like JetSuite and Tri Alpha Energy and charitable organizations such as Historic Hudson Valley and the UJA Federation of New York.

The UJA Federation of New York is an international charitable organization that operates in over seventy countries and has reached more than four and a half million individuals. Founded 95 years ago, the organization maintains nearly 100 nonprofit agencies in its international network that provide services that care for the disadvantaged, respond to catastrophes, and strengthen the global Jewish community.

Strengthening and supporting the global Jewish community is accomplished in several ways by the UJA Federation. Jewish community centers are included within the UJA network that provide education on cultural values and Jewish heritage as well as a broad range of social services. In addition, resources for clergy and staff at synagogues are offered to enhance direct services at the local level. Moreover, ongoing research efforts are in place to respond to community needs as they arise.

Fusion Energy as a Power Source for the Future

Fusion Energy pic
Fusion Energy
Image: theguardian.com

Arthur J. Samberg is a retired executive who previously headed Pequot Capital Management as founder and chief executive officer. Though officially retired, Art Samberg still works in investment management, operating Hawkes Financial, LLC, his family office entity, out of Katonah, New York. Art Samberg is also a current investor and Chairman of the Board of a fusion energy company called TriAlpha Energy, Inc.

In recent years, the United States has seen a strong push for alternative energy sources. Fusion energy is one such source that gained traction as a viable option. Fusion energy is the power produced through nuclear fusion—that is, energy created through the fusing of two lighter atomic nuclei to form a heavier nucleus.

The allure of fusion energy lies in the idea that it may be possible to create a large-scale sustainable energy source. This is appealing for a number of reasons, most notably the reduced need for oil drilling, which can benefit the environment and possibly lower costs for energy, as a sustainable resource should have greater efficiency and cost less to maintain.

Recent articles in Time magazine, Business Review Australia, and the Huffington Post note new evolutions in fusion technology, such as small reactors, and various ongoing fusion projects, such as International Thermonuclear Experimental Reactor. These new technologies and projects move the idea of fusion power forward, but many analysts still believe that fusion power as a sustainable energy source is years, if not decades, in the future.

At the same time, large private investors are placing money in these ventures, which should help accelerate the realization of a working and sustainable large-scale fusion power source.

The Arthur J. Samberg Institute for Teaching Excellence

Art Samberg
Art Samberg
Image: www8.gsb.columbia.edu

Art Samberg has a long history in finance, having held various roles from security analyst to president and business owner. During his time in the world of finance and investing, Art Samberg gave back to the community through various charitable donations, including the donation that led to the formation of the Arthur J. Samberg Institute for Teaching Excellence.

Based at Columbia University, where Art J. Samberg earned his MBA, the Arthur J. Samberg Institute for Teaching Excellence serves as a faculty resource. It hosts junior, senior, and visiting faculty for events such as conferences and teaching seminars. The overall goal of the Institute is to promote educational practices by improving the quality of teaching provided by faculty through initiatives such as a mentorship program.

The mentorship program pairs an educated and experienced leader with a less-experienced individual. The goal is to help the mentee earn additional skills he or she may need while focusing on the application of those skills. The program includes relationship-building and filling the gaps that exist between classroom education and real-world work dynamics. Through the mentorship program, the Institute helps faculty become more successful.

Art Samberg’s Continued Giving to Columbia Business School

Art Samberg
Art Samberg
Image: www8.gsb.columbia.edu

Arthur J. Samberg graduated from Columbia Business School with a master of business administration in 1967. Art Samberg became a successful investment banker and led multiple investment firms, and he continues his investment ventures into retirement. Since graduating, Art Samberg has made multiple donations to his alma mater, most recently in 2013, when he pledged $25 million for the construction of the new Manhattanville campus.

Samberg was not alone in his donation, as fellow ’67 graduate Mario J. Gabelli pledged an additional $15 million, for a combined $40 million. The pair not only graduated in the same year but also sit on the Columbia Business School Board of Overseers. Samberg was quoted as saying, “In supporting Columbia Business School, I’m helping others, who didn’t grow up in the same environment, get a chance to advance.”

His charitable work includes not only donations of time and money to Columbia Business School but also work for other charities and nonprofits, including College Summit, Historic Hudson Valley, and the UJA-Federation of New York. Pre-construction for the Manhattanville campus began in 2008, and construction is still in progress. Ongoing construction updates are available via the official campus website.