As a trustee of the Source of Hope Foundation, Stephen Robert is committed to creating positive change in low-income areas. In 2015, he and his wife dedicated the Stephen Robert and Pilar Crespi Robert Rapid Medical Evaluation Center at Columbia Presbyterian Hospital, which has dramatically reduced patient wait times. Stephen K. Robert’s dedication to philanthropy is an inspiration to many, and he continues to contribute to the Source of Hope Foundation's efforts to support disadvantaged communities.
The Source of Hope Foundation has been providing humanitarian funding to underserved regions in Africa, with Ethiopia being one of its major beneficiaries. Through a partnership with Mercy Corps, Source of Hope injects funds directly into humanitarian projects in the southern Ethiopian provinces of Derashe and Konso. One such project involved the construction of an aquifer that used gravitational force to transport stream water from high hills to faucets located at the center of villages several miles from the water source. Before the development, women and children had to walk this distance to fetch water and carry it home, a task that could cause spinal distortion over time. With access to clean water, the villagers are no longer vulnerable to spinal injuries or water-borne illnesses. The faucets are durable and reliable, allowing children more time to attend school. Additionally, Mercy Corps and Source of Hope established two business schools in the villages. Women now have access to entrepreneurship training at these schools, providing them with opportunities to start their own businesses.
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AuthorThe former owner, Chairman, and Chief Executive Officer of Oppenheimer & Co. Inc. Archives
March 2022
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