Riverdale Country School

Mind • Character • Community

<<  Upper School News & Stories

Upper School News & Stories

Riverdale Alum: Philanthropy Is Good Business
Posted 09/30/2014 03:30PM
Harrie Bakst, '03, a founding partner of Weinstein Carnegie Philanthropic Group, told Riverdale Upper School students today that corporations and nonprofits benefit from working together. 

Increasingly consumers prefer to buy from companies that give back to society, and some consumers are willing to pay more for items if they know that a portion of the cost supports charity, Bakst said. This attitude is especially prevalent among consumers who are younger than 40. Companies are eager to develop the long-term loyalty of this group.

"Companies are getting super excited about this," Bakst told the students. "Companies are saying, 'This sounds really interesting.' The nonprofits are saying, 'We don't know who to talk to.' What we are trying to do is bridge the gap."

Bakst was invited to the school by Zawadi by Youth, a student-run group at Riverdale that makes microfinance loans to small businesses around the world. It is one of the few high school student organizations in the country with 501-(c)(3) status.

Started in 2008, Zawadi by Youth raises money and distributes loans ranging between $25 and $300 to entrepreneurs in 40 countries. This year, the group is focusing on social entrepreneurship, and how individuals can become change agents for society.

Bakst is a a good example, said Josh Rothstein, a student who interned for Bakst last summer. "Everything he does in his life is to help others," Rothstein said.

Bakst, who played baseball for Riverdale, graduated from New York University. In his senior year of college, he was diagnosed with cancer. He underwent 33 rounds of treatment, and five months later ran in the New York City Marathon. His was one of the stories featured in a book about the marathon, A Race Like No Other, by Liz Robbins of The New York Times.

Also in attendance today was his brother, Richard, '99,  a radiation oncologist at Mount Sinai Hospital, his mother Ellen, and some of his Riverdale high school teachers and coaches.


Riverdale Country School

Mind • Character • Community



Lower School
1 Spaulding Lane
Bronx, NY 10471
LS: (718) 549-7780

Middle/Upper School
5250 Fieldston Road
Bronx, NY 10471
MS/US: (718) 549-8810

Contact Us

Quick Links

Riverdale teaches students to become lifelong learners by fostering "growth" mindsets. Go There ><

Quick Links

The River Campus offers a spacious, natural setting for our youngest students, inspiring learning and play. Go There >

Riverdale offers "STEAM" (science, technology, engineering, arts, and mathematics) teaching to Lower School students. Go There >

Quick Links

Middle School students explore hands-on learning through the Riverdale Maker program. Go There >

Project Knowmad allows Middle Schoolers to learn in a different way, using NYC as their classroom. Go There >

Quick Links

Riverdale teaches students to make connections through our interdisciplinary programs. Go There >

The club and activity program encourages students to explore their passions and try new things. Go There >

Quick Links

About 80 percent of Upper School students participate in athletics. Go There >

Riverdale's Hill Campus has an indoor pool, football stadium, weight room, and 3 playing fields. Go There >

Quick Links

Riverdale has entry points in Pre-K, Kindergarten, 6th, and 9th Grades. Visit our campus today. Go There >

Approximately 20 percent of Riverdale students receive some level of financial aid. Go There >

Quick Links

Last year's Annual Fund totaled nearly $5 million in gifts from alumni, parents, and friends of the school. Go There >

Have you included Riverdale in your estate plans? Please let us know and join our expanding group of Hackett Planned Giving Society members today. Go There >

powered by finalsite