logo
St. Jude Children's Hospital's fundraising arm selects new CEO in midst of global expansion

St. Jude Children's Hospital's fundraising arm selects new CEO in midst of global expansion

Yahoo6 hours ago
St. Jude Children's Research Hospital's fundraising organization, ALSAC, promoted Ike Anand Tuesday to become its new president and chief executive officer.
The leadership change comes as ALSAC -- which raised more than $2.5 billion for the Memphis-based hospital in 2024, according to tax filings – navigates a global expansion and an increasingly complicated funding landscape in the United States.
'My role is to make sure that ALSAC is able to deliver on its promises to St. Jude so that St. Jude can continue to dream big,' said Anand, who had been ALSAC's chief operating officer since 2020. 'And ALSAC has a lot of initiatives in the pipeline to make sure that that happens.'
Dr. Frederick M. Azar, chairman of ALSAC's board of directors, said Anand had been instrumental in redefining the organization's strategic direction, including its six-year $12.9 billion plan to provide pediatric cancer cures and treatments globally, and will help it continue to grow. 'Throughout his tenure, Ike has demonstrated visionary leadership and an unwavering commitment to the St. Jude mission,' Azar said in a statement.
For Anand, who spent 15 years at travel tech firm Expedia Group and the rest of his career at other for-profit businesses, heading a nonprofit, even one as large and influential as ALSAC, was not an early life goal. But the COVID-19 pandemic and its impact on his family and friends changed that.
'I was hunting to do something that makes me feel valuable and purpose-driven in this world,' Anand said. 'And what I found, it was the perfect match.'
At Expedia, he learned the importance of data, nurturing customer relationships, and managing teams around the world – experiences he says helps at ALSAC. 'We have a culture here now of testing and learning, getting better at what we do and ultimately understanding that we're not really competing against anybody else,' he said. 'We are trying to be better at what we do.'
One area where Anand has drawn attention is incorporating artificial intelligence into ALSAC's fundraising. Its initiative of using AI to help guide its communications with donors has influenced multiple programs in philanthropy.
Anand is quick to point out that ALSAC does not use donors' specific data to communicate to them individually, but does use aggregated data to make decisions about what information may interest certain types of donors. 'For us, it is really, really vital that the consumers have trust in us and that they see us valuing their privacy, that they see us valuing their information and using it in the right manner,' he said. 'And so we're really careful about it.'
Health care policy changes from President Donald Trump's administration may impact rural hospitals and increase the need for St. Jude's services, which include free treatment for children with cancer. However, Anand says that St. Jude and ALSAC see it as their mission to care for all 400,000 children around the world diagnosed with cancer, so the changes do not really change their focus.
'Our mission is a unifying mission," he said. 'We are not a political organization. I think everybody agrees that saving children is one of the most important things we can do as humanity.'
Marlo Thomas, National Outreach Director for St. Jude and daughter of the late entertainer and philanthropist Danny Thomas who founded ALSAC and St. Jude, said that goal has remained the same.
'When my father founded St. Jude with a dream that no child should die in the dawn of life, he meant no child anywhere,' she said in a statement. 'Ike Anand is the perfect person to carry that dream forward and help continue to expand our mission globally."
____
Associated Press coverage of philanthropy and nonprofits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit https://apnews.com/hub/philanthropy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

The Beatbot Robot Pool Cleaner Is at Its Lowest Price Ever for Prime Day
The Beatbot Robot Pool Cleaner Is at Its Lowest Price Ever for Prime Day

CNET

time9 minutes ago

  • CNET

The Beatbot Robot Pool Cleaner Is at Its Lowest Price Ever for Prime Day

Cleaning and maintaining a pool is time-consuming and expensive. Some estimates put the yearly cost at anywhere from $1,000 to $6,000 or more, all for the chance to bask in the sun next to a clean pool. If you've ever thought about offloading the task to a robot, you're in luck, because the Beatbox Aquasense 2 Pro is on sale for 32% off. That puts it at its lowest price ever. We buried the lede a little bit, so let's back up a bit. One of these pool cleaning robots retails for $2,899, and with its 32% discount, that puts the price at $1,969, which translates to $930 of savings. Per CamelCamelCamel, its previous best price was around $2,100, so you can save even more if you act fast. The deal is available on Amazon or from Beatbot's website, and you can order from either one. However, Amazon's listing boasts a free item, which is Beatbot's all-weather protective cover for the AquaSense 2 Pro, adding another $50 of value. The deal will most likely end at the end of the Prime Day event, so act fast if you're interested. Here's a list of the best robot vacuums that we've tested. To be clear, our experts loved the BeatBot's performance, but it's (normally) high price kept it out of the top. Even at its sale price, $1,969 is quite a lot of money, so you're probably wondering what this little guy does. Beatbot introduced the world to the AquaSense 2 Pro at CES 2025, so it's one of the brand's newest products. It works by using its AI-powered camera to map your pool, and then it'll spend its days leisurely cleaning it so you don't have to. Those same cameras act as the robot's eyes, scanning your pool for any dirt or particles that may be floating around so that it can mosey on over and clean it up. Beatbot's AquaSense has premium features and a best-in-class battery life. David Watsky/CNET In terms of actual cleaning, the bot handles just about all of it. It can clean the bottom or walls of the pool, including the waterline where debris tends to lap up onto the pool lining, which makes it competitive with other pool cleaning robots. While it's there, it can skim the surface of the water to remove debris floating on the surface while also cleaning the water of dirt and residue. When it's done, it'll float on the water near the edge of the pool so you can retrieve it. Should the bot miss a spot, Beatbot also has an app that lets you control it manually. Let us help you find more deals. CNET Deals texts are free, easy and can save you money. A robot pool cleaner like this is great to have for people who have pools. If you stumbled into this article and you don't have a pool, there are still plenty of other deals you can surf. For instance, regular robot vacuum cleaners can also save you time by cleaning your hard floors and carpets. Save time, and maybe even some money too Pool cleaning robots get very expensive, and the more features you pack into a bot, the more expensive it gets. The AquaSense 2 Pro has nearly every feature you can ask for, which makes it competitive in the space already. At a $930 discount, that brings it in line with less expensive pool cleaning robots that offer fewer features for the same amount of money. Factor in the time you save by not having to clean the pool all the time and the cost savings of having to bring someone out to clean it for you (or repair it due to lack of maintenance), and you could potentially earn this money back in pretty short order. Plus, with a three-year warranty, Beatbot will replace your robot if it comes with a defect.

Clippers likely leaders to sign Bradley Beal if Suns buyout goes through: Source
Clippers likely leaders to sign Bradley Beal if Suns buyout goes through: Source

New York Times

time9 minutes ago

  • New York Times

Clippers likely leaders to sign Bradley Beal if Suns buyout goes through: Source

As long as he secures a contract buyout with the Phoenix Suns, the Los Angeles Clippers are likely the leaders to sign guard Bradley Beal, league sources tell The Athletic. Contending Western Conference teams have expressed interest in the 32-year-old, who averaged 17.3 points per game last season in Phoenix but came to represent the Suns' inflexibility as they failed to build a contender around him, Devin Booker and Kevin Durant. Advertisement If he goes to the Clippers, Beal would be part of a potential lineup with James Harden, Kawhi Leonard, John Collins and Ivica Zubac. The team paved the way for that possibility by trading Norman Powell to Miami in a three-team swap that brought Collins in from the Jazz. The Clippers can offer Beal up to $5.3 million in salary for the 2025-26 season. They have cap space left over from the $14.1 million non-taxpayer midlevel exception, which they used most of to sign Brook Lopez. The team finalized his contract on Sunday. After dealing Powell, Lawrence Frank, the Clippers' president of basketball operations, alluded to more moves by the team on the horizon. 'The work's not done. We still have a lot of work to do, but I think we're moving in the right direction to give this group a chance to be better than we were last year,' Frank said. 'There's obviously no guarantees. The West is unforgiving. Yet at the same time, we have to run our own race and we're doing the best we can.' Beal has also considered the Los Angeles Lakers, Golden State Warriors and Milwaukee Bucks, league sources said. As of Tuesday, Beal and the Suns were still discussing the possibility of a contract buyout. Both sides remain optimistic it will get done, league sources tell The Athletic. He has two years and $110.8 million remaining on his deal. If the Suns waive Beal, they could stretch his salary over five seasons, leaving approximately $19.4 million in dead money on their books through 2029-30. Because of a quirk in the collective bargaining agreement, Beal must give back at least $13.8 million in a buyout for the Suns to stretch his salary. Beal understands that because the money has dried up on the free-agent market, he is unlikely to make back the $13.8 million he would be giving up right away. His ideal move could be to sign a two-year contract with a player option on the second season, allowing him to re-enter the market in 2026 to sign for a larger number. Advertisement The Clippers waived third-year forward Jordan Miller on Tuesday, a league source said, a move that will give them a bit more room below the first apron, a payroll threshold slightly above the luxury tax. Had they not waived Miller, giving Beal a $5.3 million salary would have made it more complicated to fill out the roster with two veterans on minimum contracts. Beal signed a five-year, $251 million contract with the Washington Wizards in 2022 that contained a no-trade clause, a rarity in the league where front offices don't typically yield that level of control.

Analysts sounds alarm on Circle stock as supply stalls
Analysts sounds alarm on Circle stock as supply stalls

Yahoo

time9 minutes ago

  • Yahoo

Analysts sounds alarm on Circle stock as supply stalls

Analysts sounds alarm on Circle stock as supply stalls originally appeared on TheStreet. It has been more than a month since Circle Internet Group (NYSE: CRCL), the crypto company, went public on June 5. Since making its public debut, the Circle stock has rocketed as much as 600%, and most analysts are extremely bullish on it. However, analysts at Mizuho Securities have projected a rather bearish outlook on the CRCL stock. For the uninitiated, Circle is the company behind the USDC stablecoin. A stablecoin is a type of cryptocurrency that attempts to stabilize its value, unlike traditionally volatile cryptocurrencies such as Bitcoin. Analysts at the Japanese investment banking and securities firm have said CRCL's valuation doesn't appropriately reflect key risks to the earnings over the medium by Dan Dolev, Mizuho analysts have granted the CRCL stock an "underperform" rating and the price target of $85. Note that the stock debuted with an IPO price of $31 a share and was trading at $207.36 at press time. So, Mizuho's evaluation of CRCL is rather underwhelming. "Over time, we also worry that the advancement of regulation like the GENIUS Act invites more competition and raises commoditization risk for dollar-based stablecoins like USDC," Mizuho's note read. The analysts also said the company's target of reaching a revenue of $4.5 billion in 2027 may be unrealistic and 25%-30% too high because interest rates are expected to fall and USDC supply has remained flat at $62 billion since April. With a market cap of $61.67 billion, Circle's USDC is the second-largest stablecoin. But it accounts for a little less than 25% of the total stablecoin market cap of $255.46 billion, as per DeFiLlama. In contrast, the largest stablecoin, Tether's USDT, holds a market cap of $159.52 billion and accounts for more than 62% of the total market share. Analysts sounds alarm on Circle stock as supply stalls first appeared on TheStreet on Jul 8, 2025 This story was originally reported by TheStreet on Jul 8, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store