Category Archives: Philantrophic Works

After Harvey, The Houston Area Benefitted From Nabors CEO Tony Petrello’s Corporate Philosophy

Published / by healthadmin

Prior to Hurricane Harvey people in Houston Texas were already familiar with the generosity of Nabors Industries CEO Tony Petrello and his wife Cynthia.

Previously, the couple had made a $7 million dollar donation to the Texas Children’s Hospital. That contribution was the seed money that helped to found the Jan and Dan Duncan Neurological Research Center.

Neurological disorders in children is a cause that hits home with the Petrellos. Their daughter Carena has Cerebral Palsy. Tony and Cynthia’s efforts to find help for their daughter brought them to the conclusion that more needed to be done in terms of research and developing treatments for children like their Carena.

While studying mathematics at Yale University the mathematician Professor Serge Lang became Tony’s mentor and friend. When Lang passed away in 2016 Tony Petrello decided to preserve the memory of his deceased friend by creating an endowment in Lang’s name.

Tony’s initial contribution to the endowment was $150,000. Other Yale Alumni who had studied under Lang began to contribute as well. This prompted Tony Petrello to start matching other donations up to $150,000.

Tony Petrello became the CEO of Nabors Industries in 2012. The company handles drilling operations for oil companies. Their 500 drilling rigs are operating in over two dozen countries.

Recently, Tesco a company specializing in oilfield services became one of Nabor Industries’ holdings. While commenting on the acquisition Tony revealed his corporate philosophy. He stated that as Nabor’s fortunes grow the company’s obligation to the community grows proportionately.

Read more on salary.com

Philanthropy is a part of Nabors’ corporate culture. They support Bike MS and the Susan G. Komen Foundation. The company’s own charitable foundation funds education for its employees and their progeny. To date, the Nabors Charitable Foundation has paid out $3 million in scholarships.

When Hurricane Harvey wrought havoc on the Houston area earlier this year, Nabors lost no time in contributing to the relief effort. Approximately 120 Nabor’s employees were among Harvey’s victims. Other employees volunteered to aid in the recovery.

This meant losing time from work. Nabors paid their salaries as they helped people in their own and surrounding communities. The company’s mobile kitchens were in operation providing hot meals to the displaced.

When employees began raising money to facilitate the recovery Nabors pledged to match the results of their efforts. The sum of the employees’ efforts added to the matching funds from their employer totaled 347,244 dollars.

Find more about Tony Petrello: http://releasefact.com/2017/09/tony-petrello-helps-to-launch-the-neurological-research-institute-at-texas-childrens-hospital/

Spreading Democracy Remains Important To George Soros As Attacks Continue

Published / by healthadmin / 1 Comment on Spreading Democracy Remains Important To George Soros As Attacks Continue

Those who take an interest in global politics understand the important role George Soros has played over the course of his life in helping spread democracy to areas of the world that were previously closed to the ideology. The 86 year old hedge fund legend has recently turned his attention to Myanmar where the military regime has kept a stranglehold over the democratic process and held its opponents under house arrest; however, to some in the U.S. George Soros is a name to be feared after a series of untrue and antisemitic attacks from conservative broadcasters, such as former Fox News anchor Glenn Beck.

The attacks of Glenn Beck and similar conservative leaning broadcasters are often described as simply being part of an entertainment aspect of the news in the 21st century, but George Soros has been facing such untruths for decades after making large donations to the Democratic party in the U.S. as he felt his own liberal beliefs were reflected in the ideology of the party. Beck’s three hour long special episodes on George Soros in 2010 remain the basis of many of the attacks that continue to surround the man who has lived an inspiring life as a Holocaust survivor and refugee.

Read more: Glenn Beck’s Ridiculous Misreading of George Soros Might Not Be As Inappropriate As Busting a 14-Year-Old’s Balls for How He Behaved During the Holocaust, But It Still Sets Back the Cause of Human Understanding

The story of the life of George Soros presented by Glenn Beck used quotes from a number of respected publications, including a story written by Connie Bruck in “The New Yorker” on politico.com. However, the comments of Bruck were taken out of context and did not reflect the story she wrote about the impressive life story of Soros from his birth in Hungary in 1930 through to his role in the 2008 election of President Barrack Obama.

As a child George Soros lived through the Nazi occupation of Hungary, and only survived the Holocaust after his father built an impressive false identity to hide the Jewish faith of the family from the authorities.

The most impressive philanthropic work of George Soros was also twisted to meet the needs of Glenn Beck in portraying one of the richest people in the world as some form of danger to the future of democracy. In fact, George Soros, inspired by his own experiences of Nazi and Communist rule created the Open Society Foundations to battle apartheid in South Africa, but has continued the fight for democracy in other areas of the world where closed societies can still be found. Soros has funded the growth of democracy on project-syndicate.org in many parts of the former Soviet bloc and now looks to allow the people of the world to understand and practice the freedom he himself found in the U.K. and U.S. as a refugee in the 1940s and 50s. See: http://www.politico.com/story/2016/11/democrats-soros-trump-231313