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The New York City Marathon is one of the most famous running event's in the world.
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This year’s marathon will be run on Sunday.
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Whitney Tilson, founder and managing partner of Kase Capital Management, will be taking part in the Marathon, while donating money to the Robin Hood Foundation. The opportunity to participate in some meaningful way is still open to the public.
This year’s New York City Marathon will be run on Sunday by roughly 50,000 people from all around the globe – including several celebrities like Alicia Keys, James Blake and Ethan Hawke.
Among the people making the trek from Staten Island to Central Park will also be 49-year-old hedge fund manager and philanthropist Whitney Tilson. But Tilson won't be running just for the rush or health benefits, he will also be sprinting for charity.
Tilson recently sent an email telling investors he would be racing to help Paul Tudor Jones’ Robin Hood Foundation, his favorite charity (along with KIPP).
Robin Hood's In New York
For those unfamiliar with the foundation, “Robin Hood is New York's largest poverty-fighting organization, and since 1988 has focused on finding, funding and creating programs and schools that generate meaningful results for families in New York's poorest neighborhoods,” boasts the foundation's .
Related Link: Whitney Tilson Confirms To Benzinga He Is Still Short Herbalife
Every year, the foundation fields a team to run the marathon, looking to raise funds in the process. This year, that illustrious team will include Tilson.
Even though entrance in this year's marathon may not be possible for you due to timing or proximity, you can still participate.
Consider donating to Robin Hood on Tilson’s . Your support will go far.
The hedge fund manager started by donating $100 per mile ($2,620 in total). In addition, for motivation to run faster, he promised to donate an extra $10 for every minute that he finishes faster than 4:22 (a 10-minute mile for 26.2 miles).
Benzinga spoke with Mr. Tilson, who revealed that over the past 24 hours -- since the email was sent out, “62 friends and family have committed $21,434,” including his own $2,620. Furthermore, a few of them introduced performance hurdles, including $30 per every minute under 4:22, $10,000 if he breaks 4:15, $1,482 if he breaks 4:00, and an extra $500 if he breaks 3:45.
“I’m determined to get that $10,000!” Tilson concluded, adding that running/workout songs recommendations were welcome. So, feel free to chip in!
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