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MEDIA ADVISORY: The Blackstone Charitable Foundation and The Burton D. Morgan Foundation to Announce a Major Investment

Posted Nov. 10, 2011

Nov. 18 @ 11 a.m.

The Blackstone Charitable Foundation and The Burton D. Morgan Foundation to Announce a Major Investment to Train Ohio’s Next Generation of Entrepreneurs

Stephen A. Schwarzman
, Chairman, CEO and Co-Founder of Blackstone will be joined by Burton D. Morgan President and CEO Deborah Hoover, U.S. Senator Sherrod Brown, Assistant to the President for Science and Technology and Director of the White House Office of Science and Technology Policy, Dr. John P. Holdren, and Ohio Board of Regents Chancellor Jim Petro on Friday, Nov. 18, to announce a major investment to train Ohio’s next generation of entrepreneurs. This announcement involves Kent State University.

Friday, Nov.18, at 11 a.m.
Case Western Reserve University
Kelvin Smith Library, 2nd Floor
11055 Euclid Avenue
Cleveland, Ohio

Availability with speakers: Event speakers will be available for media immediately following the event.

Press must RSVP to reserve parking in the Visitor Lot at Case Western Reserve University

RSVP to: Tricia Schellenbach,, 216-368-6949, or Oriane Schwartzman,, 347-446-8310. 

Press set up begins at 9:30 a.m. A mult box will be available for audio feeds.

About The Blackstone Charitable Foundation:
The Blackstone Charitable Foundation was founded at the time of The Blackstone Group’s Initial Public Offering in 2007 with substantial commitments from the firm’s employees. Influenced by the enterprising heritage of the firm and its founders, The Blackstone Charitable Foundation is directing its resources and applying the intellectual capital of the firm to foster entrepreneurship in areas hardest hit by the global economic crisis. Through its investment expertise across several asset classes and geographies, Blackstone has a unique perspective on the global economy and a heightened understanding of how entrepreneurial activity is often the crucial catalyst in the growth of successful businesses, industries and communities. (For more information, see

About The Burton D. Morgan Foundation:
The Burton D. Morgan Foundation is a private foundation established in 1967, whose mission is to strengthen the free enterprise system by investing in organizations and institutions that foster the entrepreneurial spirit. The Foundation supports entrepreneurship and entrepreneurship education at the youth, collegiate, and adult levels. With a 360-degree view of entrepreneurship education programs and their intersection with entrepreneurship activity across Northeast Ohio, the Foundation has a vantage point that allows it to link ideas, people, and opportunities to advance entrepreneurship. The Foundation is involved in building an ecosystem of organizations that work together to build a rich and productive entrepreneurial culture in Northeast Ohio. For more information, please visit:

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