Students in the Investment Club at Ridgefield High School raised money for SPHERE through its third annual FUNDraiser. Investment club President Mike Zvon visited with board member Wendy Lionetti at SPHERE on June 20 to present the donation.
The FUNDraiser was started last year as a way to incentivize investment club members to carefully select investments for the yearlong simulated investment portfolio while raising money for a worthy cause. The FUNDraiser ties the club’s investment fund performance to the amount the club would donate to a given charity. For example, if a donor pledged $100 and the fund increased by 10 percent, the full donation given by the donor would be $110.