Since Socotra Capital was founded in 2007, one of our guiding principles has been recognizing the inherent value of philanthropy, supporting worthy causes that benefit the public as a whole.
Consider Johns Hopkins University, and the 37 Nobel prizes its faculty and students have accrued in the last 140 years for groundbreaking research in medicine. Or the MacArthur Foundation, which has dispensed nearly $7 billion in grants to nonprofit organizations around the world. Or the Metropolitan Museum of Art, one of the largest museums in the world.
All three of these organizations exist solely because of the generosity and civic mindedness of some of this country’s most successful businessmen and women. And thanks to the efforts of these and other organizations, the vulnerable and underserved are afforded access to the services and healthcare they need to grow and prosper, the creativity and intellectual insights of our community is cultivated, and their efforts are preserved for the benefit of future generations.
Philanthropy matters. This is why Socotra Capital is proud to serve and support two of Sacramento’s most historic and celebrated institutions, the Sacramento Children’s Home, and the Sacramento Zoo.
90 years ago, a collection of 40 animals—ranging from exotic monkeys to not-so-exotic raccoons—were brought together to form the William Land Park Zoo. When it first opened in 1927, the zoo only occupied 4.2 acres. Early on, the zoo’s small size necessitated that most of the exhibited species were of a similarly small scale. However, […]
Residents of Sacramento, past and present, have long advocated for support services for the region’s homeless population. What most don’t recognize is how far back such concerns have been raised. In the wake of the Gold Rush of the 1840s and ‘50s, many children were abandoned, with most of them doing their best to survive […]