Where does the challenge take place?
The entire challenge will take place online. Students will raise money on the SickKids peer to peer fundraising platform, and manage their portfolios on the Portfolios with Purpose platform.
When does registration take place?
Registration takes place from November 1st, 2016 – January 15th, 2017.
When do I select my portfolio and compete?
The Challenge takes place from January 16th, 2017 – April 16th, 2017.
How do I set up my portfolio?
After registering, you will be sent a link to set up your portfolio on Portfolios with Purpose.
Am I eligible to participate?
Any student who has been enrolled in a post-secondary institution for any amount of time between Nov. 1st, 2016 – April 30th, 2017 is eligible to participate.
Where do I sign up?
How much does it cost to register?
It is free to register and compete. To unlock prizing, participants are required to raise a minimum of $100.
Do I have to raise money for children’s brain and mental health to participate?
No, it is free to register and compete. However, to unlock prizing, participants are required to raise a minimum of $100.
Where do the funds raised go?
All money raised goes towards solving the toughest challenges in children’s brain and mental health in partnership with The Hospital for Sick Children.
Are tax receipts provided for those that donate?
Yes. Anyone who donates to you will receive a tax receipt from SickKids Foundation, charitable business #10808 4419 RR0001.
How will winners be chosen?
Capitalize for Kids recognizes that investing is a long term initiative, and becoming a successful investor is hard. We do not want to underplay the degree of difficulty of picking a winning stock, nor do we want to crown a winner who got ‘lucky’. To ensure we properly assess the quality of each participant’s portfolio, we have developed a thorough evaluation process which incorporates portfolio return, and a written rationale. Our goal is to ensure challenge winners are selected based on their skill and investing acumen, rather than luck.
Final ranking of participants is based on two Factors:
- 1) Portfolio Return – Portfolios with Purpose will rank participants based on the performance of their portfolio
2) Written Portfolio Rationale – Participants are required to submit a written rationale for their portfolio (maximum 500 words)
What are the benefits of participating?
Participants of the challenge get access to amazing career development opportunities, prizes, and financial literacy educational content. To unlock the prizing and career development opportunities, participants must raise a minimum of $100.
Career Development – Introductions to mentors and potentially job interviews at top financial institutions
Amazing Prizes – Three grand prize packages of an Apple Watch, Indochino Suit, and Wall Street Prep Student Passport ($1,858 value)
Financial Literacy – Access to amazing exclusive educational content
Performance Record – Students will be able to demonstrate their investing acumen through their challenge performance each year they compete.
Social Impact – Raise money to help solve the toughest challenges in children’s brain and mental health.
Can I choose where the money I raise is directed?
No. Capitalize for Kids will decide where to allocate funds as per our organizations decision making framework. Impact of funds raised will be reported to all participants within a reasonable amount of time.
How can I get my campus more involved?
If you’d like to get your campus more involved, contact us for more information.