Eagle Capital invests prize money in economic education

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EAGLE CAPITAL INVESTS PRIZE MONEY IN ECONOMIC EDUCATION

BATON ROUGE –  The Louisiana Council for Economic Education (LCEE) held its 8th Annual Fundraising Golf Tournament on April 30th at the Pelican Point Golf Club in Gonzales. The eight participating teams played not only to support LCEE, but also competed to win a $1,000 first place cash prize. Players Mike Rohm, Ken Ross, Eric Maxwell and Jerry Heap of Eagle Capital Management, based in the New Orleans area, won the first place honors… but then, they did something even more noteworthy: they immediately donated the prize money back to LCEE.

“We at Eagle Capital have fielded teams in the LCEE tournament for several years, drawn to the organization and the event by LCEE Board member Alfred Liggans of Gulf Coast Bank & Trust. It is such a fine, well managed event and so much fun that we look forward to it each year,” Eagle Capital Management president, chief investment officer and co-owner Mike Rohm said of the tournament.

“We are an investment management firm; we think that giving back our winnings will not only benefit the LCEE to meet its budget goals, but also to be symbolic of the need for Louisiana businesses to support the mission and goals of LCEE. For us, it is as simple as investing …..not in stocks and bonds, but in the minds of Louisiana citizens to develop the knowledge, understanding, and skills to make well-informed economic choices. At Eagle Capital, we are proud to be ‘investors’ in this effort,” he added.

Eagle Capital Management’s generosity is especially appreciated this year, as legislators have proposed to cut LCEE’s funding completely.  The golf tournament’s success was crucial to support the organization during this very uncertain time.

“We are so grateful for the participation of each team and supporter – without whom we would not be able to continue to bring vital services to Louisiana teachers and students. However, the generosity of Mike Rohm and The Eagle Capital Management team is particularly touching given the difficult economic period and harsh budget cuts through which LCEE is trying to navigate.  Eagle’s “investment” in economic and personal finance education was definitely the highlight of the tournament for me.”

The Louisiana Council for Economic Education (LCEE) is a statewide 501 (c) 3 non-profit organization in existence since 1956. LCEE’s mission is to provide Louisiana teachers and
pre-service teachers with vital resources and training to educate K-12 students so that they may develop personal finance and economic literacy as critical components of their lives. The goal of LCEE is to aid both Louisiana teachers and students to become prudent savers, investors and consumers both locally and in the global community.

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