The Macquarie Group Foundation sponsors ASAP's Philadelphia Scholastic Chess League

On Thursday, March 2nd, the top chess teams of ASAP's Philadelphia Scholastic Chess League, sponsored by The Macquarie Group Foundation (the philanthropic arm of Macquarie Group), will compete during the ASAP Chess Finals. Since November, teams have been competing in bi-weekly tournaments held at the School District of Philadelphia. For many, the event hosted at the University of Pennsylvania Museum of Archaeology & Anthropology, will be the first step on the road to Nationals. The Macquarie Group Foundation supports the city’s best and brightest chess teams as they vie for the title of City Champs at the elementary, middle and high school level.

In order to qualify for the ASAP Chess Finals, Philadelphia youth competed at the ASAP Chess Semi-Finals on February 23rd, hosted by the Venice Island Performing Arts & Recreation Center. As a result, the remaining competitors set to face off on March 2nd are:

  • Elementary schools: Julia R. Masterman School and Philadelphia Performing Arts Charter (PPAC);
  • Middle schools:  Julia R. Masterman School and Esperanza Academy Charter School;
  • High schools: Central High School and George Washington Carver High School of Engineering & Science 

This year’s league season has been an impactful one to say the least. While coaches have been sharpening the strategies of their players, the teams have become incredibly tight-knit. “For me that’s honestly the best part—you get to play and you get to become friends with people” states Esperanza 8th grader, and co-captain, Ilian. “We all think the same thing at heart- it's meeting the people and getting new friends. You’re usually not friends with people who beat you. But that’s not the case here,” added teammate, De-Shawn.

IMG 8303Esperanza middle school chess team; ASAP Chess finalists

There will be no room for amateurs at the finals, as every team will be competing not only for a trophy, but a chance at states. Players must analyze and adjust their moves accordingly, knowing that as in chess, the real prize is what lies ahead—Nationals in Nashville.

This year’s sponsor, The Macquarie Group Foundation, provides support to community organizations globally each year through financial support, volunteering and skills sharing, predominantly in the locations in which Macquarie operates. The work of the foundation is significantly influenced by the activities of Macquarie staff with a focus on capacity building within the community sector and increasing social and economic mobility. In October 2016, ASAP had the privilege of working with Delaware Investments, a member of the Macquarie Group, for the 2016 Charity Golf Classic, raising more than $137,000 to support ASAP/ After School Activities Partnerships.

Delaware Investments, a member of Macquarie Group, is a global asset management firm that offers a wide variety of equity and fixed income solutions for individual and institutional investors. Through teams of disciplined and talented investment professionals, the firm is committed to delivering long-term, consistent performance. Delaware Investments is supported by the resources of Macquarie Group, a global provider of asset management, investment, banking, financial, and advisory services with US$370.6 billion in assets under management as of June 30, 2016.

ASAP would like to thank the Macquarie Group Foundation for sponsoring the Philadelphia Scholastic Chess League Finals, in support of the mission at ASAP/ After School Activities Partnerships to develop high quality after school activities and resources to empower youth and strengthen communities in Philadelphia. Their support directly engages the youth of Philadelphia in an activity that has been shown to, “not only improve cognitive capacities, it also influence socio-personal development and molds the coping and problem-solving capacity in the children and adolescents who play chess,” (Spanish Journal of Psychology, 2012). Partnering with the Macquarie Group Foundation allows Philadelphia youth to showcase the talents in which they have diligently cultivated over the 2016-17 league season.

 

Delaware Investments Macquarie Logo1 3

 

Article written by ASAP/ After School Activities Partnerships, Development Coordinator, Victoria Bakey

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After School Activities Partnerships
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