Milken Investment Leadership Club-

Request for Funding

Prepared for: Recipient, Company
Prepared by: Justin Leff, Brandon Ptasznik, Sawyer Kroll,
Presidents & Founders
May 22, 2014
Proposal number: 9892-49934
Justin Leff, Sawyer Kroll,
Brandon Ptasznik
15900 Mulholland Drive
Los Angeles, CA 90049
(818)939-9089
Justin Leff, Sawyer Kroll,
Brandon Ptasznik
15900 Mulholland Drive
Los Angeles, CA 90049
fax Work Fax Phone Justin Leff, Sawyer Kroll,
Brandon Ptasznik
15900 Mulholland Drive
Los Angeles, CA 90049 jleff@milkenschool.org
Case Statement - Milken Investment
Leadership Club
Club Description and Goals
The Milken Investment Leadership Club (MILC) is a four-year high school experi-
ence, where members will learn to evaluate and invest in a variety of assets and
manage an investment account. This is a nonprofit venture, and gains will peri-
odically be drawn down and awarded as educational grants to underprivileged
students.
In response to a great deal of student interest in both financial management and
social action, the Milken Investment Leadership Club was founded. Over 50 stu-
dents currently attend the meetings. The two goals of MILC -- educating students
about sound investment strategies and providing business education opportuni-
ties to students in the larger Los Angeles area -- coalesced into the idea of a
nonprofit investment fund owned by Milken Community Schools, managed by the
students, with oversight by faculty and by the Investment Committee of the Board
of Trustees, the returns from which would be periodically drawn down and
awarded as an educational grant.
In order to achieve these goals, members will go through an introduction to the
stock and bond markets, and learn the basics of investing through inquiry based
research and engagement with community business professionals and Milken
faculty. The students will develop an investment philosophy, strategy, and time-
line. They will then self-organize into small, focused research groups to apply
what they have learned to analyze potential investments and present their rec-
ommendations to the club as a whole.
The students will vote on the companies in which to invest. The actual transac-
tions will be made by the faculty advisors who will have final veto power to both
manage risk and provide teaching opportunities. The Assistant Head of School
for Finance & Operations or the Head of School will provide dual control sign-off
on the transactions.
Once the account has been created, the students will begin to raise funds, invest
in companies, track and discuss the performance of the investments, and reflect

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on the strengths and weaknesses of their current positions. Frequently over the
year, the club will meet to conduct research, discuss proposals, and vote on in-
vestment directions and portfolio balance.
We are excited about the prospect of students learning from real world experi-
ences of managing the portfolio, as well as from managing the business side of
the club, including fundraising. Thus, students will graduate with a great knowl-
edge of how the investment and business worlds work through their hands-on
experiences in the club.
The Milken Investment Leadership Club seeks to raise $10,000 dollars to fund
the account and begin investing.
Looking Forward
Our investment goal is to have a rate of return high enough to award a social ac-
tion education grant of $1,000 to $2,000 each year beginning in the 2017-18
school year.
Once the students have mastered the foundations of sound investing with proven
companies, we might open a portion of the fund to direct investment in student-
run businesses.
History
The Milken Investment Leadership Club was founded by 3 freshmen: Justin Leff,
Brandon Ptasznik, & Sawyer Kroll. All three rising sophomores have a back-
ground and passion for investing, a passion that has built the club into the largest
club in the school, with over 50 attending members. Members will meet twice a
month to propose investment ideas and evaluate the current status of the in-
vestments. The Investment Clubs student leadership will meet once a week to
determine how the clubs next meeting will be run, and to make executive deci-
sions.
Student Leadership and Growth
A board of directors (MILC Leadership Council?) has been established to pro-
mote leadership and to execute job requirements and tasks. The MILC Leader-

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ship Council is a devoted group of motivated individuals who share a common
passion of promoting the growth of the club and of their business knowledge.
Students growth will be expanded into other areas of the real world by:
(1) teaching the benefits of group discussion, teamwork, and healthy debate
(2) exposing students to group assessment
(3) empowering students to apply logic and reason to complex systems
(4) experiencing innovative thinking while respecting the opinions of others
(5) introducing students to financial professionals and mentors
(6) encouraging students to engage in reflections and develop resilience
(7) encouraging collaboration and problem solving while exploring:
a. investment strategies and philosophies
b. individual investment options
c. generation of the needed revenue
d. ways in which to recruit financial professional to address the group
e. ways to assess and award educational grants
Social Action
While student education is one of the main goals of our club, another important
aspect of our club will be philanthropy. Recognizing that a significant part of a
Milken education is about tikkun olam, healing the world, it is the intent of the
founders of this club that starting in the academic year 2017-2018, the gains from
the investments will be used to support a social action effort. The club members
will be able to submit proposals each year on how those gains are to be spent.
The MILC Leadership Council will choose the winning proposal, within appropri-
ate guidelines that will satisfy current IRS standards. If at some future time the
Investment Club ceases to exist, management of the corpus of the Investment
Club funds at that time will revert to the Investment Committee of the Milken
Community Schools Board of Trustees, with the intent that the gains will be de-
voted to philanthropic purposes in perpetuity.
Your Support
When you choose to support the Milken Investment Leadership Club, we appre-
ciate your support through our recognition levels:

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* Partner (Up to a $999)
* Patron ($1,000 - $2,499)
* Benefactor ($2,500 - $4,999)
* Sponsor ($5,000 - $7,500)
* Affiliate ($7,500 or more)
Please make checks payable to Milken Community Schools, with the memo, In-
vestment Club. Donations may also be made by credit card, wire transfer and
stock transfer; further details available from the Development Office. Donations
will be acknowledged with a receipt from the Development Office. Milkens FEIN
is 95-4381008. All donations to the Milken Investment Club are separate from
annual giving and will be restricted to use by the Investment Club.
We rely on our donors to progress as a club, and we could not be more grateful
to anyone who believes in our mission. Our donors become our friends. Please
be our friend and embark on our adventure of teaching, learning, and experienc-
ing the world.
Thank you,
Justin Leff Brandon Ptasznik Sawyer Kroll
President President President



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