SOURCE: LRG Capital Group, LLC

LRG Capital Group, LLC

November 10, 2010 12:30 ET

Lawrence Goldfarb to Moderate Second Annual Homeward Bound of Marin Shareholders Meeting

LARKSPUR, CA--(Marketwire - November 10, 2010) -  Lawrence "Larry" Goldfarb, CEO of LRG Capital Group (www.lrgcapital.com), will moderate the second annual Homeward Bound of Marin Shareholders meeting on Thursday, January 27th, from 5:30 to 7 pm at the Next Key Center in Novato. Homeward Bound of Marin made philanthropic history in 2007, when it launched the nation's first-ever nonprofit IPO, an "Immediate Public Opportunity... to end homelessness" by selling fundraising shares to build the Next Key Center. The Next Key Center serves as the hub for social enterprise businesses that operate to provide job training and employment opportunities for people moving out of homelessness, and to generate revenues to support various Homeward Bound of Marin programs.

Much of the success of the non-profit IPO is due to notable investors such as Warren Buffett, who bought the inaugural IPO share in 2007, as well as other celebrity investors including rock legend Sammy Hagar, and San Francisco Giants pitcher Russ Ortiz http://bit.ly/HBsr2010. The nonprofit IPO also has been recognized across the United States as other nonprofits have begun to create IPO-style fundraising initiatives of their own. 

"I am thrilled to moderate this event for one of the most highly respected organizations in the community," said Lawrence Goldfarb, CEO, LRG Capital Group. "This year's event promises to be very special as we acknowledge and thank the investors following Homeward Bound's first ever-nonprofit IPO and make some exciting new announcements for the future of both the IPO and the organization. We are looking forward to welcoming some very special guests and provide an educational and fun-filled evening for investors and the Homeward Bound family."

Mr. Goldfarb has been a longtime supporter of Homeward Bound, purchasing his IPO shares in 2008. He also supports many other organizations that are making a difference in the Marin County, California, community including the California Film Institute, the Mill Valley Film Festival, the Blue Bear School of Music, Easter Seals, the Throckmorton Theatre, the Oak Hill School and Autism Speaks, among others.

Homeward Bound of Marin operates 14 programs for homeless men, women and children, offering more than 440 beds per night and serving approximately 1,400 people each year. Rather than a one size fits-all approach, Homeward Bound helps each person prioritize goals, incorporating an array of support services from counseling to job training to credit repair. Homeward Bound helps residents focus on the next steps in their journey from homelessness to self-sufficiency.

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