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  • SBB Research Group Selects Three Chicago Nonprofits as January 2021 Grant Finalists

    SBB Research Group is pleased to select three Chicago-area charities as the January 2021 finalists of its monthly grant program supporting essential nonprofit organizations during the COVID-19 pandemic (in alphabetical order): The Boys and Girls Club of Lake County offers north suburban Chicago youth an inviting and safe after school environment where they are encouraged to reach their full potential as productive, caring, and responsible citizens. Caring 4 Kids Clothing provides much-need clothing to hundreds of northern Illinois children, including coats, boots, scarves, and gloves, as well as everyday items such as school uniforms, gym shoes, socks, and undergarments. The Center for Enriched Living serves the citizens of northern Illinois who live with developmental and intellectual disabilities, helping them to become active participants in the full spectrum of community life. These finalists will deliver a ten-minute presentation via videoconference to the Chicago-area investment firm's staff, who are eager to learn more about the critical work being undertaken by each. The employees will then vote to allocate the company's monthly grant awards. Each finalist will receive a donation of at least $1,000. Last month, Family Matters received $5,000 to further its mission of offering transformative academic and social programs to underserved school-age children. SBB Research Group's COO, Matt Aven, said that "this initiative reflects our commitment to support vitally-needed community services." Any 501(c)(3) nonprofit organization is encouraged to apply at http://sbbrg.org/apply-for-grant. This story can be found on Benzinga, IT News Online, PRWeb.

  • National Hospital Ambulatory Medical Care Survey (NHAMCS)

    While many people are familiar with the United States Census, which is taken every 10 years as mandated by the Constitution, there are actually over 100 different surveys conducted by the US Census Bureau each year. In this educational series, SBB Research Group summarizes key information from Census.gov about these lesser-known—but highly important—surveys. What is the National Hospital Ambulatory Medical Care Survey (NHAMCS)? The NHAMCS provides information about the delivery of ambulatory care in hospital emergency rooms and outpatient surgery centers throughout the United States. The survey is conducted by the g and incorporated into the Centers for Disease Control and Prevention’s Ambulatory Health Care Database. Survey data is collected on the number of visits by demographic characteristics (age, ethnicity, gender) as well as the type of institution and geography. In addition, various other details are recorded, such as the patient’s reason for the visit (specific chronic conditions and traumatic injury statistics), the provider’s diagnosis, and services ordered or provided. Information is also collected about treatment, including medication therapy and vital statistics, payment (public/private insurance, Medicare, etc.), and the type of provider (physician, registered nurse, nurse practitioner, or mental health provider). Methodology of NHAMCS Findings for the NHAMCS are based on a sample of visits to community health centers and non-federal office-based physicians engaged in direct patient care. A three-stage sampling method is utilized to select geographically defined hospitals and emergency departments. How is the Data Used? Data collected by the NHAMCS provides statistics on visits to both hospital emergency departments and outpatient departments. This data is analyzed by Congress, governmental agencies, and public health organizations to define healthcare policies. Universities, medical schools, and research organizations study the information for educational and policy decision-making purposes. With this data, policymakers can take action around critical health care issues, such as: The impact of the national opioid crisis and the aging US population Healthcare reform and the growing number of uninsured individuals Trends of hospital inpatient to outpatient surgery The use of innovative diagnostic and medical record technologies Sources: https://www.cdc.gov/nchs/ahcd/index.htm

  • Family Matters Receives SBB Research Group Grant

    Family Matters is the latest recipient of a $5,000 grant from SBB Research Group, which awards monthly grants to support impactful organizations during the pandemic. Based in northwest Chicago, Family Matters offers underserved school-age children academic and social programs that engage them through transformative educational experiences. In partnership with the local community, Family Matters works to close the education gap by guiding students through each stage of school and preparing them for college and careers. Through programs such as Boys to Men and Girl Power, the organization inspires youth to build leadership, academic, social justice and career skills with the goal of developing resilient, responsible, and accountable community leaders. “We are excited to partner with SBB Research Group as we continue our work of bringing youth, families, and our community together” said Ann Hinterman. Family Matters believes that youth development depends on holistic family involvement. Staff and volunteers work to nurture meaningful and life-changing relationships within homes, schools, and the community using Family Matters’ “Principles of Leadership”: positive thinking, peaceful conflict resolution, and responsible decision making. “SBB Research Group is proud to support Family Matters and we share their values,” said Matt Aven, SBB Research Group’s COO. The company selected Family Matters for this grant because obstacles for Chicago-area students have multiplied during the pandemic. Aven added, “COVID-19 has made it difficult for students to sustain their academic and social progress, particularly while in-school learning is restricted.” With limited exceptions since March 2020, Chicago Public Schools have only provided remote instruction. Ann Hinterman, Director of Grants Management and Community Engagement at Family Matters, said, “Family Matters is deeply grateful to SBB Research Group for their generous support of Family Matters’ transformational youth education and community leadership program.” She goes on to say, “We are excited to partner with SBB Research Group as we continue our work of bringing youth, families, and our community together.” For more information about Family Matters, please visit familymatterschicago.org. To apply for a grant from SBB Research Group, please visit sbbrg.org/apply-for-grant. Any 501(c)(3) non-profit organization is encouraged to apply and grants are awarded to different organizations every month. This story first appeared on ED Times

  • Heartland Animal Shelter Receives SBB Research Group Grant

    Northbrook-based Heartland Animal Shelter is the latest recipient of a $5,000 grant from SBB Research Group, which awards monthly grants to support impactful organizations during the pandemic. Heartland Animal Shelter is a center for the care and adoption of lost, stray, and abandoned animals. Through a comprehensive program of education, community outreach, and collaboration, Heartland promotes responsible pet ownership throughout the Chicago area. Since its founding in 2002, Heartland has saved thousands of cats and dogs and placed them in loving households. The organization advocates neutering and spaying cats and dogs to reduce animal overpopulation and to hopefully eliminate the need for euthanasia. Heartland is a non-profit, no-kill shelter. SBB Research Group supports many organizations through grants, as well as volunteering and other partnerships. Laura Heisinger, SBB Research Group Operations Assistant, has been a longtime volunteer and an active member of the Heartland Young Professionals board: "I am proud to support the passionate and hardworking staff, and I am thrilled this grant will give Heartland the opportunity to help even more incredible animals get the care they need and find loving homes." Matt Aven, SBB Research Group's COO, believes that it is important to remember that animals have been affected by the pandemic too. "Mandatory building closures and other restrictions have created nearly impossible circumstances for animal shelters in the Chicago area," Aven explained. "COVID-19 prevented Heartland from using on-site volunteers and they have completely restructured their programs." Stephanie Muller-Simpson, Heartland's Director of Mission Advancement, said, "We cannot thank SBB Research Group enough for this generous grant award which is going to make it possible for us to not only rescue and find homes for more animals who might not have otherwise had a chance, but to provide increased support to our community and pet owners during these challenging times." Muller-Simpson highlighted a diverse array of critical services they provide: "Whether we are treating puppies with parvovirus, bottle-feeding orphaned kittens or rehabilitating animals who were neglected, our mission at Heartland Animal Shelter is to make sure to give as many cats and dogs as we can the opportunity to survive, thrive and find forever homes. For more information about Heartland Animal Shelter or to adopt a dog or cat, please visit http://www.heartlandanimalshelter.org. To apply for a grant from SBB Research Group, please visit sbbrg.org/apply-for-grant. Any 501(c)(3) non-profit organization is encouraged to apply and grants are awarded to different organizations every month. This story first appeared on Benzinga

  • E-Commerce Statistics (E-STATS) Report

    While many people are familiar with the United States Census, which is taken every 10 years as mandated by the Constitution, there are actually over 100 different surveys conducted by the US Census Bureau each year. In this educational series, SBB Research Group summarizes key information from Census.gov about these lesser-known—but highly important—surveys. What is the E-Commerce Statistics (E-STATS) Report? The E-Commerce Statistics (E-STATS) report is conducted by the United States Census Bureau to measure the value of goods and services sold online. Its goal is to measure the electronic economy in particular and excludes companies with physical storefronts as long as they do not primarily fill e-commerce orders from their stores. These companies are asked to provide separate information for their e-commerce divisions. Agriculture, mining, construction, agents, brokers, and electronic markets that participate in wholesale trade are all excluded as well. E-commerce exports are included in the E-STATS report. Foreign customers and affiliates are also included but are not separable from domestic data. Firms that go out of business are dropped from the survey on an annual basis in the spring of each year. Results of e-commerce provided by these firms are included until the company ceases operations completely. The data for the E-STATS report is compiled from data in four separate surveys: The Annual Retail Trade Survey (ARTS) targets all US firms with paid employees that are primarily engaged in retail trade. The Annual Survey of Manufactures (ASM) provides sample estimates of statistics for all manufacturing establishments with at least one employee. The Annual Wholesale Trade Survey (AWTS) conducted yearly to provide detailed industry measures of sales, inventories, operational expenses, and purchases for wholesale trade activities. The Service Annual Survey (SAS) provides comprehensive data of service activity in the United States. These surveys use different measures of economic activity, such as: Shipments for manufacturing Sales for wholesale and retail trade Revenues for service industries What is the Data Used For? The statistics collected in the E-STATS report are primarily used to provide the business community and policymakers of the United States with relevant economic metrics, which inform business and policy decisions. How E-Commerce Shipments, Sales, and Revenues Are Defined E-commerce shipments are online orders for manufactured products. Payments may or may not be made online, but price and terms of sale must be negotiated over one of the following: Internet Extranet Electronic Data Interchange (EDI) network Electronic mail Other online systems E-commerce sales/revenues require the buyer to place an order online (though payments do not have to be made online) through the following mediums: Internet Mobile device (m-commerce) Extranet Electronic Data Interchange (EDI network) Electronic mail Other online systems As with all US Census reports and surveys, estimates provided by the sample surveys are subject to both sampling and non-sampling error. Source: https://www.census.gov/programs-surveys/e-stats.html

  • Annual Survey of Entrepreneurs (ASE)

    While many people are familiar with the United States Census, which is taken every 10 years as mandated by the Constitution, there are actually over 100 different surveys conducted by the U.S. Census Bureau each year. In this educational series, SBB Research Group summarizes key information from Census.gov about these lesser-known—but highly important—surveys. What is the Annual Survey of Entrepreneurs (ASE)? The Annual Survey of Entrepreneurs (ASE) is a survey conducted annually through a partnership among the Census Bureau, the Ewing Marion Kauffman Foundation, and the Minority Business Development Agency (MBDA). The information collected provides data on specific economic and demographic attributes of businesses and their owners, including gender, ethnicity, race, and veteran status. Responses to the survey are mandatory based upon the authorization from Title 13 of the United States Code. The ASE is an example of a collaboration between public and private organizations; funding from the Kauffman Foundation and the MBDA enable the partnership to create new content, distribute the survey via mailings to a sample population, process the collected data, and produce new products to aid in relaying results to the public. The goal of this collaboration is to provide a more complete picture of business ownership in the United States. How ASE Data is Used The information collected through the ASE is used by leaders in government and industry, researchers, and entrepreneurs. The Small Business Administration and MBDA use information collected to help decide how to allocate program resources to businesses in need. Government agencies – from federal to local – use data collected to help plan, direct, and review programs that enable activities of disadvantaged groups. Researchers can identify long-term economic trends and demographic shifts. Business owners can harness the data to review their operations against their competition to determine growth potential. Survey Eligibility Businesses surveyed include all nonfarm related businesses that file taxes with the Internal Revenue Service as either a sole proprietorship, partnership, or any corporation that holds receipts greater than $1,000. The ASE surveys companies as a whole, rather than each individual establishment. Data collected from businesses and business owners are subsequently combined with data obtained from both the general economic census and administrative records. The survey specifies business ownership as having 51% or more of the equity in the business, and categorizes results into the following: Gender: Male; female; equally male/female Ethnicity: Hispanic; non-Hispanic; equally Hispanic/non-Hispanic Race: White; Black or African American; American Indian or Alaskan Native; Asian; Native Hawaiian or Other Pacific Islander; some other race; minority; nonminority; equally minority/nonminority Veteran Status: veteran; nonveteran; equally veteran/nonveteran Publicly held and other companies that are not classified by gender, ethnicity, race, and veteran status Frequency of Survey The ASE is conducted every year for a reference period of three years, beginning with the reference year 2014. The ASE is a supplement to the Survey of Business Owners (SBO), which is conducted every five years. Prior-year estimates are revised each year. General Topics in the Survey The ASE generates its content by selecting questions from the 2012 Survey of Business Owners and by developing new modules each year with questions regarding current relevant economic topics. Examples of topics covered in the last several years include innovation, research and development, management practices, record-keeping practices, business banking relationships, business advice and planning, and regulations. By gathering this information, the ASE provides valuable insights into the composition of American businesses. Source: https://www.census.gov/programs-surveys/ase.html

  • Mobile Care Chicago Receives SBB Research Group Grant to Address Critical Medical Needs

    Funds will support a Chicago-based fleet of portable health and dental clinics. Mobile Care Chicago has received a $5,000 grant from SBB Research Group, a Chicago-area investment firm that awards monthly grants to support impactful organizations during the pandemic. “We are incredibly grateful for the support of SBB Research Group, which allows us to add three more clinic days to our schedule. Especially during the current crisis, it's an honor to bring medical care to people regardless of their ability to pay.” Mobile Care Chicago brings high-quality care—free of charge—directly to low-income children throughout Chicago. Their fleet of Asthma, Children’s Health, and Dental vans serve over 6,000 children in Chicago and, during the pandemic, they also have been providing COVID-19 testing. A network of 80 local schools assists Mobile Care Chicago, enabling the organization to identify and treat children who lack insurance and who have limited access to regular medical care. Its innovative mobile service model overcomes longstanding barriers between underserved children and quality medical care. Matt Aven, SBB Research Group’s COO, explained that the firm selected Mobile Care Chicago in part because “COVID-19 has dramatically increased the need for mobile healthcare services in our community.” “The pandemic has made it harder, if not impossible, for many people to visit traditional care providers, especially for those who rely on public transportation,” added Aven. “We are proud to support an organization dedicated to the health of Chicago’s children.” Matt Siemer, Executive Director of Mobile Care Chicago, said “We are incredibly grateful for the support of SBB Research Group, which allows us to add three more clinic days to our schedule. Especially during the current crisis, it's an honor to bring medical care to people regardless of their ability to pay.” For more information about Mobile Care Chicago: https://mobilecarechicago.org/ Grants from SBB Research Group can be applied at: https://www.sbbrg.org/apply-for-grant. Any 501(c)(3) non-profit organization is encouraged to apply and grants are awarded to different organizations every month. This story first appeared on Business Wire.

  • SBB Research Group Names Four Additional STEM Scholarship Recipients

    SBB Research Group, a Chicago-based investment management firm, recently awarded Aishwarya Atmakuri with the inaugural SBB Research Group STEM Scholarship, providing $5,000 to support her studies at UCLA in Molecular, Cellular and Developmental Biology. Over 1,600 students had applied for this scholarship, which empowers students to create value for society through their pursuit of higher learning, especially through interdisciplinary combinations of Science, Technology, Engineering and Mathematics (STEM). “We were really impressed with the depth of talent and passion for STEM among so many applicants,” said Matt Aven, the firm’s COO and CCO. “Their stories inspired us to expand our scholarship program.” The company has now awarded four additional $1,000 SBB Research Group STEM Scholarships (listed alphabetically by last name; pictured left to right). David Ajoku is pursuing two master’s degrees at Carnegie Mellon University: Mechanical Engineering and Engineering & Technology Innovation Management. He also holds a BS in Aerospace, Aeronautical and Astronautical Engineering from Western Michigan University. He was the Chief Design Engineer at CTS Corporation, helping to invent and patent novel actuator technologies. David also has led multiple entrepreneurial endeavors, including an AI-based online platform focused on increasing awareness of maternal-fetal health issues. Trisha Dani is a Computer Science major at the University of Michigan, Ann Arbor. In high school, she interned at Boeing’s Avionics Design Center and wrote maintenance programs for their 737, 777, and 787 airliners. She was recognized for optimizing a workflow project with Visual Basic macros to parse 10,000+ line airline order spreadsheets. She has also designed an escape room game for children with glaucoma and hopes to develop solutions for elderly accessibility issues. Angel Shuford is pursuing a BS in Air Traffic Control at Thomas Edison State University where she previously earned an AAS in Aviation Support and Military Technology Leadership. She also serves as an Air Traffic Control Specialist in the US Army. Before enlisting in the military, Angel co-founded Tech From Vets, which won the 2017 Biztech Award. She also authored The Manuscript, a how-to educational guide for soldiers. Stephanie Zhang is double majoring in Computer Science and Biology at Stanford University. Working with researchers at the University of Southern California and Purdue University, she discovered a novel biomarker gene for colorectal cancer. She is also the co-founder of PocketOnco, which uses AI to rapidly diagnose colorectal, breast, and skin cancer from dermoscopic images, and Blossom, an AI-powered app that detects hotspots on proteins. SBB Research Group plans to launch the next round of this scholarship program on National STEM Day (November 8, 2020). To be eligible for an SBB Research Group STEM Scholarship, applicants must be full-time students pursuing a STEM degree, maintain a 3.5 grade point average or higher, and complete a 500-word essay on their STEM experience and how they would use STEM principles to benefit the world. For more information and to learn how to apply, please visit SBBRG's Scholarship website.

  • Consumer Expenditure Survey (CE)

    While many people are familiar with the United States Census, which is taken every 10 years as mandated by the Constitution, there are actually over 100 different surveys conducted by the U.S. Census Bureau each year. In this educational series, SBB Research Group summarizes key information from Census.gov about these lesser-known—but highly important—survey. What is the Consumer Expenditure Surveys (CE) Program? The Consumer Expenditure Surveys (CE) program is a national household survey program conducted by the United States Census Bureau (USCB) for the Bureau of Labor Statistics (BLS). The purpose of these surveys is to find out how Americans spend money. The CE program provides comprehensive information on consumer expenditures and incomes, and the program has two parts — the Quarterly Interview Survey and the Diary Survey. For the Quarterly Interview Survey, each participating household is interviewed once per quarter for a year. This survey captures information about large purchases. The Diary Survey is self-administered and requires each participating household to keep a diary for two one-week periods. This survey captures data about small, frequently purchased items. How CE Data is Used The data collected by the CE program is primarily used to update the inputs for the Consumer Price Index, an important measure of inflation based on prices of typical consumer purchases. Survey Eligibility Households are chosen to participate in the CE program from the Census Bureau’s Master Address File. The selection process is designed to capture a representative sample of the entire country, including rural and urban populations. General Topics in the Survey The Interview Survey and the Diary Survey each focus on slightly different topics. Using computer-assisted personal interviewing techniques, the Interview Survey attempts to ascertain large or recurring expenditures, such as spending on rent, property, and vehicles. Participants in the Diary Survey are asked to record much smaller, frequent purchases, such as spending on food and beverages, tobacco, personal care products, and nonprescription drugs and supplies. Privacy of Information Collected The U.S. Census Bureau must keep all information collected in the CE program strictly confidential (Title 13 of the U.S. Code, Section 9). The information gathered can only be used for statistical purposes and released to the public in a statistical format only. No personally identifiable information (e.g., name, address, and phone number) is released. Sources: www.census.gov/programs-surveys/ce and www.bls.gov/cex/

  • SBB Research Group Names UCLA Sophomore as Recipient of Inaugural STEM Scholarship Program

    Chicago-based investment management firm’s national scholarship program helps students create lasting impact through the study of Science, Technology, Engineering and Mathematics (STEM). SBB Research Group, a Chicago-based investment management firm, has named Aishwarya Atmakuri as the recipient of the company’s inaugural SBB Research Group STEM Scholarship. The $5,000 award empowers students to create value for society through their pursuit of higher learning, especially through interdisciplinary combinations of Science, Technology, Engineering and Mathematics (STEM). “We are thrilled for Aishwarya and could not have imagined a more deserving individual to receive our first scholarship,” said Sam Barnett, Ph.D., SBB Research Group’s founder and CEO. Selected from more than 1,600 applicants, Aishwarya Atmakuri is a sophomore at the University of California, Los Angeles (UCLA), studying Molecular, Cellular and Developmental Biology with a minor in Global Health. Since beginning her studies at UCLA, Aishwarya has continued her involvement in cancer research and strives to help others through the power of medicine and healthcare. This includes working with the Fellowship for International Service and Health, a student-run organization that provides health and educational services to Maclovio Rojas, an underserved community near Tijuana, Mexico. She also works on improving the quality of patient care through quantitative research with The Healthcare Improvement & Innovation in Quality (THINQ) Collaborative at UCLA. Aishwarya plans to utilize technology to increase access to healthcare through advancements in telemedicine and affordable medications. “The level of passion and commitment Aishwarya has already shown toward science, medicine, and her community is truly inspiring,” said Matt Aven, the firm’s COO and CCO. “We hope our STEM Scholarship propels Aishwarya’s efforts to improve the health and lives of others.” Four additional finalist recipients will be named in the coming weeks and each will receive $1,000. To be eligible for the SBB Research Group STEM Scholarship, applicants needed to be full-time students pursuing a degree in STEM, maintain a 3.5 grade point average or higher, and complete a 500-word essay on their STEM experience and how they would use STEM principles to benefit the world. SBB Research Group also plans to launch the next round of its scholarship program on November 8, 2020, which is recognized as National STEM Day. For more information and to learn how to apply for the SBB Research Group STEM Scholarship, please visit https://www.sbbscholarship.com/. This story was featured on ED Times

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