Focused Wealth Management Surpasses $1 Million in Charitable Donations

NEWBURGH, N.Y.--(BUSINESS WIRE)--Focused Wealth Management, an investment management firm serving clients in the individual, corporate, retirement plan, endowment and foundation marketplaces, under the direction of firm owner and Managing Director Philip J. DeAngelo, announced today the firm has exceeded its decade-long goal of donating at least a million dollars to local charities.

Over the past 10 years, Focused Wealth Management, Phil DeAngelo and his wife, Tina DeAngelo, have collectively given a total of $1.1 million to charity.

“Making these donations to incredibly worthy causes has been the honor of a lifetime for me,” said Phil DeAngelo. “Ten years ago, we set a high bar at one million dollars, and we are overjoyed that we have surpassed it. The individuals in these local charitable organizations and the work they are doing to improve their communities is awe-inspiring.”

Among the donations from Focused Wealth Management in the past year are: Cerebral Palsy Associations of New York State; Wraparound Services of the Hudson Valley; Jawonio; Mount Saint Mary College; Crystal Run Village; The Arc – Rockland; Hudson Valley Cerebral Palsy; Liberty ARC; National Kidney Foundation; The Arc Greater Hudson Valley; Achieve; Human Services Council; Andrus; COFCCA; Greystone Programs, and; Special Citizens.

Diana Hess, chief development officer of Jawonio, a provider of lifespan services in New York’s Hudson Valley for people with developmental disabilities and chronic medical needs, said, “For the past 10 years, Phil DeAngelo and his team at Focused Wealth have been an extraordinarily generous partner for Jawonio. Their strong sense of philanthropy and giving back have helped us to provide more opportunities for individuals with disabilities and mental health challenges.”

Phil DeAngelo concluded, “This million-dollar milestone is but a beginning. Now on to another decade and another million dollars of donations!”