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Sub City Non-Profit Organization and Pepperdine University announce 2009/2010 S.T.A.K.E. Scholarship Recipient

Bands — By HopelessMelissa on May 20, 2009

“The significant problems we have cannot be solved at the same level of thinking with which we created them.” – Albert Einstein

Hopeless Records and Sub City step outside the box of their day to day activities of being a business in the entertainment industry to see the larger community they serve and realizing the impact they have on their fans’ lives through music. In that spirit Sub City has hooked up with the S.T.A.K.E. (Sharing, Training, Assistance, Knowledge, and Education) Club, a dinner group of professionals who have created an outreach program, The S.T.A.K.E. Scholarship for Social Entrepreneurship. The program combines mentorship from The S.T.A.K.E. Club members and financial assistance in the social entrepreneurship programs at the undergraduate and graduate levels through Pepperdine University. The $10,000 scholarship is awarded to young individuals who have the talent but not the means in bringing their world-changing ideas into reality.

“I feel so grateful to have the opportunity to share life with the amazing human beings that make up the stake club. It’s awesome to share the passion of taking our experiences and resources to help make a better world and we couldn’t think of a more effective way to do so then to support a young person like Benjamin. It’s exciting to help plant seeds of positive possibilities.” Says Louis Posen president of Hopeless Records and Executive Director of Sub City

2009/2010 S.T.A.K.E Scholarship recipient, Benjamin Anderson, is an Oregon native who has lived in the Southern California area for the past 10 years.  After receiving a degree at University of California Los Angeles, he worked in early stage development in entertainment, fashion and social responsibility. Currently Benjamin is attending Pepperdine University, where he is a fellow at the Palmer Center of Business and Entrepreneurship in the Law. In 2010 he will receive his Juris Doctorate and Masters in Business Administration.

“I believe the key to my personal success is my ability to find satisfaction in my daily achievements and never fixating on the end goal, while never losing sight of it.” Says Benjamin Anderson

About The S.T.A.K.E. Scholarship: Started as a dinner group made up of Louis Posen, executive director Sub City/President Hopeless Records; Bob Kaufman, VP Business Development Coffee Bean & Tea Leaf; Mitchell Wolk, President ADA Distribution; Matthew Jacobson, President Relapse Records; Eric German, Partner Mitchell Silberberg & Knupp LLP; Andres Alvarez, Director Business Development, Napster; and Andrew Carter, Counsel Music Affairs Group Sony Pictures Entertainment; with a mission to share ideas, enjoy each other’s company and to combine their resources and talents to make a difference in the world. The dinner group, inspired by Benjamin Franklin’s Junto club, which spawned the first American library, hospital, fire-fighting service, and street-cleaning service, began meeting in 2007. The group dubbed itself the S.T.A.K.E. club, for its history of meeting at steak houses, created an outreach program, The S.T.A.K.E. (Sharing, Training, Assistance, Knowledge, and Education) Scholarship for Social Entrepreneurship for young individuals who have the talent but not the means in bringing their world-changing ideas into reality. The program combines mentorship from the Stake Club members and financial assistance in the social entrepreneurship programs at the undergraduate and graduate levels through Pepperdine University.

About Hopeless Records and Sub City: Founded in 1993, Hopeless Records is a Southern California independent record label who has released over 150 albums including launching the careers of Avenged Sevenfold, Thrice, and many others and is the current home to breakout artists All Time Low, There For Tomorrow, Anarbor, and The Human Abstract amongst many others.  In 1999 Hopeless Records formally started supporting non-profit organizations under the Sub City name with charitable albums, tours, and events. Now itself a registered 501c3 non profit organization, Sub City continues the mission of combining music and charity by raising funds and awareness for worthy causes. To date, Sub City has raised over 1.8 million dollars for over 50 non-profit organizations and has been recognized by the 110th US Congress and the Los Angeles City Council, among others for its contributions to its community.

About Pepperdine University: Pepperdine University, as an academic institution committed to excellence in teaching and learning, develops the intellectual, personal, and spiritual growth of each student. The University is recognized nationally for maintaining the highest standards of excellence in undergraduate and graduate education. Each of Pepperdine’s five schools offer rigorous programs which provide each individual with a broad foundation of self, scholarly, and spiritual knowledge. In connection with the S.T.A.K.E. scholarship, Pepperdine MBA students at the Graziadio School of Business and Management receive a wealth of knowledge and experience in innovative, cross-industry approaches which produce business leaders who are ethical, entrepreneurial, and globally aware, and who work for collective good.

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