MAH Foundation, Inc. is a Florida nonprofit corporation and is organized as a 501(c)(3)
Non-operating Foundation created to support charitable organizations for the local and national advancement of
education, health, science and mercy.
The organization directs all annual income generated by its endowment fund to noteworthy and deserving charitable organizations,
including, but not limited to, those organizations listed on this site.
The foundation was chartered in 2002 by Mr. Allan Hadhazy, a one-time Wall Street analyst and now semi-retired internet venture capitalist.
About Allan Hadhazy: A product of the greater Chicago region, Mr. Hadhazy pursued dual curricula in Economics and Computer Science at the
University of Illinois (Champaign/Urbana) and Chicago. Upon completion of his studies, he took an entry-level Wall Street
position with the Institute for Econometric Research, a quantitative analysis boutique and advisory think tank well-known
at the time for ground-breaking applications of advanced computer science to technical (quantitative) financial analysis.
Mr. Hadhazy advanced
rapidly, and between 1990 and 1995, his work with the Institute was cited frequently in leading financial publications
including The Wall Street Journal, Barron's, Investor's Daily and The New York Times.
Mr. Hadhazy's opinions on the financial headlines of the day were frequently solicited and quoted often in the financial press.
By 1994, a famously successful 10-year track record in mutual-fund analysis and forecasting led to the development
and debut of the Institute's Mutual Funds Magazine, a national consumer financial monthly that within a few short years
became the second-largest circulation monthly consumer finance magazine in America, second only to Time Warner's Money.
The magazine's companion website, MFmag.com, was the first successful large-scale consumer financial service on the internet.
As both Editor and Director of Online Services, Al Hadhazy substantially benefited from and participated in the success of the enterprise,
and the website, magazine, and company itself was sold a few years later to Time Warner for approximately $80 million.
(In 2002, as circulation weakened in the post-internet-bubble bear-market environment,
Time Warner shuttered the property and folded all acquired assets into Money Magazine)
From 1994 through the late 1990s, Mr. Hadhazy parlayed a small portion of his earnings from financial publishing and Wall Street into several early
minority positions in nascent internet ventures including Netscape, Yahoo! and Excite. (Disclosure: As Senior Analyst for the
Institute's New Issues institutional advisory service during the early-to-mid 1990s, Allan E Hadhazy performed in-depth analyses
of the major internet IPOs of the day, issuing formal 'Buy' recommendations for several).
Mr. Hadhazy also took prominent roles in other early first-generation internet ventures. Among these ventures were first-generation "first mover" social-networking and "sharing economy"
platforms such as iFriends. Platforms like Friendster, FriendFinder and 'iFriends'
— a webcam-centered person-to-person videochat community with extensive search and friend-find features — were
the predecessors of today's social-networking platforms FaceBook and Google+, as well as today's "internet sharing economy" platforms, such as Uber, Lyft and AirBnB.
Active in several other internet spheres as well, Allan Hadhazy's involvement extended to HMO/healthcare websites,
back-office outsourced content management and screening, affiliate marketing programs, online dating platforms, and more. During his career, Hadhazy
also collaborated with numerous marquee internet companies on a wide array of
joint-venture initiatives and business relationships, including Yahoo!, MSN, America Online, Google, Netscape, Excite and many others.
No longer directly involved in the active management of internet ventures, Allan Hadhazy today enjoys numerous interests,
including family, friends, travel, sports and outdoor activities. He devotes a substantial portion of his time serving in the role
role of principal trustee of the MAH Foundation, the philanthropic private foundation he founded and through which he and his family support
dozens of different charitable causes.