The R. Baby Foundation, founded by Marathon Asset
Management's chief operating officer Andrew Rabinowitz and his
wife Phyllis, will be hosting its second run/walk to raise
money for pediatric emergency care for infants.
Participants can either choose a four-mile race or a 1.3 mile
walk. The Second Annual Mother's Day Run/Walk will be held in
partnership with New York Road Runners on Sunday, May 9 in
Central Park. "Our wish is simple: To save as many infants'
lives as possible," said Andrew Rabinowitz. In 2009, the
foundation raised more than $750,000 with the help of more than
9,000 participants. (You can click here to register for this year's
Andrew and Phyllis founded the foundation after their daughter,
Rebecca Ava Rabinowitz, died of a viral infection at nine days
old after being misdiagnosed in a hospital emergency room. The
couple discovered later that emergency medical care for infants
is often substandard, since the malpractice liabilities
associated with infants are typically a fraction of those
applied to adults, which results in hospitals shortchanging
infant treatment. The United States ranked 46th in a 2009 UNICEF survey
of child mortality, behind such nations as Cuba and Lithuania,
with eight deaths per thousand children five years old or
"R Baby Foundation® is the first and only not-for-profit
foundation uniquely focused on saving babies' lives through
improving pediatric emergency care," according to the
organization's website. "Many doctors not specifically trained
in pediatrics are welcoming our training grants since they know
infant diagnosis and treatment is different than adult
The organization uses its fundraising to fund "grant programs
that will dramatically improve the quality of care infants are
given in emergency situations, the emergency room, and on the
way to the ER," according to the web site.
Members of the foundation's board of trustees include Marathon
founder Bruce Richards and his wife Avis; Phyllis' father Henry
Belsky; and Rabinowitz's former boss and mentor Joel Press, who
built the hedge fund practice at Ernst & Young. The
foundation's honorary board includes television host Kelly Ripa
and Morgan Stanley chairman John Mack.
Since forming the foundation in 2007, R. Baby
has raised $3.5 million.