Two Major Philanthropic Foundations Team Up for Human RightsNov 15
In an excellent example of collaborative philanthropy, the Daniel S. Loeb Family Third Point Foundation and the Paul E. Singer Foundation are teaming up to award the Human Rights Campaign grants to support LGBT rights abroad. Earlier this month, the Human Rights Campaign (HRC) announced how these two influential foundations were pledging to award grants to the organization over three years. This generosity is meant to support HRC’s advancement in advancing LGBT equality overseas.
According to a press release from HRC, “Lesbian, gay, bisexual, and transgender communities around the world face stigmatization, harassment, violence and blatant human rights violations. To combat these horrific acts and to advance the cause of LGBT justice internationally, the Paul E. Singer Foundation is teaming up with the Daniel S. Loeb Family Foundation,” to provide funding for the education and research branch of the HRC. The HRC is the largest LGBT civil rights organization in the United States, and has been monumentally influential in the fight for LGBT rights in the U.S.
Now, the HRC is expanding its efforts to increase a more global reach, which wouldn’t be possible without the generosity of major philanthropic foundations. “I am proud to support HRC’s new initiative to protect LGBT rights globally,” remarked hedge fund manager and philanthropist Dan Loeb. Paul Singer concurs, explaining how “Every day around the world, LGBT individuals face arrest, imprisonment, torture and even execution just for being who they are…As an organization that has been at the forefront of the equality movement for over three decades, the Human Rights Campaign is uniquely positioned to work in tandem with NGOs to empower LGBT and human rights advocates abroad to help stop these abuses,” of his reasons for supporting such an important human rights initiative.
No strangers to philanthropic work, Dan Loeb and Paul Singer are aware of the great impact their grants will have in advancing global LGBT rights. Reportedly, each of them have been long-time advocates for human rights, which makes their collaboration and donation to the HRC all the more powerful.