Published On: Sat, Jul 20th, 2013

Sumner M. Redstone gives grant of $120, 000 to RainCatcher

Premiere Of Paramount Pictures' "Star Trek Into Darkness" - Arrivals

Sumner M. Redstone/ Getty

/By Niva Goldberg /

Developing world water charity ,  RainCatcher today announced that it has received a grant of $120, 000 from the Sumner M. Redstone Charitable Foundation for its “Let It Rain” . This most recent gift raises Mr. Redstone’s total support for RainCatcher to $175, 000.

Mr. Redstone said, “RainCatcher is rejuvenating communities in the developing world by providing safe and clean water via durable and affordable tools. The organization’s approach of setting goals and measuring progress aligns with the Sumner M. Redstone Charitable Foundation’s mission of helping those who need it most with sustainable solutions. Clean water helps cure so many different illnesses and improve lives, and I am proud to support RainCatcher in its invaluable work.”

Since 2009, RainCatcher has provided access to clean drinking water to more than 700, 000 people in Africa, India and Haiti. To date, the organization has equipped 84 schools and churches with rainwater-harvesting systems throughout Africa and donated more than 13, 000 clean water filters. RainCatcher’s goal is to provide a total of over 1 million people with clean drinking water in 2014.

Mark Armfield, the Founder and Chairman of RainCatcher said, “I am so grateful for Mr. Redstone’s commitment to RainCatcher in support of clean drinking water for the impoverished regions in the world. His compassion, generosity and open heart have opened a huge door to humanity and for those who go without. It’s an honor and a privilege for RainCatcher to have this opportunity to facilitate the fundraiser with Mr. Redstone. ‘Water is Life’ — and many more people in our world are alive because of it.”

Over the last several years, Sumner Redstone has contributed more than $150 million to worthy charities around the world. Recent gifts have funded new state-of-the-art facilities at the USC School of Cinematic Arts and Boston University School of Law, supported the Global Poverty Project towards eradicating polio and established the Cambodian Children’s Fund child rescue center, along with research and patient care advancements in cancer, burn recovery and mental health at several major non-profit healthcare organizations.

The Foundation will continue to seek out and support organizations in the United States and abroad that share Mr. Redstone’s vision for a better world.

 

Sumner Murray Redstone used National Amusements, a family-owned chain of movie theaters, to launch a media empire. Through often-combative acquisitions, the Redstone family gained controlling ownership of CBS, Viacom, MTV Networks, and BET, as well as movie production and distributors Paramount Pictures and DreamWorks, and are equal partners in MovieTickets.com
According to Forbes as of March 2013 he is worth US $4.7 billion.
 
Summer’s father, Michael Rothstein ( translation”Red stone”) owned among his business interests the Northeast Theater Corporation in Dedham, Massachusetts, the forerunner of National Amusements—and the Boston branch of the Latin Quarter Nightclub.[4]
 
Summer received his LL.B., and Juris Doctor, from Harvard Law School . as a great beleaver of content he invested in Columbia Pictures, Twentieth Century Fox, Orion Pictures, and Paramount Pictures (Redstone’s Viacom would buy Paramount in the 1990s). all of which turned over huge profits when he chose to sell their stock in the early 1980s.
 
In 1979, he suffered severe burns in a fire at the Copley Plaza hotel, in Boston, but survived after thirty hours extensive surgery at Massachusetts General Hospital. Though he was warned that he might never be able to live a normal life, eight years later he was fit enough to insist on playing tennis nearly every day and to launch a hostile takeover of Viacom. (Wikipedia)

 

Read more about: , , , , , , , , , , , , , , , ,

Wordpress site Developed by Fixing WordPress Problems