Non-Profit Brings Clean and Safe Drinking Water to People in Developing Communities
BOCA RATON, FL – March 11, 2020 – Sun Capital Partners Foundation, Inc. (or “the Foundation”) today announced that it has made a $100,000 donation to charity: water, a non-profit organization whose mission is to build sustainable, community-owned water projects around the world. This marks the Foundation’s first major donation of 2020, the year Sun Capital Partners celebrates its 25th Anniversary.
“Recognizing the serious challenges that water insecurity imposes upon communities around the world, the Sun Capital Partners Foundation is proud to build on our past support of charity: water, a recognized leader in bringing clean water and sanitation to developing communities,” said Marc J. Leder, Co-CEO of Sun Capital Partners and President of The Foundation. “The Foundation is focused on supporting innovative and impactful organizations that drive positive change, and we look forward to seeing the great things charity: water will accomplish with our support.”
According to the World Health Organization, every $1 invested in clean water and sanitation efforts puts at least $4 back into a local economy, in part because people end up healthier and have more time to contribute to their communities. charity: water has funded 51,400 water projects, such as drilled wells, rainwater catchments, and water purification systems, serving more than 11 million people across 28 countries to date.
“We are grateful to the Sun Capital Partners Foundation for their continued support and this generous donation, 100% of which will fund clean water projects in Ethiopia,” said Scott Harrison, CEO and Founder of charity: water. “Access to clean and safe drinking water changes everything, and this gift will make a transformative impact on the lives of thousands of people in need.” Sun Capital Partners Foundation’s prior donations to charity: water have helped fund three projects in Northern Ethiopia, bringing clean water to approximately 775 people.
Leder and Rodger Krouse, founders of Sun Capital Partners, started the Sun Capital Partners Foundation with the belief that success brings with it a responsibility to make a difference in local communities. By supporting innovative non-profit organizations, The Foundation aims to fulfill its mission of promoting sustainable and positive change.
The Sun Capital Partners Foundation has donated over $13 million to more than 700 local, national and international organizations. Past recipients include the American Heart Association, American Red Cross, Autism Speaks Inc., Boca Helping Hands, Inc., Faith Hope Love & Charity, Inc., Foundation for AIDS research, and Gabrielle’s Angel Foundation for Cancer Research and Samuel Waxman Cancer Research Foundation.
About Sun Capital Partners Foundation and Sun Capital Partners, Inc.
Sun Capital Partners Foundation, Inc. was established in 2007 to unite the Sun Capital family in a purposeful philanthropic effort. In 2020, Sun Capital Partners, Inc. celebrates 25 years of investing, identifying companies’ untapped potential and leveraging its deep operational and financial resources to transform results. Since 1995, Sun Capital has invested in more than 375 companies worldwide with revenues in excess of $50 billion across a broad range of industries and transaction structures. Over that quarter century, the Firm has built a reputation as a trusted partner recognized for its investment and operational experience, including particular expertise in Business and Consumer Services, Healthcare, Industrial and Consumer sectors. Sun Capital has offices in Boca Raton, Los Angeles and New York, and an affiliate with offices in London.
About charity: water
charity: water is a nonprofit organization bringing clean and safe drinking water to people in need around the world. With a radically transparent model that sends 100% of public donations straight to the field, charity: water funds sustainable, community-owned water projects and works with experienced local partners to implement them. The organization proves every project, using innovative technology and powerful storytelling to connect donors with their impact. Since 2006, charity: water has funded more than 51,000 water projects in 28 countries to bring more than 11 million people access to clean water, hygiene and improved sanitation.
For more information, please contact:
Emily Meringolo
Stanton
646-502-3559
emeringolo@StantonPRM.com
