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Charles Lafitte Foundation Pledges $1 Million to the American Cancer Society's Hope Lodge

Wednesday, February 20, 2008 General News J E 4
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BRIELLE, N.J., Feb. 19 The Charles LafitteFoundation (www.charleslafitte.org), a philanthropic organization committed toproviding support for education, children's advocacy, medical research andissues and the arts, today announced that it has pledged $1 million to theAmerican Cancer Society's Manhattan Hope Lodge, which will provide free,temporary housing for cancer patients who are undergoing treatment atfacilities in New York.

"The Hope Lodge facilities play a vital role in helping cancer patientsand their caregivers deal with the emotional and financial burdens that areassociated with a cancer diagnosis," said Suzanne Citron, Co-Founder of TheCharles Lafitte Foundation. "Our foundation exists to help better the lives ofothers and we are confident that our gift will enable the American CancerSociety to continue to provide housing and services to more patients and theirfamilies who must frequently travel distances for necessary cancertreatments."

The American Cancer Society has created nearly thirty Hope Lodgefacilities across the United States, offering patients much more than a placeto stay while undergoing cancer treatments. The Manhattan Hope Lodge, locatedat West 32nd Street, is currently receiving guests and will offer the warmthand security of home as well as educational services for patients andcaregivers and a 24-hour toll-free call center and web site with comprehensiveon-site libraries, providing families with the information to help them makeinformed medical decisions. The facility will also serve as a communitycenter for patient support groups and cancer initiatives. The Charles LafitteFoundation's donation will be provided in five yearly installments of $200,000per year.

"Both Suzanne and I were immediately attracted to the American CancerSociety's Hope Lodge because not only do the facilities fulfill an immediateneed for lodging and minimal travel, but they also provide cancer patientswith necessary emotional support enabling them to become part of a communitywith others who face similar circumstances," said Jeffrey Citron, Co-Founderof The Charles Lafitte Foundation. "The American Cancer Society has had atremendous impact on patients and their families and The Charles LafitteFoundation is extremely proud to help the organization continue to providecare and a home away from home, free of charge."

About Charles Lafitte Foundation:

Founded in 1999 by Suzanne and Jeffrey Citron, the mission of the CharlesLafitte Foundation (www.charleslafitte.org) is to provide for and supportinventive and effective ways of helping people help themselves and othersaround them to lead healthy, satisfying and enriched lives. To fulfill thismission, the Foundation acts as a grantmaker, innovator and volunteer for fourmain programs: Education, Children's Advocacy, Medical Research and Issues,and the Arts and has given over $3.25 million in grants to not-for-profitorganizations throughout the United States. Jeffrey Citron is known as both apioneer and visionary in the financial and telecommunications industries. Heis currently the acting CEO and Chief Strategist of Vonage, a leading providerof SIP-based, VoIP communications services, and previously founded and servedas CEO of Datek Online Holdings, formerly the fourth largest online brokeragecompany, and Island ECN, formerly the second largest global financialexchange.

SOURCE Charles Lafitte Foundation
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