Tuesday, December 2, 2014

Executives Sleep on Streets for Big Money

The Covenant House shelters 1,900 young people in 27 cities across North America every night, while providing other services.

To help support the nonprofit's mission,”With the noise of the Hollywood Freeway in the not-so-distant background, studio executives, lawyers, a luxury-jeans titan, and this reporter curled up on flattened cardboard boxes for a night spent sleeping—or not—on cold asphalt. Each had forked over at least $5,000 for the privilege,” writes Megan O'Neil for Philanthropy Today.

The report continues, “It might have been the most unlikely sleepover in Los Angeles. Not only did the gathering take place in an open-air parking lot, but any of the three dozen attendees could have afforded a room at the nearby Roosevelt Hotel...Crazy or not, the event, known formally as the Covenant House Sleep-Out: Executive Edition, raised nearly $200,000 for Covenant House’s Los Angeles site. It was one of 15 sleep-outs that took place overnight Thursday in cities across the United States and Canada.”

“Over 950 leaders from the business, entertainment, and sports industries slept on the streets to raise funds and awareness for our homeless kids at Covenant House shelters.  The result was over $5 million raised to bring food, shelter, home, and hope to homeless youth across the U.S., Canada, and Latin America,” reports the Covenant House.

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