Despite the challenging philanthropic climate, the Point Foundation, which grants merit scholarships to LGBT students, announced that its annual gala held Monday in New York City broke all previous fund-raising records. The nonprofit garnered more than $600,000 in corporate sponsorships, ticket sales, and live auction proceeds.
“At a time when giving is still difficult for so many, we’re thrilled that there are numerous individuals and companies that share in our belief that educational support today is vital to the future of our society,” said Point Foundation executive director and CEO Jorge Valencia in a news release. “The evening’s honorees, celebrity co-hosts and participants are a vote of confidence in our mission to provide financial support, mentoring, leadership training and hope to meritorious LGBT students.”
Awardees included 30 Rock star and Tony award-winner Jane Krakowski, who received the Point Courage Award; LGBT activist David Mixner, recipient of the Point Legend Award; and Citi, which received the Point Inspiration Award.
Kelly Ripa and Bravo executive and host Andy Cohen hosted the evening. Click here to watch Mixner's acceptance speech from Monday night's ceremony.