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December 20, 2006
Feinstein offers 100K match challenge for charity
Alan Shawn Feinstein was moved after reading a story in today's Journal about declining holiday donations across the state this year.
He decided to help.
The Cranston philanthropist today announced a "$100,000 challenge grant" to all Rhode Islanders. Feinstein will match any and all donations up to $100,000 made out to the Salvation Army, Rhode Island Food Bank, or Crossroads Rhode Island in the next 11 days.
The checks must be sent to him and postmarked before Jan. 1. And the matching challenge only applies to new donations, he said. Funds should be sent to Feinstein at 37 Alhamba Circle, Cranston 02905.
Relief agencies in Rhode Island report being tens of thousands of dollars below where they typically are during the holiday season. Some blame the lack of charity on unseasonably warm weather.
“It’s so mild; people are not in the Christmas spirit,” Maj. Robert Pfeiffer, state coordinator for the Salvation Army, said recently.
Feinstein, who made his fortune writing investment newsletters and selling mail-order collectibles, such as coins, stamps and baseball cards, underwrites a number of philanthropic efforts.
In addition to giving money to schools to support their community service projects and giving millions to local colleges for scholarships, he estimates he has donated about $50 million to anti-hunger initiatives over the last 25 years.
Several schools and programs at local colleges bear his name, as do theaters, such as the Feinstein IMAX Theater at the Providence Place mall.
-- projo.com staff writer Steve Peoples
Posted by Steve Peoples
at 1:28 PM | Permalink
Chris Streeter | January 4, 2007 4:05 PM link
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Just would like to receive newsletter updates via email about your efforts etc. I used to get your newsletters years ago. Keep up the Great Philanthropic work and God Bless.