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Charles Lafitte Foundation Pledges $1 Million to the American Cancer Society's Hope Lodge
Date:2/19/2008

BRIELLE, N.J., Feb. 19 /PRNewswire-USNewswire/ -- The Charles Lafitte Foundation (http://www.charleslafitte.org), a philanthropic organization committed to providing support for education, children's advocacy, medical research and issues and the arts, today announced that it has pledged $1 million to the American Cancer Society's Manhattan Hope Lodge, which will provide free, temporary housing for cancer patients who are undergoing treatment at facilities in New York.

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

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

"Both Suzanne and I were immediately attracted to the American Cancer Society's Hope Lodge because not only do the facilities fulfill an immediate need for lodging and minimal travel, but they also provide cancer patients with necessary emotional support enabling them to become part of a community with others who face similar circumstances," said Jeffrey Citron, Co-Founder of The Charles Lafitte Foundation. "The American Cancer Society has had a tremendous impact on patients and their families and The Charles Lafitte Foundation is extremely proud to help the organization continue to provide care 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 Charles Lafitte Foundation (http://www.charleslafitte.org) is to provide for and support inventive and effective ways of helping people help themselves and others around them to lead healthy, satisfying and enriched lives. To fulfill this mission, the Foundation acts as a grantmaker, innovator and volunteer for four main programs: Education, Children's Advocacy, Medical Research and Issues, and the Arts and has given over $3.25 million in grants to not-for-profit organizations throughout the United States. Jeffrey Citron is known as both a pioneer and visionary in the financial and telecommunications industries. He is currently the acting CEO and Chief Strategist of Vonage, a leading provider of SIP-based, VoIP communications services, and previously founded and served as CEO of Datek Online Holdings, formerly the fourth largest online brokerage company, and Island ECN, formerly the second largest global financial exchange.


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SOURCE Charles Lafitte Foundation
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