Highgate Establishes $500,000 Relief Fund For Associates Affected By COVID-19
Fund Reflects Highgate's Culture of Rallying to Support Communities in Need
NEW YORK, May 27, 2020 /PRNewswire/ -- Highgate, a leading real estate investment and hospitality management company, today announced the launch of The Highgate Charitable Foundation Associate Relief Fund with an initial $500,000 contribution from the firm. The fund will provide financial support to current and furloughed Highgate associates across the U.S. who have been affected by the COVID-19 pandemic as well as future disasters.
The Highgate Charitable Foundation Associate Relief Fund will be managed by the Highgate Charitable Foundation, Highgate's existing 501(c)(3) nonprofit organization which fundraises on behalf of a diverse array of public charities and philanthropic initiatives dedicated to the betterment of our local and global communities. Grants from the fund, which will be distributed based on an assessment of need, can be used to support the immediate and critical concerns facing Highgate associates.
The Highgate Charitable Foundation was formed in 2018 to serve as a philanthropic vehicle for Highgate associates, guests, suppliers and business partners to make contributions to efforts in promoting global good. The Foundation supports philanthropic organizations and communities worldwide that address issues related to poverty, education and healthcare. The Foundation has actively supported Save The Children and the Aga Khan Foundation. To date, the Foundation has helped nearly 2 million children in the U.S. and around the world find access to health care, opportunities for education and protection from harm and tragedy.
Beyond the initial contribution, The Highgate Charitable Foundation Associate Relief Fund has received donations from other Highgate employees as well as hotel ownership groups, suppliers, business partners and hotel guests.
For more information on The Highgate Charitable Foundation Associate Relief Fund or to make a donation, please visit https://www.highgateintouch.com/relief.
The launch of The Highgate Charitable Foundation Associate Relief Fund advances Highgate's broader COVID-19 support initiatives, which include making approximately 4,000 hotel rooms across New York, San Francisco and Los Angeles available to medical personnel and patients at highly discounted rates.
ABOUT HIGHGATE
Highgate is a leading real estate investment and hospitality management company widely recognized as an innovator in the industry. Highgate is the dominant player in U.S. gateway markets including New York, Boston, Miami, San Francisco and Honolulu. Highgate also has an expanding presence in key European markets through properties in London and Barcelona. The company provides expert guidance through all stages of the hospitality property cycle, from planning and development through recapitalization or disposition. Highgate also has a proven record of developing bespoke hotel brands and utilizes industry leading proprietary revenue management tools that identify and predict evolving market dynamics to drive outperformance and maximize asset value. With an executive team consisting of some of the industry's most experienced hotel management leaders, the company is a trusted partner for top ownership groups and major hotel brands. Highgate maintains corporate offices in New York, London, Dallas, and Seattle.
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SOURCE Highgate
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