Redstone Foundation donates to fight poverty and polio


The Global Poverty Project announced that the Sumner M. Redstone Foundation has donated $1.5 million to further its mission of eradicating extreme poverty. Redstone, of course, is the Executive Chairman of Viacom Inc. and CBS Corporation and principal shareholder of both companies.

The Redstone Foundation contribution will support the Global Poverty Project’s “End of Polio Campaign,” dedicated to building global support for polio eradication. The Foundation gift will also support the Global Poverty Project’s Endowment Fund, furthering the Global Poverty Project’s long-term vision of eradicating extreme poverty through campaigns for global health, fair trade and good governance.

“I am proud to support the work of the Global Poverty Project and its campaign to finally put an end to polio. The progress that has already been made in fighting this debilitating disease is evidence of what can be achieved through global collaboration. By joining forces and focusing our resources, we can finally end polio and find a path to the eradication of extreme poverty.  I hope others will heed the call and join me in this vitally important mission,” said a statement from Redstone.