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Point Foundation Honors the Estée Lauder Companies Inc FOR IMMEDIATE RELEASE www.pointfoundation.org POINT FOUNDATION HONORS THE ESTÉE LAUDER COMPANIES INC. FOR SUPPORT OF THE LGBTQ COMMUNITY Point Inspiration Award presentation on April 15 at Point Honors New York Gala Peter Lichtenthal, President of Bumble and bumble and Smashbox, to Receive Award on Behalf of The Estée Lauder Companies Inc. New York, February 26, 2013 ‐ Point Foundation (Point), the nation’s largest scholarship-granting organization for lesbian, gay, bisexual, transgender and queer (LGBTQ) students of merit will honor The Estée Lauder Companies Inc. at this year’s Point Honors New York gala, Monday, April 15. The Estée Lauder Companies will be accorded the Point Inspiration Award for championing respect and inclusion of the LGBTQ community, and operating with the vision that investing in today’s potential will produce a brighter tomorrow. Since 2009, The Estée Lauder Companies Inc. and several of the Company’s brands have forged a strong partnership with Point Foundation in New York City and across the country. Executives and employees of The Estée Lauder Companies have supported Point in numerous ways, including, serving as Point Scholar mentors, hosting professional development sessions at Point leadership conferences, volunteering their time as event chairs and committee members, along with hosting receptions benefiting the Foundation’s efforts countrywide. “I’m deeply honored to accept the Point Inspiration Award on behalf of The Estée Lauder Companies,” said Peter Lichtenthal, President, Bumble and bumble and Smashbox. “As a company, The Estée Lauder Companies has long fostered a culture of inclusion and diversity. We have supported many LGBTQ causes over the years, and our belief in Point Foundation, and the transformative help it provides to deserving scholars, is an important example of this commitment. Point provides LGBTQ scholars not only with funding but with crucial mentoring services that work to ensure the scholar’s success. Personally, I have found working with Point Foundation highly rewarding, first as co-chair of some of Point’s 2012 events and recently as mentor to a Point Scholar.” “We are honored to recognize and celebrate The Estée Lauder Companies for their commitment to not only the LGBTQ community, but Point Foundation in particular,” said Jorge Valencia, Executive Director and Chief Executive Officer of Point Foundation. “Forbes Magazine ranks The Estée Lauder Companies as one of the most innovative companies in the world, and this is clearly demonstrated by the integral role The Estée Lauder Companies has played in helping Point champion equal access to higher education for LGBTQ students.” (cont.) Point Foundation & Estée Lauder Companies Inc., p.2 Point Foundation awarded its first eight scholarships in 2002 and has since invested more than $15 million in the programmatic support of its scholars; including 76 current Point Scholars. In addition to financial support, each scholar is paired with a mentor, completes an annual community service project, and participates in leadership development training with fellow Point Scholars. Point Honors on April 15 will commence at 6:30 p.m. with cocktails, dinner, celebrity appearances and speeches from Point Scholars and Alumni. Tickets begin at $500. To learn more about Point Honors visit www.pointfoundation.org/NYHonors. About The Estée Lauder Companies Inc.: The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, American Beauty, Flirt!, GoodSkin Labs, Grassroots Research Labs, Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna, AERIN Beauty and Osiao. www.elcompanies.com About Point Foundation: Point Foundation empowers promising LGBTQ students to achieve their full academic and leadership potential – despite the obstacles often put before them – to make a significant impact on society. Point promotes change through education, mentorship, leadership development and community service training, and provides its scholars with the financial ability to attend the nation's foremost higher educational institutions. www.pointfoundation.org| facebook/pointfoundation | twitter/pointfoundation Media Contacts: Eugene Patron Bari Seiden Point Foundation The Estée Lauder Companies (212) 512-7807 (212) 572-4475 [email protected] [email protected] Digital images available upon request # # # .
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