Tiffany & Co. Foundation Supports Restoration of Historic Mexican Park
New York, NY / Mar. 2, 2015 – The Resource Foundation (TRF) is pleased to announce a $1 million grant from The Tiffany & Co. Foundation in support of the rehabilitation of Mexico City’s Chapultepec Forest Park. The project is expected to benefit over 4.5 million park visitors annually through strategic actions geared toward preserving and enhancing the park, celebrating Mexico’s rich culture and history, and improving access to the park’s natural wealth.
The Tiffany & Co. Foundation’s contribution will enable TRF local partner Fideicomiso Probosque de Chapultepec (Chapultepec Forest Trust) to continue its ongoing work since 2004 to restore the city’s urban park. Stretching 686 hectares, Chapultepec Forest Park is the largest and oldest park in the Americas, and it boasts invaluable cultural, monumental, architectural and environmental heritage. The Tiffany & Co. Foundation grant supports the restoration of two integral components of the park’s second section: the Xochipilli Fountain, a city landmark and symbol of Mexico’s pre-Columbian heritage, and the Composer’s Passage, the section’s main pedestrian thoroughfare.
The project aligns with the The Tiffany & Co. Foundation’s philanthropic goal of supporting efforts to safeguard and enhance natural resources, including urban parks. By bringing new life to the Xochipilli Fountain and the Composer’s Passage, the grant is helping bring social, environmental and health benefits to park visitors and to Mexico City as a whole.
“The Tiffany & Co. Foundation is pleased to work with TRF on our first Urban Parks grant in Latin America and we are honored to play a role in preserving such an important cultural and historic treasure as Chapultepec Forest Park,” said Anisa Kamadoli Costa, The Tiffany & Co. Foundation’s Chairman & President. “We are enthusiastic that our grant will reinforce TRF’s great efforts to protect this wonderful sanctuary so that it can be cherished and enjoyed for generations to come.”
This second phase of the park restoration plan follows Fideicomiso’s successful rehabilitation of the first section, concluded in 2008. The progress to date has formed part of a broader movement within Mexico City to restore green spaces, compelling other monument rehabilitation and space reutilization initiatives that had not previously been considered. The plan for the park’s second section encompasses a variety of projects to protect Chapultepec Forest’s environmental sustainability, functionality, beauty and history. Importantly, it includes plans to improve water management within the park as well as a civic education strategy.
“This exciting new initiative embodies TRF’s mission to enhance the quality of life of people in Latin America and the Caribbean,” said TRF Executive Director Marcela Lopez-Macedonio. “We’re confident that it will engender significant impacts in environmental sustainability, cultural preservation and social inclusion, which are key aspects of sustainable development in the region. We are pleased to work with The Tiffany & Co. Foundation to advance this work given their strong track record of supporting enhancements and beautification of major urban parks worldwide.”
TRF has over 27 years’ experience empowering U.S. donors to advance their philanthropic goals in Latin America and the Caribbean by providing tailored investment and advisory services to support programs in environmental conservation and many other areas, such as education, healthcare, financial inclusion, disaster relief and women’s empowerment.
About The Resource Foundation
The Resource Foundation (TRF) is a U.S. nonprofit organization that facilitates charitable giving from corporate, foundation and individual donors to the Americas and the Caribbean. Since 1987, TRF has been helping donors optimize the impact of their philanthropy through specialized, tailored services. By forming partnerships with carefully vetted nonprofit organizations in 29 countries, TRF empowers disadvantaged communities to gain the skills, knowledge and opportunities they need to improve their lives. TRF has received Charity Navigator’s highest rating, of four stars, for sound fiscal management and transparency six times since 2008. It is also a founding member of the Alliance for International Giving.
About The Tiffany & Co. Foundation
Established in 2000, The Tiffany & Co. Foundation provides grants in environmental conservation, working to preserve the world’s most treasured landscapes and seascapes. The Foundation’s programs promote responsible mining, healthy marine ecosystems and the enhancement of urban environments through strategic design improvements in new and existing parks. For more information on The Tiffany & Co. Foundation, please visit www.tiffanyandcofoundation.org.
The Resource Foundation
The Tiffany & Co. Foundation
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