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Colombian singer Shakira announced Thursday that Mexican billionaire Carlos Slim and American Howard Buffett will donate US$200 million to a foundation that helps poor children in Latin America. Slim, Mexico's richest man, will donate US$110 million and his business expertise. Buffett, son of investment guru Warren Buffett, will give US$85 million. The other US$5 million will be donated by people throughout Latin America.

Quoted in Dominican Today, Shakira observed, "Imagine what Latin America could achieve if we invest in developing the potential of these children."

The Latin America in Solidarity Action — whose Spanish acronym is ALAS, or "wings" — was launched in 2006 with a promise to tackle poverty that kills an estimated 350,000 children each year in the region. Conceived by Shakira, the foundation is also backed by Nobel Prize laureate Gabriel Garcia Marquez and Spanish singers Miguel Bose and Alejandro Sanz. ALAS will host two massive, simultaneous concerts Saturday in Buenos Aires and Mexico City to raise awareness about 32 million children living in poverty in Latin America. The concerts will include Puerto Rican pop star Ricky Martin, the Mexican norteno group Los Tigres, and Dominican singer Juan Luis Guerra among others.

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Exchange has packaged six of its practical management resources into a single Center Manager’s Tool Kit and is offering the entire set at a 33% discount. Included in this kit are many ideas on raising and managing funds. Resources in the kit include:

• The Art of Leadership: Managing Early Childhood Organizations
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• 250 Management Success Stories from Child Care Directors
• Exchange Article CD Collection #4: Avoiding Burnout
• Exchange Article CD Collection #5: Supervising Staff

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