Daniel Chavez Moran awaits the announcement of the winners of the 2011 Vidanta Foundation Prize for “Contributions to the Reduction of Poverty and Inequality in Latin America and the Caribbean,” following a meeting on August 26th in Cancun, Mexico, where first, second and third place winners will be selected from among more than 200 nominations.
The annual Vidanta Foundation Prize is sponsored by the Organization of American States (OAS), the Ibero-American General Secretariat (SEGIB) and the Vidanta Foundation, the nonprofit organization founded by Mexican philanthropist Daniel Chavez Moran.
The prize shines the light on projects in Latin America and the Caribbean that fight poverty and inequality, with a first place award of $100,000; a second of $75,000; and a third, $50,000.
From last year’s announcement by the OAS:
October 15, 2010: The Secretary General of the Organization of American States (OAS), José Miguel Insulza, presented the prizes of the Grupo Vidanta Foundation to the Mundo Mujer Foundation, of Colombia, to the Chilean organization Un Techo para Chile and to Comunidades de la Tierra, of Guatemala, for the work these organizations carry out to fight poverty in the region.
…”I wish to recognize the talent of our people and the importance of taking advantage of it to benefit others,” Secretary General Insulza said. He added that the prize is given at a time when poverty rates in the region have fallen in recent years, and when despite the crisis Latin America and the Caribbean have persevered. “The reason for this has to do with public policies and with economic growth, but above all with initiatives like those undertaken by these groups, intended to fight poverty.”