Rihanna, the Barbados-born recording artist, is scheduled to headline at the Robin Hood Foundation benefit on May 14. Lady Gaga last year helped the organization raise $47.4 million.
Starbucks (SBUX) Chief Executive Howard Schultz, NBC Universal CEO Stephen Burke and New York Giants quarterback Eli Manning are benefit co-chairmen, joined by their wives, Sheri Schultz, Gretchen Burke and Abby Manning.
The organization fights poverty in New York City by funding and providing technical assistance to about 200 nonprofits.
Last year, the event drew 4,000 guests to the Jacob K. Javits Convention Center. The money the foundation raises at the event goes directly to grantees.
The board, led by Lee S. Ainslie III, managing partner at Maverick Capital Management, underwrites 100 percent of the foundation’s administrative costs. Board members include David Einhorn of Greenlight Capital (GLRE) Re Ltd. and Steve A. Cohen of SAC Capital Advisors LP.
Last year’s event sold out by mid-April.
Editors: Jeffrey Burke, Mark Beech.
To contact the writer on this story: Amanda Gordon in New York at email@example.com or on Twitter at @amandagordon.
To contact the editor responsible for this story: Manuela Hoelterhoff at firstname.lastname@example.org.