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We established [The Gloria Estefan Foundation] in 1993, because I was getting so many pitches from charities that I thought the best way to maximize our charity dollars was to establish a foundation, where you can do so many things. [The royalties from] four of my songs go directly to my foundation, and I don't have to bother people for money. I have been funding it myself all these years, from diffent concerts that I do that pay right to my foundation. It's what I love to do. It's something that makes me very happy. . . [The foundation has helped] from small things to large things. Every time there has been a natural disaster, we, thought the American Red Cross, have helped. Not just here , but in Nicaragua and Honduras. Obviously, Miami is very close to my heart.

Gloria Estefan#52

MusicCharityFoundationPhilanthropy

About this quote

What does it mean?
She explains founding her charity to maximize impact, funding it personally through concerts and song royalties to help disaster victims.
In plain terms
She started a foundation to control her charity work and funds it with her own music earnings.
What can you take from it?
Take direct control of your charitable giving for maximum impact.

Where it applies

  • starting a charity
  • donating money
  • using income for good

Putting it to work

  • establish a foundation
  • fund charity via royalties
  • support disaster relief

Questions to consider

  • How do you want to give back?
  • Should charities be self-funded?

Another view

Not everyone has the income to self-fund a foundation.

More from Gloria Estefan

  1. This is an opening gift tht we are making in conjunction with Blue Cross and Blue Shield of half a million dollars.

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  2. Well, you know, in the first place I'm a pretty private person. But I can assure you that I'm no saint by any means of the imagination. You know, we go to part…

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  3. Our focus with the [Gloria Estefan] foundation has always been to help the many individuals whose challenges have fallen through the cracks of the traditional …

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