The Libra Group was founded on the core values of integrity, respect and trust – principles that continue to drive the organization today, in business and beyond.
We believe that part of the responsibility of running an international business is to maximize our contribution to communities among whom we work while minimizing environmental impact; and part of that responsibility is to actively give something back.
We do this through a series of managed programs and initiatives which are broadly linked to the themes of community support and assisting people who have been denied or have limited opportunity.
Our Social Responsibility initiatives comprise:
Libra Internship Program: Approaching 150 students each year, internships enable bright young people to experience the world through the eyes of an international business.
Entrepreneurship Awards: The Libra Group is funding and managing two annual entrepreneurship awards which are designed to stimulate entrepreneurial spirit through the provision of practical support and start-up funding. The Hellenic Entrepreneurship Award was conceived by the Libra Group in 2012 amid the unprecedented economic downturn in Greece. Libra has committed €10 million to the award which it founded on behalf of The Hellenic Initiative. In 2015 Libra Group announced a $500,000 commitment to a second award program, The American Entrepreneurship Award, which will be run along the same principles as the Hellenic Entrepreneurship Award. The program currently focuses on two communities in which there are groups facing a disproportionate lack of opportunity compared with the rest of the USA: the Bronx, New York and Miami-Dade County, Florida.
Concordia: The Libra Group is the founding sponsor of Concordia, a non-profit organization seeking to promote public and private sector cooperation and build partnerships. Each year, Concordia hosts a forum of current and former world leaders, top officials from global corporations and prominent non-governmental organizations to provide an intimate and thought-provoking conversation around the important elements of building effective public-private partnerships.
Seleni Institute: A non-profit organization that was founded by Nitzia and George Logothetis in 2011 to destigmatize and transform mental health and wellness by addressing real life issues that challenge the emotional health of women, men and their families, including fertility, pregnancy, miscarriage, stillbirth and child loss.
Libra Mentorship Program: A series of year-long mentorships for selected individuals - principally to young people of color, first generation college students and students who face socio-economic challenges.
Grace Foundation: A collaborative charity support program which includes match-funding between the Libra Group and guests at our hotels across the world.
Libra Fellowships: The Libra Group Fellowships seek to support the leaders of tomorrow by funding selected students in further and higher education. In the USA Libra supports the McCain Institute by offering professional experience to participants in the institute's Next Generation Leaders Program. In Greece Libra has made a commitment to fund 25 students per annum on the MBA program at the Athens University of Economics and Business. Through a commitment with The Hebrew University of Jerusalem, we support 30 Israeli students with fellowship funding. We support a visiting doctors' program at Johns Hopkins University School of Medicine.
MBK Alliance: The Libra Group is a founding sponsor of this independent non-profit organization aimed at eliminating opportunity and achievement gaps for boys and young men of color. Libra Group Chairman and CEO, George Logothetis, is a member of the MBK Alliance Executive Committee and Board of Directors. The My Brother's Keeper Initiative was launched by President Obama in February 2014.
The HOME Project: The HOME Project was set up in response to the global refugee crisis, the largest since WWII. Greece alone has received over one million people in search of shelter and safety from the beginning of 2015. The HOME Project aims to provide security, dignity and social integration services for the most vulnerable – to ‘Help, Overcome, Motivate, Empower’.
Corporate Giving: Libra Group provides for the discretionary support of charities, events and initiatives that fall outside the scope of our principal social responsibility initiatives. Projects include the construction of a school in Peru within an under-served community;, the restoration and updating of a number of orphanages in Argentina; The Smile of the Child charity for children’s rights, and the Down Syndrome Association of Greece.