January 18, 2022

Cl Youth Theatre

Fashion, The needs of women

Arkay on successful philanthropy in their packaging company

Arkay was recently recognized for its philanthropic efforts around Alzheimer’s, and the company’s CEO attributes their success to authenticity, realistic giving goals and integration into the business.

In October Howard Kaneff, chairman emeritus of Arkay, and Mitchell Kaneff, chairman and CEO of Arkay, received the Charles Evans award for their contributions to Alzheimer’s research by the Alzheimer’s Drug Discovery Foundation, run by the Lauders of Estée Lauder.

Arkay is a packaging supplier with clients like Estée Lauder, Oscar De La Renta, Bliss and P&G, among others.

Mitchell told CosmeticsDesign the heart of the company’s success in charitable giving is an authentic interest in what issues they are backing.

Arkay’s philanthropic journey

Mitchell said Arkay started down the Alzheimer’s philanthropy path when his mother, Cherry Kaneff, began to lose her memories in her early 70s. Through searching for help for Cherry via Leonard Lauder, the Kaneff family and Arkay got involved in philanthropic support of Alzheimer’s research.

As a musician, he also said he wanted to find a way to contribute in more ways than just writing a check, and integrated music and research showing its positive impact on Alzheimer’s patients into his philanthropic model.

Having been close to Evelyn Lauder, Mitchell also said he was introduced to charitable giving through her work in breast cancer research, which informed his perspective on charitable giving in cosmetics and how to go about it.