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Foundation to Honor Martha Stewart

July 19, 2002

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NEW YORK (AP) _ Not everyone is down on Martha Stewart.

The entertaining guru, who is under investigation for her sale of ImClone stock, will be honored by Russell Simmons’ Rush Philanthropic Arts Foundation next weekend. Others to be honored at the event, taking place at the hip-hop mogul’s East Hampton estate on July 27, are ``Sex and the City″ co-star Cynthia Nixon, Black Enterprise magazine founder and publisher Earl Graves, and Radio One founder and chairman Cathy Hughes.

Although Stewart’s image has taken a beating lately, Simmons says his commitment to honor her never wavered.

``Rush Philanthropic Arts Foundation is proud to honor Martha Stewart for her dedication to creative expression and education,″ he said in a statement. ``She been a good friend to me and Rush Philanthropic over the years and has helped us to fulfill our mission of providing at-risk youth with access and exposure to the arts.″

Stewart has been keeping out of the public eye as media scrutiny on her stock woes intensifies. However, she is expected to attend the event, according to Simmons’ publicist.

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