The third annual summer “Hamptons Paddle & Party for Pink” fundraiser, to be held on Saturday, August 16, 2014, benefiting The Breast Cancer Research Foundation will be an event in two parts — a multi-skill level paddle boarding race and a benefit party co-hosted by prominent New Yorkers Lisa and Richard Perry and full-time Hamptons residents Maria and Larry Baum.The event will bring together hundreds of competitive paddle boarders, spectators and guests in support of raising critical funds for breast cancer research. The race will take place at Havens Beach in Sag Harbor; the party will take place at the spectacular residence of Lisa and Richard Perry.Co-chair Maria Baum, mother of four, investor, entrepreneur, and a partner of Tutto Il Giorno restaurants, took on paddle boarding as an exuberant activity to help her cope through her breast cancer diagnosis, treatment, and subsequent recovery. She will once again race alongside longtime paddler Richard Perry and the anticipated 100-plus paddlers. The race will follow World Paddle Association (WPA) racing rules and all racers will be timed with the WPA Blast Race Management System. Following the race, guests will revel at a sunset party.To celebrate the event, you can bid on paddle boards designed and signed by Martha Stewart, Kim Kardashian, Bethenny Frankel, Gwyneth Paltrow, Donna Karan, Tony Burch, Aerin Lauder and more, as well as on the chance to enjoy a private workout with Tracy Anderson and Gwyneth Paltrow. The auctions can be accessed here.Last year’s event, which drew such guests as Edie Falco, Matt Lauer, Martha Stewart, Aerin Lauder, William Lauder, and Donna Karan, raised over $1,200,000 in funds that went directly toward the Foundation. Highlights included heartfelt remarks from the Baums and an inspiring overview of the Foundation’s mission to find a cure for breast cancer in our lifetime from BCRF Scientific Advisory Board Chairman Clifford Hudis, MD (Memorial Sloan-Kettering Cancer Center, MSKCC).Find out more about the event here.The Breast Cancer Research Foundation (BCRF) advances the world’s most promising research to eradicate breast cancer in our lifetime. Founded by Evelyn H. Lauder in 1993, BCRF has raised more than $500 million to fuel discoveries in tumor biology, genetics, prevention, treatment, survivorship and metastasis. This year, they invested $45 million in the work of more than 200 researchers at leading medical institutions across six continents. By spending 91 cents of every dollar on research and public awareness, BCRF remains one of the nation’s most fiscally responsible charities. They are the only breast cancer organization with an “A+” from CharityWatch, and have been awarded a 4-star rating from Charity Navigator 12 times since 2002.