Goldman Sachs Helps Rebuild Cayman
As the Cayman Islands National Recovery Fund continues to repair and rebuild homes damaged by Hurricane Ivan, local organizations remain committed to supporting the Fund with much needed financial help.
The most recent example came in the form of a sizeable donation from Goldman Sachs (Cayman) Trust Limited, the local arm of one of the world's leading global investment banking, securities and investment management firms. The company contributed over US$250,000 and has endorsed a programme to involve staff members in their own fundraising initiative to benefit the Recovery Fund.
Grant Jackson, head of Goldman Sachs (Cayman) Trust Limited commented,
"Goldman Sachs has been a long time supporter of the Cayman community. This donation is a clear testament of our company's ongoing commitment and dedication to these islands. We have all been affected by Hurricane Ivan and we wished to assist members within our own local community who have struggled to rebuild their homes. This gift accompanied by the staff's fundraising programme is a wonderful way for us to give back to the community."
Fund Director, Dr. Mark Laskin commended the company for its generous support. "Even though more than a year has passed since Hurricane Ivan, everyday we at the Fund are confronted with the pressing needs of many in our community who are still affected by the storm's devastation. Our commitment is to carry on with the rebuilding effort until as many persons as possible are in a reasonable standard of housing."
"The Fund is extremely grateful to Goldman Sachs for stepping in at this time and adding to our fundraising and community rebuilding efforts. We are encouraged by the fact that their contribution will also extend to support from their employees," he noted.
The National Recovery Fund was established on 23rd September 2004 to provide relief for persons adversely affected by Hurricane Ivan through its housing recovery programme aimed at restoring families to suitable living conditions.
The Fund is a private independent Trust that relies solely on donations to carry out its housing programmes.