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The Foundations provide a unique opportunity
for citizens from all walks of life and countries to create and
build a lasting source of benefit to The Bahamas. As a repository
for gifts, the Foundations help people whose goodwill is toward
any worthy charity in The Bahamas and assist donors by making grants
to meet the most urgent needs of the community at the time.
The Foundations believe that one of their biggest
contributions to The Bahamas is in the area of Education and have
developed several scholarship programs for Bahamian students studying
at Colleges and Universities in the United States, Canada, England,
the Caribbean and The Bahamas at the Undergraduate, Graduate, Doctorate,
Associate, Technical and Vocational levels.
To ensure perpetuity, the Foundations seek
to endow their programs whenever possible. This base of assets from
which the earnings are used in conjunction with annual unrestricted
gifts enable the Foundations to make discretionary grants for the
improvement of the community and support their very extensive scholarship
programs. Administration endowments help support operations and
the cost of careful management.
The Board of Directors
of both Foundations are composed of a diversified group of responsible
individuals who serve without compensation and are interested, involved
and well versed in the Bahamian community.
Contributions of all sizes represent the Community's
diversity and reputation as a caring, sharing, giving society. The
Foundations act as good stewards for donated funds, invest and manage
those funds wisely, and distributes them in a timely and equitable
fashion according to the needs of The Bahamas.
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