Goldman Sachs helps rebuild Cayman

As the Cayman Islands National Recovery Fund continues to repair and rebuild homes damaged by Hurricane Ivan, local organisations 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 more than US$250,000 and has endorsed a programme to involve staff members in their own fundraising initiative to benefit the Recovery Fund.

‘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, commented Grant Jackson, head of Goldman Sachs (Cayman) Trust Limited.

‘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, every day 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.