HFCC calls for funding proposals

Hedge Funds Care Cayman is calling on Cayman Islands charities and organisations to apply for funding for child abuse/neglect prevention and treatment initiatives.

The call for proposals follows the success of its fundraising black tie dinner, Open Your Heart to the Children Benefit, held at the Ritz-Carlton 16 November.

The benefit dinner, which attracted around 350 people, raised more than US$250,000.

The next step for the HFCC is to start the grant making process for 2007 and to issue funds to Caymanian organisations in need. Following a stringent selection criteria, an HFCC Grant Selection Committee will evaluate the proposals and decide on how best to allocate the funds to organizations so that they truly make a difference in the local community, stated a press release.

‘When I first became involved with HFCC, it instantly became clear to me how important the organisation’s objective was and that there was a real need in Cayman’s community to support these kinds of projects,’ said Peter Cockhill, Chairman of HFCC.

‘Since then, I have been touched and impressed by how my fellow colleagues in the Cayman hedge funds industry have rallied together to raise the funds to make it possible to launch numerous child abuse prevention and treatment initiatives in Cayman. It is wonderful to see that the financial services community can not only bring huge value to the island economically but also from a humanitarian point of view.’

Applicants for this year’s funding may request grants up to $50,000 depending on the scope and objectives of the proposal. Applicants are invited to make contact with Doris Schwartz, Executive Director of HFC for an application at 1 (212) 967-0322 (ext. 346) or [email protected]. All requests for grants must be submitted to Doris Schwartz by Monday 22 January, 2007.

FYI

HFCC is committed to funding activities that strengthen vulnerable families, build community resources for at risk families, preserve the integrity of the family without jeopardising child safety, enhance permanency planning, improve foster care and adoption, and provide clinical treatment to victims as well as support to non-offending family members. Hedge Funds Care Cayman is also committed to enhancing general awareness within the community and increasing the awareness of children to the problem of abuse in order to facilitate disclosure and break the cycle. If you intend to apply for funds, please contact us to be sure that your proposal is consistent with the HFCC vision.

WHO THEY ARE

Hedge fund industry professionals established Hedge Funds Care, a charitable organisation focused on assisting young victims of abuse, in 1998. Since that time, chapters have opened in New York, San Francisco, Chicago, Atlanta, Boston, Denver, Toronto, Cayman and most recently in London,. The targeted groups for the organisation include those organisations with interests in hedge funds, including investment managers, investors, prime brokers, attorneys, accountants, administrators and information providers.

The Cayman Committee of Hearts has representation by Ogier, Deloitte, Ernst & Young, PwC, KPMG, Walkers, Appleby Hunter Bailhache, dms Management, Citco, Maples and Calder, UBS and Rawlinson & Hunter. For further information about HFCC or how you can contribute visit www.hedgefundscare.org or contact Denise Gower at 914 1692 or [email protected].

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