The Pines Retirement Home has a lot to cheer about in the new year: an unexpected gift of more than US$190,000.
Clients of MaplesFS donated $190,323.53 to benefit the home and its many programs.
The Pines Retirement Home has been in operation since 1983, when it was formally opened by Queen Elizabeth II, who was visiting Grand Cayman. It provides full-time case to 35 permanent residents.
MaplesFS CEO Scott Somerville said, “The Maples group has been a long-time supporter of The Pines and we are pleased that many of our clients have chosen to also support the home, whose hard work and quality care play an essential role in our community.”
As well as providing full-time care, the retirement home also provides elder day care, respite care and assisted living support.
The Pines is a nonprofit charitable organization that relies heavily on public support to cover its operating deficit, and it receives the majority of its donations from corporations and individuals.
MaplesFS, which has offices in the Cayman Islands, Delaware, Dubai, Dublin, Hong Kong, Luxembourg, Montreal, New York and Singapore, is a specialised fiduciary and fund services provider.