CIBC has donated $100,000 to “Shelter from the Storm,” the Cayman Islands Red Cross’s capital campaign to renovate its hurricane shelter and headquarters.
The Red Cross has used its existing building on Huldah Avenue for more than 30 years as a primary hurricane shelter, a temporary shelter for non-hurricane-related emergencies, a training and workshop venue and a thrift store.
Stating that the building is in “dire need of much needed renovations,” the Red Cross launched the Shelter from the Storm campaign earlier this year to appeal to the public and to the business community for assistance.
Officials estimate that the headquarters will need $600,000 to complete its modernization and improvement.
“We are very proud to be Shelter from the Storm’s first Humanitarian Partner,” said Daniel R. Wright, managing director of wealth management at CIBC FirstCaribbean, in a press release.
He added, “We recognize the importance the Red Cross [has] to the Cayman Islands and how critical the shelter is to the safety and security of the people of Grand Cayman.”
Cayman Islands Red Cross Director Jondo Obi said CIBC has “a deep and fruitful partnership” with the local branch of the Red Cross and have served as the sole corporate sponsor of the Red Cross’s Thrift Shop since 2011. She added that over the years, the company has helped to purchase such necessities as a secure donations drop-off box and security cameras around the premises.
“Their contribution to Shelter from the Storm is a natural step in strengthening our partnership and the Cayman Islands community,” she said.
“CIBC’s generous donation is really a gift to our community,” said Irina Scrivens, chairwoman of the Cayman Islands Red Cross board. “By investing in our Hurricane Shelter, CIBC directly supports the thousands of people who rely on the CIRC, not just to provide them with a shelter from the storm and assistance in times of an emergency, but also to undergo training, awareness sessions and meetings that take place in this very building on topics from first aid to child protection.”