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Lyford Cay Foundation Pledges $200,000 To Vulnerable Communities

LYFORD Cay Foundation, deeply concerned about the impact of the COVID-19 pandemic on the world, particularly on the Bahamas, has pledged $200,000 in immediate aid for vulnerable Bahamian communities affected by the lockdown.

The Foundation has also disbursed $50,000 to the Salvation Army and Bahamas Feeding Network.

“While the global community shudders from this pandemic, The Bahamas is profoundly vulnerable given that it is still reeling from the physical, humanitarian and economic impact of Hurricane Dorian in September 2019, and given the dependency of our economy on tourism,” said the Foundation.

“And as with Hurricane Dorian,” said the Foundation, “navigating the impact of COVID-19 on The Bahamas will be complex, and a long-term process. This circumstance is unprecedented, and the needs are immense. However, with the support of our caring community of donors and working with community partners, we know we can work together to help those who are most in need.

“We welcome and encourage contributions to Lyford Cay Foundations in support of our ongoing work to help Bahamians realize their full potential.”

Donors are asked to visit the Foundation’s website —www.lyfordcayfoundations.org – to make a contribution to Lyford Cay Foundation Inc., or The Canadian Lyford Cay Foundation via the online portal.

Comments

Well_mudda_take_sic 2 months, 2 weeks ago

Okay, now it's Sir Snake's turn. He should be able to easily give back to our country 100 times what The Lyford Cay Foundation has donated. And where's Brent Symonette? I can think of at least 20 Bahamian families that can each donate $20 million plus and not feel any pain from doing so in terms of their personal net worth. The great fortunes amassed by these super wealthy Bahamian families over the years from rigged monopolistic practices of one kind or another are in large part the reason why we have a dysfunctional society today comprised of the very few "haves" and the very many "have nots", with no real middle-class to speak of. Without such generosity by the very privileged few, government may need to consider a one-off wealth tax applied to the super wealthies' financial assets and real property holdings worth in excess of, say, $5 million.

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Well_mudda_take_sic 2 months, 2 weeks ago

Keep in mind too that the super wealthy has also greatly benefitted over the years from our country having a very regressive tax structure as opposed to a progessive one that would have had them paying their fair share of our country's tax needs. This fact alone would provide ample justification for a wealth tax being imposed on the super wealthy at this dire time. And no, I'm not a communist or socialist, but rather a realist with a sense of fairness. Such a wealth tax would impact me!

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moncurcool 2 months, 2 weeks ago

Could it be that there are people those who give without needing to have it splashed across the pages of a newspaper for the sake of publicity?

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Well_mudda_take_sic 2 months, 2 weeks ago

I'm not talking here about the normal kind of 'giving' most charitable organisations, successful businesses and people of means do. The type of 'giving' I'm talking about would be at a whole new level and for a whole different purpose.

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Lknowles 2 months, 2 weeks ago

What about the family island no one is helping us over here in exuma

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