In(pi'ed)Philan*h'op/)fo')a)Be**e')Bahama(...Together, we are helping to build a better Bahamas for years to come. Basil P. Goulandris CHAIRMAN Lyford Cay Foundation, Inc. Jeffrey

2014 Annual Report:

Our Way FOrWardInspired Philanthropy for a Better Bahamas

2 | The Lyford Cay Foundations | 2014 Annual Report

TaBLE OF CONTENTS01

thank youpg 03

02programmes

pg 06

03our donors

pg 22

04financials

pg 28

05who we are

pg 30

06contact us

pg 31

“I remain convinced that supporting tertiary education is the best investment in a nation’s future.”

CaTharina birChallClCF Vice President and DonorThe Canadian lyford Cay Foundation

“As a Scholar, I’ve benefited from the generosityof the Foundation and its donors. The impact ofthose contributions has also helped me growpersonally and professionally. Moreover, havingbecome a donor, it is both motivating andfulfilling to help in another’s journey – whatbetter way to contribute to the advancement ofothers’ dreams than through giving back?”

DaMian Forbes anD wiFe TiFFanylyford Cay scholar and Donor

“It’s important for me to support theFoundation because they’re doing a wonderfuljob in helping to educate Bahamians, and Ithink that’s very important in any society.”

Marina F. D’aguilarlyford Cay Foundation Donor

The Lyford Cay Foundations | 2014 Annual Report | 3

Without a doubt, the single most important aspect of 2014 was you.Because of your generosity, we had an unprecedented year, raising

$3.7 million to fund educational opportunities and assist in communitybuilding for Bahamians most in need.

Our Way FOrWard

Last year saw the completion of our five-year strategic plan (2015-2019),established in order to most effectivelyserve The Bahamas and its people andmaximize the impact of our programmes.

This new vision requires increasedinvestment across all programmes. To support this increased investment, we plan to raise $13 million over the next five years, a goal which represents a 15% increase in donations each year over historic contribution andfundraising levels.

Because of your support in 2014:

• 99 Lyford Cay Scholars attendeduniversities abroad;

• 109 Lyford Cay Scholars studied at The College of The Bahamas;

• 25 Lyford Cay Scholars achieved the milestone of completing their degrees;

• 144 public school students arepreparing to be the first in their family to go to college;

• 21 charitable organisations providededucational opportunities for commu-nities throughout the Bahama Islands.

In this report, you will hear from FOCUS students, Lyford Cay Scholars and beneficiaries of community initiatives about how your giving made a difference in their lives. On their behalf, a heartfelt thank you!

01 thank you


We remain steadfastly committed to the prudent and transparent stewardshipof your investment in the Foundations’programmes and beneficiaries.

Thank you for generously enabling us to

work toward the mutual goal ofempowering Bahamians to reach their full potential.

Together, we are helping to build a better Bahamas for years to come.

Basil P. GoulandrisCHAIRMANLyford Cay Foundation, Inc.

Jeffrey A. EverettPRESIDENTLyford Cay Foundation, Inc.

Robert SmithPRESIDENTThe Canadian Lyford CayFoundation

With profound thanks,

5-yEar STraTEgiC PLaN (2015-2019)The Foundations’ five-year Strategic Plan outlines our vision for the future. Our fundraisinggoal is $13 million over 5 years or $2.6 million each year. This represents a 15% increase indonations each year over historic contribution levels. This $13 million is allocated across ourprogrammes as follows:

FOCUS

$6.4mScholarships

$3.69mGrants

$2.03m

CutillasScholars

Programme

$880k

• Increase of 36 newfourth graders eachyear:2015 – 180 students2016 – 216 students2017 – 252 students2018 – 288 students

• 2019 – First cohort graduates.

• Increase scholarshipsfrom $7,500 to minimumof $15,000 across allprogrammes.

• Preference given to first generation collegestudents.

• Preference given tostudents who completea first degree at local institutions (COB or BTVI).

• Support non-profits in their operations as well as in theirprogramming.

• Continue to supportneed-based awards atThe College of TheBahamas.

• Launch in Fall 2015.• Recruit exceptionalpublic high schoolstudents who will befirst in their family to go to college.

• Mentor them and fundthem at The College ofThe Bahamas orBahamas Technical andVocational Institute.

Our Way FOrWard continued01 thank you


FOCuSFOCUS is an out-of-school-time, tuition-free enrichment programme aimed at collegereadiness and access for public school students of demonstrated potential and need.Students will be the first generation in their family to achieve a post-secondaryeducation. Students begin the eight-year programme the summer after Grade 4. Ourgoal is that all our students will graduate from high school and complete college. FOCUSwill serve close to 300 students annually by 2018.

Keziah SargeantCLaSS OF 2022Keziah wants togo to college toget a goodeducation andbecome a lawyer.

amiel JohnsonCLaSS OF 2022Music enthusiastAmiel knows thathe’ll be a greatmusician andteacher.

Waltario FoxCLaSS OF 2019Waltario is usingFOCUS as aspringboard to hisultimate careergoal – to becomea brain surgeon.

Carmetta BarryCLaSS OF 2019Carmetta plans togo to college andbecome thenation’s firstfemale PrimeMinister.

02 programmes



HEadEr HEadErThroughout the year, FOCUS students areexposed to a variety of out-of-classroomexperiences. This past year began with avisit to the newly renovated LyndenPindling International Airport. Other field trips included salsa dancing, potterymaking and rock climbing at Atlantis andvisiting Ardastra Gardens & Zoo.

Special lessons outside of Math andLanguage Arts included reviewing the 7 Habits of Highly Effective Teens andhearing from guest speakers on anti-bullying as well as engineering, realestate, land surveying and hotelmanagement careers.

The summer projects were impressive to say the least. FOCUS uses a Project-Based Learning curriculum, which catersto our students’ individual learning styles.

Grades 5 and 6 created websites to bring awareness and provide solutions to the challenges surrounding thegarbage dump.

Grade 7 and 8 created a bus route for all FOCUS students to go to and from The College of The Bahamas campusmost efficiently using geographicinformation systems (GIS mapping).

Thanks to you, FOCUS 2014 proved to be a success!

FOCuS yEar iN rEviEW

2014 FOCuS FamiLy

144Students

5Part-time

Teacher Coaches

20Interns

5ProgrammeLeaders

02 programmes FOCuS continued


miguEL COLEBrOOKEClass of 2014harvard universityllM, Corporate Finance & governance

Once Miguel fulfils his short-term goal of gainingexperience at a commerciallaw firm, he’ll pursue his long-term goal of workingwith our central bankingauthority as a financial sector regulator.

dELia FErguSONClass of 2014suny buffaloMaster of urban Planning

Delia’s hope is to shape policy, implementation systems and infrastructurethat improve land use and transportationin The Bahamas.


graduaTiNg CLaSS OF 2014UNDERGRADUATESCHOLARS INSTITUTION FIELD OF STUDYJohn Alao University of Miami Pre-MedicineInga Bethel Kettering Universtiy Mechanical EngineeringChristina Carter Messiah College International BusinessInfane Lowe Kettering Universtiy Industrial EngineeringKhia Poitier Rhode Island School of Design Visual ArtsCharles Rose University of North Carolina at Charlotte Civil EngineeringRichea Smith Beloit College Civil Engineering

Estelle Siebens Excellence ScholarshipSidney Russell Clarkson University Civil and Environmental Engineering

GRADUATESCHOLARS INSTITUTION FIELD OF STUDYTeo Cooper Florida International University Curriculum and Instruction – Science EducationDelia Ferguson SUNY Buffalo Urban PlanningAshley Knowles St. Anthony's College – Oxford University Visual, Material and Museum AnthropologyOlubodun Tinubu University of The Witwatersand General Surgery

Sir John Templeton Memorial Scholarship Roshae R. Darville University of Louisville FinanceTashia Edwards Queen's University International Business and FinanceKarin Glinton EDHEC Business School Economic DevelopmentTheadore Hunt University of Toronto TheologyKarvol K. Mackey Vanderbilt University Finance and Accounting

Shirley Oakes Butler ScholarshipThea Storr University of Central Florida Elementary Education

Solmssen Templeton Scholarship Miguel Colebrook Harvard University LLM – Corporate Finance and Governance

TECHNICAL TRAINING AND VOCATIONALSCHOLARS INSTITUTION FIELD OF STUDY

Technical Training and Vocational Scholarship Samuel Joshua Forbes Nova Scotia Community College Tourism and Hospitality ManagementDeantwon Thurston New England Institute of Technology Heating, Ventilation and Air-conditioning

TK Foundation Technical Training & Vocational ScholarshipsJustyn Wilson Marine Mechanics Institute Marine TechnologyTina Barnett New York Institute of Technology Architecture Technology

Harold W. Siebens Technical Scholarship Shannon A. Williams Lincoln College of Technology Auto Mechanic

Bahamas Billfish Championship Technical ScholarshipKirkwood Rolle Marine Mechanics Institute Marine Mechanics

CANADIAN UNDERGRADUATESCHOLARS INSTITUTION FIELD OF STUDYKristian Plakaris University of British Columbia Mechanical Engineering

Robert A. Nihon ScholarshipSilia Woodside University of New Brunswick Marine Biology

02 programmes


2014 CurrENT SCHOLarSLYFORD CAY FOUNDATION, INC.

UNDERGRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDYAaron E. Adderley Florida International University Biomedical EngineeringD'Anthra Adderley Salisbury University BiochemistryMarcel Amann California Maritime Academy Marine Engineering TechnologyKristal Ambrose Gannon University Enviromental Science NewRadejha Arthur Bethune Cookman University Elementary EducationAnn-Marie G. Carroll University of The West Indies Marine BiologyDylan Cash University of Michigan Civil and Environmental Engineering NewRechea Coakley Trent University Forensic ScienceJasmine Ferguson SUNY Maritime College Marine Engineering with Engine License NewChelsi Gibson Northeastern University Health Science NewT’Vaughn Gibson SUNY Maritime College Marine Transport and BusinessCaleb Masekenuba University of Toronto Mathematics and Physical Science NewA. Devin Mott East Central Universtiy Computer ScienceCory Nixon SUNY Maritime College Marine Engineering with Engine License NewSamann Pinder University of South Florida Computer Science NewShanrya Powell Tennessee Technological University BiologyCarlis Robinson Howard University Economics NewAntonio Rolle SUNY Maritime College Marine Engineering with Engine LicenseIssa Saunders Yale University Economics and Political ScienceMoriah Sawyer Robert Morris University Actuarial Science and Applied MathematicsSteven Schmid Emily Carr University of Art and Design Time Based Media and Digital FilmTristana Shaw Dalhousie University SpanishAngelika Wallace-Whifield University of Kent History and Philosophy of Art NewKaren Wert Samford University Exercise ScienceApril Wilson Florida International University Spanish and Mandarin

NAMED UNDERGRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDY

Abaco Scholarship Deyanza Hanna University of The West Indies Veterinary Medicine

All-Bahamas Merit Scholarship Shannon Butler University of St. Andrews MedicineGabrielle Moss Johns Hopkins University Mathematics NewJamia Moss College of St. Benedict Biochemistry and SpanishTheophilus Moss Johns Hopkins University Mechanical Engineering

Bahamas Billfish Championship Scholarship Garneisha Pinder The College of Charleston Marine Biology

Estelle Siebens Excellence Scholarship Noel Allen Florida International University Mechanical EngineeringKason Moss University of South Florida Chemical Engineering NewCardia Rolle University of Arkansas Civil Engineering

Tartan Scholarship Kavan Smith Drexel University Electrical Engineering

02 programmes

aLySHa dEaNJohnson & wales university

bsc baking and Pastry arts

Class of 2017

Alysha dreams of aidingThe College of TheBahamas in creating aBaking and Pastry Artsdegree so that the bestculinary artists can betrained at home.


dyLaN CaSHuniversity of Michigan

bsc Civil and environmentalengineering

Class of 2018

Dylan dreams of constructing an aerial roadway for bike travel on each Bahamian island.


LYFORD CAY FOUNDATION, INC. (CONT)

GRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDYFredericka Clarke Nova Southeastern University AudiologyCarla Gibson Columbia University Applied Behavior Analysis NewElan Hutchinson Howard University Communication Sciences and Disorders NewJeri Kelly The University of The West Indies Agribusiness and MarketingMichelle Westbrook Univesity of Sussex Applied Social Psychology New

NAMED GRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDY

Shirley Oakes Butler Scholarship Krista Sherman University of Exeter Biological Sciences New

Harry Moore Memorial Scholarship in the Arts Jeffrey Meris Temple University SculptureThea Rutherford Simon Fraser University Art Education

Sir John Templeton Memorial Scholarship Leonard Clarke, Jr. Emmanuel College, Victoria University Theology NewAlareece Collie Andrews University TheologyAlithea Culmer Caldwell University Accounting NewAllison Dean Wycliffe College at The University of Toronto Theology NewJace McKinney Andrews University TheologyYolanda Rolle Yale University TheologyPatricia Symonette Columbia Theological Seminary TheologyCarisma Tucker Sciences Po – Paris Institute Financial Regulation and New of Political Science Risk Management

TECHNICAL TRAINING AND VOCATIONAL SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDYPrinceton Boston Ferris State University Automotive TechnologyPatrick Brown Northwest Kansas Technical College Engineering Technology NewJustin Cartwright Full Sail University Recording ArtsMelantha Cash Chattanooga State Technical Community College Dental Hygiene NewWhitney Dean Lincoln College of Technology Baking and Pastry NewShakera Forbes New England Institute of Technology Architectural Building Engineering NewKiano Gaitor Broward College Aviation Maintenance NewMakario Gibson Lincoln College of Technology Automotive Technology Mychael Hart New England Institute of Technology Automotive Technology & Auto-body CollisionGianna Johnson New England Institute of Technology Marine TechnologyJamal Pratt Cambrian College Medical Laboratory Technology NewChristin Reckley Humber College – Canada PhotographyJe'Kyle Rolle DeVry University Electronic TechnologyShennae Rolle Keiser University Radiological Technology NewJeffernika Storr Arkansas State University Diagnostic Medical SonographyRashad Storr George T. Baker Aviation School Aviation Technology NewDashan Williams Lincoln College of Technology Culinary Arts and Management

2014 CurrENT SCHOLarS continued02 programmes



NAMED TECHNICAL TRAINING AND VOCATIONAL SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDY

Bahamas Billfish Championship Technical Scholarships Justin Higgs New England Institute of Technology Marine Technology New

TK Foundation Technical Training & Vocational Scholarships Ivan Barnett Tulsa Welding School Welding NewDonald Byfield SUNY Alfred State Electrical Engineering TechnologyBrandon Carroll Memorial University of Newfoundland Nautical Science TechnologyKristy Cartwright New England Institute of Technology Architectural Building Engineering Technology

Harold W. Siebens Technical Scholarships Lashan Alleyne Lincoln College of Technology International Baking and PastryAlysha Dean Johnson and Wales University Baking and Pastry ArtsFredreka McIntosh Johnson and Wales University Culinary Arts New

THE COLLEGE OF THE BAHAMAS SCHOLARSRECIPIENTS FIELD OF STUDY NAMED AWARD

Associate Degree Ramulus Brown Culinary Arts Marilu Tolo ScholarshipTravis T. Cornish Civil Engineering Technology Marilu Tolo ScholarshipEdeisha R. McIntosh Architecture Rotary Imagine ScholarshipLuxzonica Young Law and Criminal Justice Marilu Tolo Scholarship

Undergraduate DegreeAnado D. Adderley Computer Information Systems Marilu Tolo ScholarshipNikia S. Adderley Education Marilu Tolo ScholarshipSchyonne Adderley Management Marilu Tolo ScholarshipAlexis S. K. Bain Biology and Chemistry Marilu Tolo ScholarshipFranique Bain Education James George Mosko ScholarshipTasnim Bain Nursing Bacardi ScholarshipJasmine Balfour Biology and Chemistry Bacardi ScholarshipChristal J. Bartlett Management Royal Bank of Canada ScholarshipBrittany C. Beckles Education Marilu Tolo ScholarshipDaniel J. Bethel Computer Information Systems Marilu Tolo ScholarshipTekera A. Brown Computer Information Systems Marilu Tolo ScholarshipBrittney Bullard Marketing Edna Francis Kelly ScholarshipInetta Butler Social Work Mike Stubbs Enterprises ScholarshipJames B. E. Carey Management Eleuthera ScholarshipVernay Cambridge Psychology Marilu Tolo ScholarshipPatrana L. Chisholm Accounting Marilu Tolo ScholarshipAlana J. Clare Biochemistry Erickson Family ScholarshipDanielle Clarke Accounting Marilu Tolo ScholarshipRushan Cooper Education Marilu Tolo ScholarshipCamille C. Culmer Spanish C. V. Bethel ScholarshipAlannah M. Curry Marketing Charles Kenneth Kelly ScholarshipDeeanker Curry Education Marilu Tolo ScholarshipDeAnn Davis Education Marilu Tolo ScholarshipMilton C. Dean Biochemistry Marilu Tolo ScholarshipToi Gregory Dean Management Berry Island ScholarshipShakiel D. Deleveaux Maritime Operations Marilu Tolo Scholarship





Undergraduate DegreeAndrea Deveaux Social Work George Encil ScholarshipFranklyn Donaldson Education Marilu Tolo ScholarshipAlshirae Dorsett Education Marilu Tolo ScholarshipJackson Eugene Accounting George Encil ScholarshipKevanna Ewing Biochemistry J.S. Johnson ScholarshipAntonio A. Ferguson Computer Information Systems Marilu Tolo ScholarshipCherelle Fox History Marilu Tolo ScholarshipGeleece R. Gaitor Hospitality Management Marilu Tolo ScholarshipSharanda M. Garvey Psychology James George Mosko ScholarshipElgina T. Gibson Nursing Eleuthera ScholarshipLaxavier G. Gibson Education Gilbert and Lucia Greenway ScholarshipAntoneak Gilbert Education Godfrey K. Kelly ScholarshipAndrew P. W. Gomez Accounting PriceWaterhouseCoopersAlphonso Goodman Banking and Finance William and Lynn Holowesko ScholarshipAshley Grant Media Journalism Goulandris Family ScholarshipAbrille Griffith Education Marilu Tolo ScholarshipTonya A Hall Psychology Marilu Tolo ScholarshipNakeisha B. Hanna Education Goulandris Family ScholarshipLadonia I. Henfield-Thomas Education Bacardi ScholarshipMelissa E. Hudson Education Marilu Tolo ScholarshipTrishka A. R. Humes Biology and Chemistry Marilu Tolo ScholarshipAntonia L.Johnson Biology and Chemistry Marilu Tolo ScholarshipCordero Johnson Small Island Sustainability James George Mosko ScholarshipGardica Johnson Education Dr. Francis Adderley ScholarshipSheldira R. Johnson Education Marilu Tolo ScholarshipTisa Johnson Computer Information Systems Rotary Imagine ScholarshipSheilencia J. McKinney Education Eleuthera ScholarshipDonald W. Leadon Education Evelyn and Reginald Poitier ScholarshipJamal R. Levarity Accounting Marilu Tolo ScholarshipJoel Lightbourn Biology and Chemistry Marilu Tolo ScholarshipLashanti T. L. Major Education Bacardi ScholarshipRenaldo H. Major Electrical Engineering Technology Marilu Tolo ScholarshipAchara Martin Nursing Mike Stubbs Enterprises ScholarshipIan V. McKenzie Small Island Sustainability David A. C. Kelly Memorial ScholarshipInga R. McKenzie Biology and Chemistry James George Mosko ScholarshipCalvin L. D. Miller Computer Information Systems Marilu Tolo ScholarshipTremaine D. D. Morley Accounting Marilu Tolo ScholarshipSamantha Munnings Media Journalism Barclays Bank ScholarshipKharisma Munroe Education Bacardi ScholarshipDeneika N. Musgrove Education Marilu Tolo ScholarshipStephanie Nixon Education Cockwell Family ScholarshipAnnalecia R. Pinder Computer Information Systems James George Mosko ScholarshipTevin Pratt Electrical Engineering Technology Marilu Tolo ScholarshipMalcolm J. Rahming Education Marilu Tolo ScholarshipChynishka J. M. Roberts Education Godfrey K. Kelly ScholarshipTracey Roker Nursing Marilu Tolo Scholarship





Undergraduate DegreeBeinka Rolle English Godfrey K. Kelly ScholarshipGlenville L. Scavella Electrical Engineering Technology Marilu Tolo ScholarshipL. Rayangelo Seymour Media Journalism Katherine T. Chambers ScholarshipGlenardo S. Smith Accounting Bahamas Supermarkets ScholarshipReequal S. Smith Marketing David and Nancy Kelly ScholarshipJustin T. Storr Biology and Chemistry Marilu Tolo ScholarshipVascille Stuart Electrical Engineering Technology Marilu Tolo ScholarshipSteve T. Stubbs Accounting Marilu Tolo ScholarshipIna Sturrup Accounting Berry Island ScholarshipCarl Swann Computer Information Systems Marilu Tolo ScholarshipMelissa Sweeting Education Eleuthera ScholarshipShanae Sweeting Marketing Kelly's Home Centre ScholarshipNashanda F. Tate Social Work Marilu Tolo ScholarshipJewel Taylor Psychology Rotary Imagine ScholarshipJuriquel Thompson Social Work George Encil Trust ScholarshipJessica Turnquest Education Long Island ScholarshipNikieva K. Wallace Media Journalism Godfrey K. Kelly ScholarshipEugene Weir Electrical Engineering Technology Brother Angus Campbell ScholarshipShanette Whylly Biology and Chemistry Marilu Tolo ScholarshipSimehia A. Williams Accounting Nicholas G. Damianos, Sr. ScholarshipKerri Williams-Taylor Mathematics David A. C. Kelly Memorial Scholarship


Scholarships by DollarsTotal invested: $1.302m

Scholarships by NumbersTotal Awarded: 211

Undergraduate

Graduate

Technical & Vocational

The College of The Bahamas

abroaD

loCal


THE CANADIAN LYFORD CAY FOUNDATION

UNDERGRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDYKelia Bascom University of Prince Edward Island Animal BiologyCameron Carroll Dalhousie University Industrial EngineeringYasmine Charlton Dalhousie University Biology NewD'Maria Fernader Acadia University Accounting and French NewOuthura Rahming Dalhousie University SciencesKarenda Swain Canadian University College Music EducationCrystal Young-Phillips Memorial University Environmental ScienceSalathiel Wells Simon Fraser University Interactive Art and Technology New

NAMED UNDERGRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDY

Babbie Holt Scholarship Kirsten Major Trent University Forensics and Anthropology

Birchall Family Scholarship Jasmine Colebrooke King's University College Psychology with Biology

Robert A. Nihon Scholarship Asiyah Robinson University of Victoria Biomedical Engineering with Chemistry New

Loretta A. Rogers Scholarship Kerri Bascom Queens University Civil EngineeringBrandon Hall Acadia University Chemistry and Geology New

Edward S. Rogers Scholarship Cedricka Johnson-Clarke University of Winnipeg Economics/Foreign LanguagesCadeem Musgrove University of Waterloo MathematicsJesse Nutt University of Guelph Computer Science NewChaunse Willis University of Toronto Mathematical and Physical Sciences

RBC Royal Bank of Canada Scholarship Allena Albury Acadia University EconomicsByron McCartney Dalhousie University Electrical EngineeringRoy Williams Trent University Forensic Science New

GRADUATE SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDYNicola Smith Simon Fraser University Marine Biology

TECHNICAL TRAINING AND VOCATIONAL SCHOLARSHIPSRECIPIENTS INSTITUTION FIELD OF STUDYChristopher Fernander Holland College Commercial Diving NewAndrew Pratt George Brown College Construction Engineering Technology



THE CANADIAN LYFORD CAY FOUNDATION (CONT)


Undergraduate DegreeMonalisa R. Brown Psychology Rogers Family ScholarshipLenora Burrows Education Windfields Farm ScholarshipJoette Darling Education Neville Thomas ScholarshipBria Dean History Crothers Family ScholarshipSterling Gibson Electrical Engineering Technology Rogers Family ScholarshipGaynell V. A. Higgs Education Nihon Family ScholarshipHyly Moss Computer Information Systems Rogers Family ScholarshipStephanie Nixon Education Cockwell Family ScholarshipAshley C. Turnquest Biology and Chemistry Windfields Farm Scholarship


JEWEL TayLOrThe College of The bahamasba PsychologyClass of 2015

Jewel is excited to have finished her Bachelor’sdegree and plans to earn her Master’s inPsychology and become a forensic psychologist.

COmmuNiTy graNTS


We believe that many Bahamian non-profits can enhance their work and expand theirreach through our financial assistance. Thus, we invest in initiatives that provide accessto traditional academic learning as well as diverse opportunities for individual enrichmentin the arts, culture, sports, environmental awareness, health-related issues and economicand human resource development.

These non-profits are dedicated to the transformative power of lifelong learning. We areinspired by their work and proud to partner with them as they help those most in needin The Bahamas.

Bahamas Catholic Board of Education – anti-Bullying Campaign $5,000Support for the facilitation of a stage performance and seminar to bring awarenessabout anti-bullying for students in Grades 2 through 9 throughout The Bahamas.

Bahamas down Syndrome association $5,000Purchase of equipment, supplies and educational materials to outfit newly acquiredspace for daily classes and programmes such as occupational therapy and life skillsmanagement for children and young adults.

Bahamas National Trust Eco Camp $14,000Supported the participation of ten (10) Family Island students ages 13-15 in a week-long camp where students were immersed in subjects such as: natural history,ecosystems, conservation issues, environmental stewardship and sustainable livingpractices.

Basketball Smiles $10,000To help purchase equipment and supplies for a tuition-free weeklong basketballcamp hosting 300 students.

Brighter Bahamas Foundation $19,000Funding for the purchase of 5,000 children’s books to impact more than 27,700children ages five and under, as part of the Pediatric Partnership Programme, a collaboration to promote early childhood literacy.

02 programmes


Cape Eleuthera Foundation – deep Creek middle School $30,000 Three year grant at $10,000 per year to provide tuition assistance for two studentsto attend Deep Creek Middle School in South Eleuthera.

d-Squad Summer Basketball Camp $4,000Funding for a free two week basketball summer camp for 100 children ages 7-17.

Eleuthera youth Tennis Camp $1,500Operating assistance for a tuition-free tennis camp based in Eleuthera for childrenages 6-12.

Every Child Counts (abaco) $22,500 Three year grant at $7,500 per year to provide scholarship assistance for specialneeds children who would not otherwise be able to attend this school.

grand Bahama Children’s Home $7,500Funding toward school uniforms, shoes, and supplies for abused, abandoned andneglected children in Grand Bahama.

Hands of Hope Bahamas $5,000Grant to assist this grassroots organisation with the purchase of school uniformsand supplies for children in at-risk areas.

montell Heights Community Summer Programme $5,000Funding for educational materials, supplies and meals for a free summer camp forchildren from this inner-city community ages 8-18.

Project read Bahamas $5,000Funding toward workbooks and tutoring manuals for the year round adult literacyprogramme and the weekend and summer tutoring programme for children.

rEaCH Summer Camp $15,000Grant to fund this tuition-free four week summer programme for approximately100 children and young adults ages 3-23 with autism and related learningchallenges.

rotary Club of East Nassau – Bahamas CaLS (Computer aided Learning Solution) $7,500Purchase of license for web-based intervention solution AutoSkills Academy ofReading and Math. The access provides out of school time, afterschool, and inhome academic children’s programmes with math and reading remediation.

royal Bahamas Police Force Summer Camp $4,999To underwrite supplies needed to operate month-long summer camps throughoutThe Bahamas for 3,000 children ages 8-16.

Sir Charles Hayward Library $5,000Assistance for the ongoing technology upgrade of the Grand Bahama libraryincluding a sensormatic system and website development for global and nationalaccess to information.

Teachers united for Social Change $4,967Funding toward educational materials and supplies for this newly formed readingand math academic intervention programme for students of the Simpson Pennand Willamae Pratt Schools.

COmmuNiTy graNTS continued02 programmes

ulric Ferguson Primary School $2,500Purchase of a playground swing and slide set for this small public primary schoolof 24 students located in Cabbage Hill, Crooked Island.

West End Eco-Fishing Camp association $7,500Purchase of equipment and support for operating costs of this camp designed toexpose children, ages 6-15, to careers in marine biology, ecology tourism, smallboat engine repair and aquaculture farming.

SCHOLARSHIP GRANTSLyford Cay international School $40,500In support of the school’s partial scholarship assistance programme for Bahamianstudents.

St. andrew’s School $5,000In support of the school’s partial scholarship assistance programme.

The College of The Bahamas $254,354Funding of partial need-based awards for students at The College of The Bahamas.

SPECIAL PROJECTSadelaide auxiliary $31,300Funding for the Adelaide Auxiliary’s ongoing literacy, lunch and sports programmes.

ENDOWMENT GRANTSgovernor-general’s youth award $35,000General operating and programmatic support for the Governor-General’s YouthAward programme.



GRANTS TOTAL: $547,120

Programming*

academicScholarship

awards

Technical Training & vocational Scholarship

awards

College ofThe BahamasScholarship

grant

grants to Support

Programmes

FOCuSEducationinitiative

Other Programme Expenses

$784,914

$177,747$233,750 $283,008 $292,766$542,657



Grants by Type “To create a nation ofreaders, we have tostart right now with ouryoungest generation ofBahamians. Thanks tothe Foundations’donors, we’re in aposition to make thischange happen.”

– Jehan Unwala, Lyford Cay Scholar, Co-Founder and Executive Director, Brighter BahamasFoundation

Your Philanthropy at Work*

77% 17%Programming

6%

ManagementGeneral

FundRaising

45.01%Primary & Secondary Education

7.34%Youth Environment

17.08%Physically Challengedand Special NeedsChildren

15.37%Youth Programmes

5.29%Youth Sports

9.91%Literacy

*Consolidated LCF and CLCF

Our dONOrS


LYFORD CAY FOUNDATION, INC.

03 our donors

VISIONARIES: $100,000 AND ABOVEAnonymousMr. Frank J. Crothers The Hailey FamilyLittle Family FoundationTempleton World Charity FoundationTK Foundation

AMBASSADORS: $50,000 TO $99,999 Mr. and Mrs. Nicholas F. Brady (Darby Foundation)Mr. and Mrs. R. Sean FarringtonFrancis Paul FouquetThe FTBL Charitable FoundationMr. and Mrs. Basil P. GoulandrisMr. and Mrs. Peter G. GoulandrisMr. and Mrs. Sarkis IzmirlianMay and Stanley Smith Charitable TrustMinistry of Education, Science andTechnology of The Bahamas Stanley R. Miller FoundationOwl Foundation, Ltd.J.B. & M.K. Prtizker Family Foundation

BENEFACTORS: $10,000 TO $49,999 AnonymousAqualia Foundation, Ltd.Jorge and Leslie BacardiD'Aguilar Art FoundationDeborah Loeb Brice FoundationMr. and Mrs. Franz BurdaThe Central Bank of The BahamasCostas M. Lemos Family FoundationCranshaw CorporationMr. and Mrs. John T. Crone IVCornèr Bank (Overseas) LimitedMrs. Rosa M. CutillasMrs. Norma T. DanaLyman and Diana DelanoConstance Goulandris Foundation

Mr. and Mrs. Alec HeadMr. and Mrs. Stephen G. HoloweskoHull Family FoundationMr. Avo S. IzmirlianJohansson Family Foundation Mrs. Nancy B. KellyKelly's Home Centre LimitedMr. and Mrs. William KistlerMr. and Mrs. Alexander M. LaughlinMr. and Mrs. David W. LaughlinAmbassador and Mrs. John L. Loeb Jr.Mr. and Mrs. Yves LourdinR. K. Mellon Family FoundationMr. and Mrs. Richard P. MellonMargaret Mellon Hitchcock FoundationRBC Royal Bank (Bahamas) LimitedGeorge L. Ohrstom, Jr. FoundationMr. and Mrs. Lester E. SmithMr. and Mrs. T. Brent SymonetteMr. and Mrs. Craig SymonetteThe Varuna TrustMr. and Mrs. Hunter White, Jr.Mr. and Mrs. Thomas WhiteheadDr. and Mrs. Sankey V. Williams

PATRONS: $5,000 TO $9,999 The Booth-Bricker FundMr. and Mrs. Arthur CoadyGeorge and Sophie CoumantarosJan and Ineke Daniels-VerboonMr. and Mrs. Ian D. FairHenry L. Hillman FoundationMr. and Mrs. Alfred LevertMr. Arthur L. LoebThe Lyle FoundationMark Knowles Celebrity Tennis InternationalMr. and Mrs. Christopher MauraMalcolm and Dana McAvityNational Philanthropic Trust – Mena GriffithsNational Philanthropic Trust – Roy WilliamsMr. Alexander NeaveMr. and Mrs. James B. Nottage

Mrs. Olivia OrrMr. and Mrs. Robert O'SullivanPutney, Twombly, Hall & Hirson, LLPAlan and Ilona QuashaMr. and Mrs. B. Francis Saul IIRon and Christie UlrichUSSGA Memorial Fund Inc. The John L. & Sue Ann Weinberg FoundationMs. Shelby White

ASSOCIATES: $1,000 TO $4,999 AnonymousAlice and Michel BergeracMr. and Mrs. Philippe BonnefoyChris and Katherine BowersThe Brown Foundation, IncMr. Gregory CleareMr. and Mrs. Charles W. Coker Stephane and Tanya ConneryMrs. Phyllis T. ConwayJohn and Elena CoumantarosMr. and Mrs. Bernard F. Curry IIIMrs. F. Marina D'AguilarMarquis and Marquise de RavenelMs. Sara P. DoddMr. and Mrs. Jonathan DoyleMr. and Mrs. Jeffrey EverettMr Arthur E. FabricantMr. and Mrs. Gerald FordMs. Maureen FrenchMr. and Mrs. Nicolaus GoodJohn J. and Ann Greely IIIMr. and Mrs. Christopher HerrodMrs. Lynn HoloweskoThe Hubbard Broadcasting FoundationJane Smith Turner FoundationMr. and Mrs. Nicolas KairisCarol and Denis KelleherMr. and Mrs. Donald KesterThe KD TrustMr. and Mrs. Mike A. KlonarisMr. Robert A. Kusch

Our work is made possible only by you, our generous donors. Every gift you make goestoward transforming the lives of Bahamians through access to education and opportunity.

Thank yoU!


Associates: (cont)Mr. and Mrs. Alexander LernerMr. and Mrs. Kristofer LehmkulMr. and Mrs. George LivanosMactaggart Third FundMr. and Mrs. William N. MathisMr. and Mrs. William J. MichaelcheckRobert Montgomery and Jane IredaleMr. and Mrs. Jeffrey D. MorganMr. Thomas S. MurphyMr. Douglas Newhouse and Dr. Holly BannisterMr. and Mrs. Gregory NihonSir Christopher and Lady OndaajteMr and Mrs. Gordon B. PatteeHenry Pope FoundationCecilia M. Perry Revocable TrustMario and Irene PonceMr. and Mrs. Philip B. Pool, Jr.Renaissance Charitable FoundationFrederick W. Richmond Foundation, Inc.Betty Roberts and Stephen RobertsMr. and Mrs. Robert E. RubinMr. Paul R. SandfordPeter and Lisa SchiffMr. and Mrs. Robert A. SmithMr. Andreas M. StenbeckMrs. Eliot StewartThe Thorn FamilyMr. and Mrs. Bart T. TiernanArietta and Yorgos VardinoyannisMs. Vernice J. WalkineMr. and Mrs. Marshall WallachMr. and Mrs. Michael WhitmanThe Alinda Hill Wikert FoundationWolfensohn Family FoundationMr. Timothy Wyman

FRIENDS: $250 TO $999 Mrs. Fiona AberleBeau and Carter BassettJason and Ashley BernhardMr. Bradford R. BossJohn and Nina BottomleyMr. and Mrs. D. P.K. BruckmannMichael and Claire CallewaertFrancisco and Vivien Carrera-JustizMrs. Anne S. CollinsDr. and Mrs. James ConstantakisMrs. Charles S. Conway (Edna)Mr. and Mrs. Dayne A. D'AguilarMs. Katherine ElzaMr. and Mrs. Bertram R. FirestoneDana Farrington and Drew GoldmanDr. and Mrs. Mark GoldMr. Basil C. GoulandrisMrs. Chryssi Goulandris Ms. Amanda M. GrahamBart A. Grenier and Leslie K. GrenierMrs. Nancy G. HarrisWilliam and Adelaide HarrisMr. Daniel L. HuntMr. Randall Hage JamailRobin and Freda JeffsMs. Lindsey LernerMs. Amanda MarrayMr. and Mrs. Adolfo MirandaDr. and Mrs. Charles E. MurphyDr. and Mrs. Chitranjan S. RanawatMr. and Mrs. Roger G. ReiserMr. and Mrs. James RobertsMrs. Juliet SimondsMrs. Hope G. SimpsonThe New York Community Trust –Margaret M. Hitchcock FundMr. and Mrs. Mark ThompsonMr. and Mrs. George UnhochMr. David Webb

Mr. and Mrs. Anders WibergEric and Alexandra WibergJennifer and William Wood

LYFORD CAY SCHOLARCIRCLE (ALUMNI) Mr. and Mrs. Selvin I. BasdenMr. John A. C. BenjaminMr. Kyle T. CheaMr. and Mrs. Damian E. ForbesMr. Vaughn D. Roberts

GIFTS IN MEMORY Mr. Manuel J. Cutillas – Mr. Avo Izmirlian – Mr. and Mrs. Mike A. Klonaris – Mr. Alexander Neave – Owl Foundation, Ltd – Putney, Twombly, Hall & Hirson LLP Mrs. Kay Miller – Mr. and Mrs. Harry J. Carmichael – Stanley R. Miller Foundation – Owl Foundation, Ltd Mr. Denis Tseretopoulos – Mr. Avo Izmirlian

GIFTS IN KIND The College of The Bahamas T. G. Glover Primary School Prism Digital YES.I Soccer Horatio Smith Catering

Our dONOrS continued03 our donors

THE CANADIAN LYFORD CAY FOUNDATIONVISIONARIES: $100,000 AND ABOVEWilliam Birchall Foundation

AMBASSADORS: $50,000 TO $99,999 The Annual FoundationRBC Foundation

BENEFACTORS: $10,000 TO $49,999 Mr. and Mrs. Norman BoersmaCarmel Charitable TrustRichard and Mary HallMr. and Mrs. Christopher Hampton-Davies

Benefactors (cont)Mr. and Mrs. Bruno MeierMr. and Mrs. Robert OddyOwl Foundation Ltd Mrs. Loretta A. RogersMs. Martha RogersMr. Andrew SmithMr. and Mrs. Robert A. Smith

PATRONS: $5,000 TO $9,999 AnonymousAnonymousMs. Barbara Ann Bernard


Our dONOrS continued03 our donors

THE CANADIAN LYFORD CAY FOUNDATION (CONT)Patrons (cont)Peter Kneale and Dale TaylorRoss and Nancy McDonald FamilyMr. and Mrs. Gregory NihonMr. and Mrs. Clifford RaeMrs. Patricia Thomson Leonard

ASSOCIATES: $1,000 TO $4,999 AnonymousMr. Charles BirchallMr. and Mrs. Harry J. CarmichaelMrs. Colleen CarmichaelMr. and Mrs. Murray J. ChantMrs. Janyne HodderJohn C. Kerr Family FoundationMr. and Mrs. Joseph Kruger IIMr. and Mrs. Sidney McMurrayMrs. Rosemary RathgebMr. Michael SiftonDr. and Mrs. Dean TseretopoulosMr. and Mrs. Michael UnwinMr. and Mrs. Timothy UnwinMr. and Mrs. David Willmot

FRIENDS: $250 TO $999 Mr. Alexander BirchallMs. Lillian BirchallMr. and Mrs. Michael CrothersMr. and Mrs. Peter DunnMr. and Mrs. Stuart DunnDr. and Mrs. Brent NortonMr. Michael KlaxMr. David R. SmithMr. Robert Sullivan

GIFTS IN MEMORY Mrs. Winifred Crothers – Mr. and Mrs. Harry J. Carmichael Mrs. Kay Miller – Mr. and Mrs. Peter Dunn Mr. Denis Tseretopoulos – Dr. and Mrs. Dean Tseretopoulos

LiFETimE giviNg CirCLESWe are especially thankful for our lifetime giving members whose cumulative giving hasexceeded $500,000. you are an inspiration to us. You are champions of our mission andwe express our sincerest gratitude to you for your commitment and support.

THE CHAIRMAN’S CIRCLE:$2,000,000 AND ABOVE AnonymousMrs. Heidi Horton CharmatThe Michael D. Dingman FoundationLittle Family FoundationMr. and Mrs. Edward S. Rogers

THE PRESIDENT’S CIRCLE: $1,000,000 TO $1,999,999AnonymousJudith L. Chiara Charitable FoundationWilliam Birchall FoundationMr. and Mrs. Manuel CutillasMr. and Mrs. John LoebMr. and Mrs. Harry C. MooreCharles Taylor Family/Windfield FarmsThe TK FoundationMay & Stanley Smith Charitable TrustOwl Foundation Ltd.

THE LEADER’S CIRCLE: $500,000 TO $999,999 AnonymousMs. Lisa RogersMr. and Mrs. Leland BorenMr. and Mrs. Fernando Diez BarrosoMr. Frank J. CrothersMr. and Mrs. Clarence DauphinotMr. and Mrs. R. Sean FarringtonThe Hailey FamilyHigh Tor LimitedLyford Cay International SchoolMrs. Manon RodriguezBoris Vlasov Foundation


Loretta A. Rogers & Family Since her first visit to Nassau with herparents, Lord and Lady Martonmere, at theage of 8, Loretta Rogers has amassed alifetime of fond memories in The Bahamas.

Speaking nostalgically about her frequentvisits to Nassau while attending boardingschool in Palm Beach and then university inMiami, Loretta notes that her current homein Lyford Cay was once the beach househer family rented as a child. Back then, shesays, there were only about five houses onthe western part of the island.

Loretta’s array of memories range fromgalloping horses from Hobby Hall Racetrackalong Goodman’s Bay Beach to, morerecently, feeding stingrays off the south ofBimini Island. And perhaps, the mostsentimental of these being that she metand became engaged to her late husband,legendary Canadian telecommunicationsmagnate and philanthropist Ted Rogers, in Lyford Cay.

Today, Loretta not only spends a quarter of her time in the place where thesememories were built but she and theRogers family have been at the forefront of giving back to The Bahamas through The Canadian Lyford Cay Foundation.

“Ted was very interested and keen on

the Foundations and on education as ameans to better the country,” she shares.“He always believed you should give back.He did well in business and felt some of it should be returned to the things he believed in.”

Beyond their significant financial support,and of equal importance, Loretta hasserved as a Board Director and President of The Canadian Lyford Cay Foundationsince 1981. Loretta took the reins of theorganisation effortlessly, employing ahands-on approach by serving on thecommittee to select new scholarshiprecipients in its early days.

It is this work that gave her deeper insight into the hardships that many

03 our donors

TraNSFOrmaTivE giviNg,SELFLESS SErviCE:


Bahamian students face when seeking post-secondary studies.

“I remember one Scholar who wasparticularly brilliant. She was one of 13 children from a family island, whosefather was a fisherman and had ahousehold income of about $11,000. How could her family educate her? She was able to make something of her life and is a good example that if you work hard and try, it doesn’t matterwhere you came from; you can do it!”

That drive to help talented youngBahamians further their education and meaningfully contribute to thedevelopment of the country, is what ledLoretta and the Rogers family to recentlyannounce an unprecedented gift to theCanadian Foundation of CAD$3.6 million.

The largest gift in the historyof both Foundations, thefunds will increase the family’scurrent scholarshipendowment to now fund eight(8) scholarships valued at$25,000 each, per year withpreference given to firstgeneration college studentspursuing undergraduatestudies in Canada.

“In today’s world, if you wantto get ahead, be a leader andcontribute to The Bahamas,you need a higher education,”she says. “Give people aneducation and they can reallycontribute to the society. Themore we help, the more theycan help in turn.”

The first of the new scholarships will bedisbursed in the 2015/2016 academic year.

In 2014, Loretta retired as President of The Canadian Lyford Cay Foundation, citing the Foundation’s need for freshleadership. She remains as a Board Director and continues to be activelyinvolved with the Foundations’ work.

We salute Loretta and the Rogers family–Lisa, Edward, Melinda and Martha andremember Ted’s legacy. Thank you for yourleadership, commitment, service, example,and for your belief in us. It is because ofdonors like you that we, as a caringcommunity, are able to do our part to helpBahamian students who are most in needto secure better opportunities and a betterfuture for all.

TraNSFOrmaTivE giviNg continued03 our donors


I was one of the first scholarship recipientsof the Foundations in the early 1980s. Thatscholarship became my “springboard” torealising my dream career in Fine Arts andInterior Design.

Upon completion of my BFA degree, Ireturned to Nassau and was employed atChambers House and Garden in Lyford Cayas a Senior Designer and Assistant GalleryDirector. It was during this time that I metMrs. Loretta Rogers. The rest is history.

Today some 25 years later, Mrs. Rogers has become more than a client – she is apersonal friend and mentor. Her guidanceand kindness has taught me to stay

focused and to pursue my goals. She hasunknowingly kindled and stoked myexcitement for my career in Interior Design.

Our friendship through the years is one that I hold near and dear to my heart and one that I will always cherish.

As I reflect, I realise the scholarship was not only an investment in me, but also aninvestment in The Bahamas. One does notinvest in something they do not believe in.Mrs. Rogers believed in The Bahamas thenand still does today.

This country is blessed to have such a loyal and patriotic friend in Loretta Rogers. A heartfelt thank you!

TriBuTE TO LOrETTa rOgErS by Shawna Strachan – Lyford Cay Scholar Owner, In Season and Cantoneisha Design University of Pennsylvania and The Pennsylvania Academy of Fine Arts

TraNSFOrmaTivE giviNg continued03 our donors

L-R: Shawna Strachan, Darcy Sills – Family Friend of Mrs. Rogers and Loretta Rogers in The Bahamas.

FiNaNCiaLS aT a gLaNCE


LYFORD CAY FOUNDATION, INCConsoliDaTeD sTaTeMenT oF FinanCial PosiTionFor the year ended December 31, 2014 with comparative totals for 2013 Includes Lyford Cay Foundation, Inc. & Shirley Oakes Butler Charitable Trusts

2014 2013asseTs Cash 1,509,858 1,004,893 Investments at market value 23,013,621 22,027,149 Prepaid expenses 17,972 9,743

Total assets $ 24,541,451 $ 23,041,785

liabiliTies Grants & scholarships payable 221,087 241,141 Accounts payable & accrued expenses 95,601 75,060

Total liabilities $ 316,688 $ 316,201

ToTal neT asseTs $ 24,224,763 $ 22,725,584

ConsoliDaTeD sTaTeMenT oF aCTiViTiesFor the year ended December 31, 2014 with comparative totals for 2013Includes Lyford Cay Foundation, Inc. & Shirley Oakes Butler Charitable Trusts

2014 2013

suPPorT anD reVenue General contributions 3,234,035 1,893,861 Endowment & fund contributions – 252,500 Investment & other income, net 713,144 1,597,054

Total support and revenue $ 3,947,179 $ 3,743,415

eXPenses Academic Scholarship Awards 542,414 554,594 Technical Training & Vocational Scholarships 223,750 220,000 The College of The Bahamas Scholarship Grant 254,354 237,614 Grants to support programmes 292,766 345,700 FOCUS Education Initiative 420,854 413,768 Other programme expenses 157,564 245,939

Total Programme expenses $ 1,891,702 $ 2,017,615 Management and general 378,399 464,341 Fundraising 177,899 152,559

Total expenses $ 2,448,000 $ 2,634,515

Change in net assets 1,499,179 1,108,900 Net assets, beginning of year $22,725,584 $21,616,684

net assets, end of year $ 24,224,763 $ 22,725,584

04 financials


THE CANADIAN LYFORD CAY FOUNDATIONsTaTeMenT oF FinanCial PosiTionFor the year ended December 31, 2014 with comparative totals for 2013(Expressed in CAD dollars)

2014 2013asseTs Cash and cash equivalents 180,253 347,549 Investments at market value 5,584,654 4,977,010 Investment income receivable 10,824 11,258

Total assets $ 5,775,731 $ 5,335,817

liabiliTies Accounts payable and accrued expenses 41,704 73,209

ToTal neT asseTs $ 5,734,027 $ 5,262,608

sTaTeMenT oF aCTiViTiesFor the year ended December 31, 2014 with comparative totals for 2013(Expressed in CAD dollars)

2014 2013suPPorT anD reVenue General contributions 478,523 489,478 Investment & other income, net 550,012 548,437

Total support and revenue $ 1,028,535 $ 1,037,915

eXPenses Academic Scholarship Awards 242,500 200,000 Technical Training & Vocational Scholarship Awards 10,000 10,000 College of The Bahamas Scholarship Grant 28,654 25,350 FOCUS Education Initiative 121,803 – Other programme expenses 20,183 17,500

Total programme expenses $ 423,140 $ 252,850 Management and general 133,976 158,074

Total expenses $ 557,116 $ 410,924

Change in net assets 471,419 626,991 Net assets, beginning of year 5,262,608 4,635,617

net assets, end of year $ 5,734,027 $ 5,262,608

04 financials FiNaNCiaLS aT a gLaNCE continued

BOardS & STaFF


05 who we are

Lyford Cay Foundation Inc.

Basil P. GoulandrisChairMan

Sarah a. FarringtonviCe Chair

Jeffrey a. everettPreSidenT

John T. Crone ivTreaSUrer

alexander neaveSeCreTary

e. Parker neaveaSSiSTanT SeCreTary

Philippe Bonnefoy Arthur F. Coady Rudolph F. Crew Frank CrothersNorma T. Dana Diana DelanoIan D. FairAlessandra J. G. Holowesko Lynn Holowesko Nancy KellyDavid W. Laughlin Arthur D. Little Yves Lourdin Kylie A. Nottage T. Brent Symonette Patricia Thomson LeonardJudith Whitehead

eX-oFFiCioRobert Smith

honorary direCTorSDorothy Booth Penelope Dauphinot Gundel S. Dorrance Peter G. Goulandris Sheila Hailey Alexander M. Laughlin Monique S. MooreSir Orville Turnquest

The Canadian Lyford Cay Foundation

robert SmithPreSidenT

Catharina BirchallviCe PreSidenT

Julie Carmichael-nortonviCe PreSidenT

Gregory nihonTreaSUrer

Philip WardSeCreTary

Barbara Ann BernardFrank CrothersBrendan Dunn Mary Hall Ross A. McDonaldBruno Meier Clifford RaeLoretta A. RogersMartha L. RogersPatricia Thomson Leonard Dean TseretopoulosApril UnwinTimothy N. UnwinDavid Willmott

eX-oFFiCioJeffrey A. EverettBasil G. Goulandris

honorary direCTorSColleen CarmichaelStuart Dunn

BOARDS OF DIRECTORS PROFESSIONAL TEAMLyford Cay Foundations

Maureen FrenchManaGinG direCTor

Felicity humblestoneProGraMMe direCTor, FoCUS

kendra MossoPeraTionS CoordinaTor, FoCUS

Giavana JonesProGraMMe direCTor, SChoLarShiPS and GranTS

v. amanda MarraydireCTor, deveLoPMenT and CoMMUniCaTionS

yolanda darvilledeveLoPMenT and CoMMUniCaTionS aSSoCiaTe

Carlos W. MunningsFinanCiaL ManaGer

on FronT Cover:FOCUS Programme students:Standing (L to R) Toriano Burrows, Ishmael Gibson

and Cy YoungSitting (L to R) Jasmine Roker, Jatao Glinton and

Xamara Nichols

CrediTS:Printing & Fulfilment Prism Digital Communications, LLC

Cover Photography Dominic DuncombeStop Motion Productions

Content Photography Scholars and GranteesBahamas Visual ServicesDante CarrerDominic DuncombeLyndah Wells

Graphic Design Dionne Benjamin-Smith Smith & Benjamin Art & DesignLyford Cay ScholarRhode Island School of Design, 1991


We welcome the opportunity to meet you andspeak with you. We are happy to answer yourquestions and share our work with you.

To reach us:

CaLL T 242.362.4910F 242.362.5449

[email protected]

MaiLP. O. Box N 7776, Nassau, The Bahamas

viSiT USTempleton Global Advisors BuildingWest Bay Street, Lyford CayNassau, The Bahamaswww.lyfordcayfoundation.orgwww.facebook.com/LyfordCayFoundations

CONTaCT uS

rEgiSTErEd OFFiCESLyFord Cay FoUndaTion, inC.T 212.682.0020F 212.682.9380

Mail/Courierc/o Putney, Twombly, Hall & Hirson, LLP521 Fifth Avenue, 10th FloorNew York, NY 10175Attn: Alexander Neave, Secretary

The Lyford Foundation, Inc. is an American non-profit public charity incorporated in the State ofNew York. Contributions to the Lyford CayFoundation, Inc. are tax deductible under Sections501 (c)(3) and 170 of the United States InternalRevenue Code. Also, the Lyford Cay Foundation,Inc. is a not a private foundation as defined inSection509 (a) of the Internal Revenue Code.

Federal i.d. # 23-7025275State registration: 041714-00

The Canadian LyFord Cay FoUndaTionT 416.933.2923F 416.933.2226

Mail/CourierExchange Tower130 King Street West, 20th FloorP. O. Box 430Stn First Canadian PlaceToronto, Ontario M5X 1K1Attn: Susan Rowbottom, Administrator

The Canadian Lyford Cay Foundation is a non-profit, charitable organization governed by the Canada Corporations Act and itsRegulations. It is a registered charity under the Income Tax of Canada.

Cra Bn/registration # 11921 9301 rr0001

06 contact us

Our viSiONEvery Bahamian is empowered to reach his or her full potential.

Our miSSiONInvesting in learning opportunities for Bahamian children, families, young adults and communities who will benefit from them the most.

Documents

In(pi'ed)Philan*h'op/)fo')a)Be**e')Bahama(...Together, we are helping to build a better Bahamas for years to come. Basil P. Goulandris CHAIRMAN Lyford Cay Foundation, Inc. Jeffrey