On a day dedicated for a sustained period of giving, the LyfordCay Foundations (LCF) gave University of The Bahamas (UB) a half-million dollar grant onTuesday 29th November that will be used for student scholarships, academic necessities and toenrich the student experience.
The LCF is one of UB’s legacy donors and a valued partner in higher education. Its generous giftwas made on UB’s Day of Giving, also observed internationally as Giving Tuesday.
“We could not think of a better day to present this grant to University of The Bahamas than onGiving Tuesday, the day when individuals, corporations and non-profits come together totransform communities through giving,” LCF Chairman, Mr. Basil Goulandris said.
Mr. Goulandris added that the donation means LCF’s partnership with UB now extends beyondtraditional scholarship grants. The new grant will be used to fund study abroad opportunities,meal plans and university bridging scholarships for students who are in need and maintain agood academic standing.
“Our grants to the College of The Bahamas, and now the University of The Bahamas, haveaimed to help people achieve their dreams and obtain skillsets most needed in our country,” saidMr. Goulandris. “Our grants have enabled needs-based scholarships with the aim of equalizingopportunities for Bahamians.
“So much can be said about the breadth of our association with the University of The Bahamas.The Lyford Cay Foundation is passionate about education, and we value the role University ofthe Bahamas plays in our national development.”
Tuesday’s donation brought the LCF’s investment in UB and its predecessor, COB, to over $10million. Over the past 25 years, the LCF has funded hundreds of student scholarships, the VirtualLibrary Project, as well as the completion of the Harry C. Moore Library and InformationCentre, fittingly named after the late, former Chairman of the LCF.
“This is, quite frankly, phenomenal, and a reflection of the value and importance that Lyford CayFoundations and its donors place on access to quality education within The Bahamas, in additionto beyond its shores,” said UB President Dr. Erik Rolland. “We are honored at the longevity ofthis partnership, and are proud of the work both of our organizations are committed to thedevelopment of young Bahamians by providing these opportunities for higher education.”
Chair of UB’s Board of Trustees, Mrs. Allyson Maynard-Gibson, K.C., said Tuesday’s donation,though significant, pales in comparison to the near 30-year partnership between the two entitiesthat continues to produce meaningful avenues to academic and professional success forBahamian university students.
“This is a partnership and shared vision of immense value,” said Mrs. Maynard-Gibson. “This isthe work and the support that builds leaders, develops a country, and transforms the world.
Today, we’ve taken another step forward in this important work. We’re truly honored to bedoing this work with the Foundation, and on our UB Day of Giving, and Giving Tuesdayinternationally, we celebrate you and your donors for your philanthropic leadership.”LCF Executive Director Dr. Nicola Virgill-Rolle, a UB alumna and LCF scholar, said she wasdelighted to be a part of Tuesday’s donation ceremony.
“As a beneficiary of the important work of Lyford Cay Foundations, and University of TheBahamas, I know first hand why moments like these matter,” said Dr. Virgill-Rolle. “I benefitedgenerously from Lyford Cay Foundations donors who helped students like me achieve ourdreams. As an alumna of the College of The Bahamas now University of The Bahamas, I alsobenefited from the outstanding education that this institution provides.”
Under the grant arrangement, scholarship funding may be applied to tuition and fees, books andsupplies directly related to the course of study and UB meal plans.
University of The Bahamas has been intentional in forging new partnerships and strengtheningexisting ones to increase the capacity to fulfil its mission of supporting and driving nationaldevelopment. The LCF grant comes during UB Charter month during which the institutionmarked its sixth anniversary.
On a day dedicated for a sustained period of giving, the Lyford
Cay Foundations (LCF) gave University of The Bahamas (UB) a half-million dollar grant on
Tuesday 29th November that will be used for student scholarships, academic necessities and to
enrich the student experience.
The LCF is one of UB’s legacy donors and a valued partner in higher education. Its generous gift
was made on UB’s Day of Giving, also observed internationally as Giving Tuesday.
“We could not think of a better day to present this grant to University of The Bahamas than on
Giving Tuesday, the day when individuals, corporations and non-profits come together to
transform communities through giving,” LCF Chairman, Mr. Basil Goulandris said.
Mr. Goulandris added that the donation means LCF’s partnership with UB now extends beyond
traditional scholarship grants. The new grant will be used to fund study abroad opportunities,
meal plans and university bridging scholarships for students who are in need and maintain a
good academic standing.
“Our grants to the College of The Bahamas, and now the University of The Bahamas, have
aimed to help people achieve their dreams and obtain skillsets most needed in our country,” said
Mr. Goulandris. “Our grants have enabled needs-based scholarships with the aim of equalizing
opportunities for Bahamians.
“So much can be said about the breadth of our association with the University of The Bahamas.
The Lyford Cay Foundation is passionate about education, and we value the role University of
the Bahamas plays in our national development.”
Tuesday’s donation brought the LCF’s investment in UB and its predecessor, COB, to over $10
million. Over the past 25 years, the LCF has funded hundreds of student scholarships, the Virtual
Library Project, as well as the completion of the Harry C. Moore Library and Information
Centre, fittingly named after the late, former Chairman of the LCF.
“This is, quite frankly, phenomenal, and a reflection of the value and importance that Lyford Cay
Foundations and its donors place on access to quality education within The Bahamas, in addition
to beyond its shores,” said UB President Dr. Erik Rolland. “We are honored at the longevity of
this partnership, and are proud of the work both of our organizations are committed to the
development of young Bahamians by providing these opportunities for higher education.”
Chair of UB’s Board of Trustees, Mrs. Allyson Maynard-Gibson, K.C., said Tuesday’s donation,
though significant, pales in comparison to the near 30-year partnership between the two entities
that continues to produce meaningful avenues to academic and professional success for
Bahamian university students.
“This is a partnership and shared vision of immense value,” said Mrs. Maynard-Gibson. “This is
the work and the support that builds leaders, develops a country, and transforms the world.
Today, we’ve taken another step forward in this important work. We’re truly honored to be
doing this work with the Foundation, and on our UB Day of Giving, and Giving Tuesday
internationally, we celebrate you and your donors for your philanthropic leadership.”
LCF Executive Director Dr. Nicola Virgill-Rolle, a UB alumna and LCF scholar, said she was
delighted to be a part of Tuesday’s donation ceremony.
“As a beneficiary of the important work of Lyford Cay Foundations, and University of The
Bahamas, I know first hand why moments like these matter,” said Dr. Virgill-Rolle. “I benefited
generously from Lyford Cay Foundations donors who helped students like me achieve our
dreams. As an alumna of the College of The Bahamas now University of The Bahamas, I also
benefited from the outstanding education that this institution provides.”
Under the grant arrangement, scholarship funding may be applied to tuition and fees, books and
supplies directly related to the course of study and UB meal plans.
University of The Bahamas has been intentional in forging new partnerships and strengthening
existing ones to increase the capacity to fulfil its mission of supporting and driving national
development. The LCF grant comes during UB Charter month during which the institution
marked its sixth anniversary.
