Local lawyers hand over sizeable cheque to NRF

| 30/11/2008

(CNS): The charitable arm of one local law firm has made a donation of US$100,000 to the Cayman Islands National Recovery Fund in order to help the people of Cayman Brac that have been affected by the devastation of Hurricane Paloma. The Walkers Charitable Foundation said that with many Brac connections on the staff of the law firm it was glad to be able to assist with the recovery effort.

Grant Stein, global managing partner at Walkers and a Trustee of the Walkers Charitable Foundation said: "The storm passed so close to us here in Grand Cayman on the 7 November and it could have very easily been our neighbours on the Sister Islands that were once again helping us to rebuild and recover."

Walkers said that supporting the Cayman Islands National Recovery Fund is the best way of ensuring that the money gets straight to the people and rebuilding projects on the Brac that are in such desperate need.

"We are deeply gratified at the way that the business community in Cayman has stepped forward to play its part in the recovery effort, particularly in the current difficult economic climate," said Dr. Mark Laskin, Executive Director of the Cayman Islands National Recovery Fund. "So many of the people affected by Hurricane Paloma were elderly or infirm and the need in the Brac is quite substantial, perhaps even more so – on a per capita basis – than Grand Cayman after Ivan. In a small community like Cayman it is crucial that companies, such as Walkers has so generously done, are able to be responsible and responsive corporate community citizens"

The Walkers Charitable Foundation was established in March 2004 to receive and consolidate charitable donations arising out of client transactions in order to benefit worthy charitable causes. "As a group headquartered in Cayman, Walkers believes that this method is a particularly appropriate mechanism for members of the financial services industry in Cayman to give back to the community for the benefit of all Caymanians, particularly those in such dire need as the victims caught in Hurricane Paloma’s destructive path," said Nancy Lewis, chairman for the Walkers Charitable Foundation Donation Committee.

In recent years, the Walkers Charitable Foundation has made a number of substantial donations to charitable and community causes in Cayman such as the National Gallery of the Cayman Islands and the Cayman Islands Hospice.


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