0

LOUIS BACON GIVES $120,000 TO ROTARY’S REBUILDING EFFORT

LOUIS Bacon’s Moore Bahamas Foundation yesterday announced its donation of $120,000 to the Rotary Clubs of the Bahamas for the rebuilding of the southern islands devastated by Hurricane Joaquin.

“My family and I think of The Bahamas as a second home, and so we wanted to do whatever we could to reassure those affected by the devastation caused by the hurricane that they have remained in our hearts, and we are happy to support Rotary’s efforts to rebuild homes, lives and communities,” said Mr Bacon in a press release.

“We are very pleased to announce our donation to the Rotary Clubs of the Bahamas. We fully support their focus on economic recovery, specifically of the fishing, agriculture and livestock industries damaged by the storm,” said Mr Bacon.

Teaming with the Bahamas Chamber of Commerce, the Rotary Clubs have outlined plans for permanent solutions for potable water, the resupplying of schools and re-opening of businesses.

This includes replacing fishing vessels that were destroyed in the storm and providing microfinance loans for small businesses. Rotary District Governor Felix Stubbs said the funds would allow them to apply for grants from Rotary International as well.

“We are extremely grateful to Mr Bacon and the Moore Bahamas Foundation for this generous and timely donation,” said Mr Stubbs in a press release.

“This will go a long way toward enhancing our efforts to restore commerce and rebuild lives of those who were so devastated by this hurricane and the damage it wreaked on the southern Bahamas.”

“The worst of times often brings out the best of humanity,” said Mr Bacon. “We have been so impressed by the level of involvement of ordinary citizens who have taken time out from their businesses and families to help others. We now look forward to seeing some of these plans and projects come to life as people rebuild for a better future.”

In order to diversify support and strengthen recovery efforts, The Moore Bahamas Foundation plans to announce two additional donations for hurricane relief later this month, bringing to a total of $250,000 toward restoration and rebuilding efforts.

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment