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Cayman Funds 2016

HEDGE FUNDS CARE Cindy Hislop is a partner at Deloitte and a board member of HFC Cayman. She can be contacted at: lhislop@deloitte.com CAYMAN FUNDS | 2016 71 system. In 2015, HFC Cayman distributed approximately $340,000 in grants to the following 10 organisations: • Cayman Islands Crisis Centre—The Children and Youth Programme • Cayman Islands Red Cross—‘Protection Starts Here’ Campaign • Children and Youth Services Foundation—Expansion of the Frances Bodden Children’s Home • Department of Children and Family Services—Central Referral Unit • Department of Counselling Services—Family Resource Centre • Health Services Authority—Child Sexual Abuse Intervention and Treatment Programme • Ministry of Education, Employment and Gender Affairs—Child Protection Unit • National Council of Voluntary Organizations—Nadine Andreas Residential Foster Home • Royal Cayman Islands Police Service—Child Exploitation/Cyber Crime • Special Needs Foundation of Cayman—Child Abuse Prevention for Children with Disabilities Forward planning To mark its 10th anniversary in 2014, HFC Cayman hosted a stakeholders meeting which was attended by representatives from government, HFC Cayman grantees, and other private wellness practitioners, as well as HFC Cayman’s academic consultant and child welfare expert, Dr Bart Grossman. The participants discussed ongoing key issues and identified gaps in programme services and support. Plans were made for the future in terms of how the priorities identified could be financially supported and how all participants could better collaborate to ensure the priorities are achieved. In 2015 HFC Cayman hosted a follow-up meeting with the stakeholders which focused on the four themes that emerged from the 2014 meeting: • Development of a unified and coordinated approach including a physical place where agencies can be co-located for ease of access by clients and to simplify collaboration, including quick and safe child interviewing. • Expansion of public awareness of child abuse in the Cayman Islands, combating denial and to have a certification for ‘child safe’ settings based on common requirements. • Development of training programmes and certification of professionals on-Island. • Improvement of legal response to perpetrators, with appropriate sentencing and rehabilitation programmes. Dr Grossman, who ran the meeting, indicated that the Cayman grants committee would pay special attention to new proposals that addressed these themes going forward. Renee Skolaski, executive director and CEO of HFC who was also in attendance, suggested that agencies might work together on joint proposals. “It has been extremely heartening to see government, community agencies and the financial industry working in partnership, setting and meeting goals to enhance services for maltreated children and to prevent child abuse,” Dr Grossman said. Gala occasion The 2015 Annual Gala Dinner and Auction was held at the Ritz Carlton with a ‘Midnight in Paris’ theme. Items being auctioned included an Audi TT and a Cayman Islands Catboat—the first built on-Island in more than 20 years. The event was attended by many of Cayman’s dignitaries and representatives from the local hedge fund industry. Skolaski, new to her role with HFC, attended the Cayman event for the first time. “The generosity and enthusiasm of everyone at the Cayman event was truly inspiring,” she said. “I have had the privilege of meeting the grantees and seeing the work first hand and I know how significant the HFC Cayman support is to preventing and treating child abuse on the Island. I look forward to watching that impact grow in the coming years through the generosity of the hedge fund industry.” In his opening remarks at the Gala, Nicholas Butcher, co-chair of the Committee of Hearts—the committee tasked with organising the event— said, “We are pleased not only with respect to the dollar amount raised to support the primary cause—impressive enough on its own—but in seeing how awareness of the need for, and cross agency cooperation with respect to, the prevention and treatment of child abuse and neglect has grown and improved over that time.” The evening was an enormous success and again raised over $300,000 for the charity. The grant committee will soon begin their rigorous evaluation and due diligence process for potential grantees and determine how these funds will be distributed. The grant cycle should be concluded by the end of April after which a press release will follow to announce the recipients. HFC Cayman committees are made up of senior executives and professionals from a wide range of organisations within the Cayman Islands hedge funds community including Carne, Deloitte, Elian, EY, Harbour, Harneys, Highwater, KPMG, Maples, Mourant, MUFG, Ogier, PwC and Walkers. For further information on Hedge Funds Care visit www.hfc.org Main image: Nicholas Butcher making the opening remarks at the 2015 Annual HFC Gala Dinner and Auction, held at the Ritz Carlton. Inset, below: from left, Renee Skolaski, Dr Bart Grossman, Geoff Ruddick and Nicole Ruddick


Cayman Funds 2016
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