As usual at the start of the school year, the private sector has been generous in its donations to assist needy students. GraceKennedy is, as always, a great corporate citizen year-round – not just for back to school. Here’s a release and some photographs (provided by ProComm) from their presentation to schoolchildren earlier this week.
KINGSTON, JAMAICA, AUGUST 30, 2016:
The GraceKennedy Foundation awarded 26 Carlton Alexander Bursaries, valued at a total of $1.5 million, to assist employees across the GraceKennedy Group with their children’s back-to-school expenses for the 2016/2017 academic year. The bursaries were presented to the students during a ceremony at GraceKennedy’s Head offices at 73 Harbour Street on August 30, 2016.
Named in honour of the late Carlton Alexander, former Chairman and Chief Executive of GraceKennedy Limited, the bursaries are given to students attending secondary and tertiary level educational institutions. The bursaries given to students in high school, from grades 7 to 11, are valued at $40,000 each. Students in sixth form receive $60,000 for each of their two years. The bursaries given to students attending tertiary level institutions are valued at $100,000 each.
The bursary awards are given as a means of encouraging academic excellence among the dependents of GraceKennedy staff. The bursaries are highly competitive and candidates for the awards are judged on their academic performance, participation in extra-curricular activities, and leadership potential, among other criteria. Having received an initial bursary through the Foundation, the beneficiaries can continue to receive additional awards throughout their years at school. Mrs. Caroline Mahfood, Executive Director of the GraceKennedy Foundation, pointed out that the process was not automatic as in order to receive a renewal, the student must maintain at least a B average. According to Mrs Mahfood, “The bursary award is a good incentive for students to perform at their best. Most of the recipients work hard at obtaining good grades in order to receive the bursaries each year.” Mrs. Mahfood pointed out that the Carlton Alexander Bursaries exemplified the Group’s “We care” philosophy as tangibly benefiting staff members and their families. “It also demonstrates GraceKennedy’s commitment to using education as a vehicle for nation building,” she added.
The GraceKennedy Foundation actively promotes well-being, primarily by supporting educational and environmental programmes and processes. It was established as a corporate- endowed foundation by Carlton Alexander in 1982 to mark the 60th anniversary of GraceKennedy Limited.
Tel: 932-3178 (office) 809-0464 (mobile)
Contact: Dionne Rhoden
Corporate Communication Officer