May 03, 2017
Red Ribbon Asset Management is a proud sponsor of this year’s Books4Kids Jamaica Online Charity Auction. Given the Impact Investment strategies that sit at the heart of the company’s approach to portfolio management, which is about securing sustainability and measurable impacts by way of the projects it invests in, Red Ribbon supports the work of the Palmyra Foundation that aims to create future sustainability by enabling children from challenging backgrounds to realise their full potential.
Through the programme, each child receives a 360-page BrainQuest Workbook which they use during the entire school year, a reading book; a pencil and crayons collected in a colourful shoulder bag; little enough in themselves, but this small package can liberate their minds and empower them to rise to their full potential. As the Palmyra Foundation puts it: “The future is bright when you can read and write”.
It is interesting that two of the outstanding young entrepreneurs Red Ribbon are currently helping through its Supporting Young British Talent Programme are themselves British Jamaican: Sophie and Natasha Philpotts–Dowding, founders and co-directors of design studio Phillpotts Dowding Limited are perfect ambassadors for the power and potential of a new generation of business talent; a compelling example of the potential that Books4Kids Jamaica can unharness. Phillpotts Dowding Limited is donating an Interior Design Package worth £10,000 and a hand made Bespoke Suit worth £5,000 towards the auction.
With no grants from government bodies, Palmyra Foundation raises all money to purchase books and educational materials for 4 and 5 year old Kindergarten children in Jamaica through its annual Online Charity Auction. This year’s Online Charity Auction ended on the 6th of May; Please check out their website for future auctions.