The Cable Bahamas Cares Foundation wants you to know that the grants that have been given out thus far represent the mandate of the Foundation as it continues foster the development and encouragement of that most precious of Bahamian natural resources, Bahamian youth.
The Cable Bahamas Cares Foundation (CBCF) is a non-profit charitable funding organization, specifically focused on the funding of youth oriented individual and organizational educational programs, including educational research and publications.
The establishment of the foundation in 1997 came after much deliberation as to how Cable Bahamas Ltd. could fulfill its role as corporate citizen in a truly significant way. What Cable Bahamas sought to do was to give back to the community in a way that was productive, developmental and accessible to Bahamian youth, yet lasting in its effect on the community.
The foundation derives its base funding through an agreement with Cable Bahamas Ltd. which donates 1% of its net income to the foundation annually. Nevertheless, the Cable Bahamas Cares foundation operates as a totally independent funding body. CBCF holds formal application review meetings on a quarterly basis only.
Since its inception the Cable Bahamas Cares Foundation has disbursed $2,704,742.28. (YTD March 2017) through the awarding of grants to local community organizations. CBCF passed the $2,000,000.00 mark in grant award dollars awarded in 2016. Currently the average grant is approximately $2,000.00.
The Cable Bahamas Cares Foundation wants you to know that the grants that have been given out thus far represent only the beginning of what the foundation hopes to do, in the many years to come, to foster the development and encouragement of that most precious of Bahamian natural resources…Bahamian youth.
Current Board Members:
Sandra Knowles is the current Chairperson of the Cable Bahamas Cares Foundation Board. The current Board is made up of seven members:
(Note: All Board members are resident in the Bahamas and no employee of Cable Bahamas can serve as a voting member on the Board. The registered office of The Cable Bahamas Cares Foundation is situated at the premises of Cable Bahamas Ltd., Robinson and Marathon Estates, Nassau, Bahamas.)
The Cable Bahamas Public Affairs Department provides administrative PR support for all CBCF activities.