GraceKennedy Group - GraceKennedy Emphasizes Family as Foundation Awards Academic Bursaries to Children of Staff Members
Monday, 03 September 2018 21:44

GraceKennedy Emphasizes Family as Foundation Awards Academic Bursaries to Children of Staff Members

The GraceKennedy Foundation held its annual Carlton Alexander Memorial Bursary Awards Ceremony at GraceKennedy Limited’s (GKL) HQ in downtown Kingston on August 31, 2018.  Twenty children of the Group’s employees received academic bursaries valued at a total of $1.2 million for the 2018-2019 academic year.  


Speakers at the event highlighted the need for parents to invest time and instill good family values in their children.

“What Jamaica needs is more honesty, integrity, trust, humility, and commitment. That starts at home,” said Gail Moss-Solomon, General Counsel and Chief Corporate Secretary at GraceKennedy Limited (GKL) - referring to the Company’s core values. She continued by sharing a viral video featuring the daughter of Brand Ambassador of First Global Bank Limited (FGB) Agent Sasco and his wife Nicole McLaren-Campbell. “When I look at this video I see more than a cute and clever little girl. It is about spending time with your children, motivating them and encouraging them to express themselves in positive ways. This is how we grow leaders and build a better Jamaica,” she pointed out.

Hard Workers Reap Awards -  The 2018 Carlton Alexander Memorial Bursary Awardees pictured alongside their parents and extended GraceKennedy family on August 31, 2018 at the awards ceremony.

Dr. Fred Kennedy, Chair of the GraceKennedy Foundation, also spoke at the Awards Ceremony.  In addressing the parents of the awardees, Dr Kennedy thanked them for the “motivation, guidance and reinforcement that your children need to do well.” He added, “Even as they grow and become more independent, they continue to need your counsel and direction. Parental support and guidance is the common factor that links all successful students.”

The bursaries were awarded to students attending secondary and tertiary level educational institutions. Bursary recipients from grades seven to 11 received $50,000 each, while those in sixth form got $80,000 for each of their two years. Those recipients attending tertiary-level institutions each received $100,000. 

The selection of applicants is based on the merit of their academic performance, participation in extracurricular activities, and leadership potential. Having received an initial bursary through the foundation, students are eligible to continue receiving the benefit as long as they maintain a minimum average of a B or its equivalent.

All Smiles For Success – Dr. Fred Kennedy (right), Chairman of the GraceKennedy Foundation, presents Tariq Haye (centre) with his Bursary Award as his father Wayne Haye (left), of Allied Insurance Brokers looks on proudly

This is the 28th year since the introduction of these bursaries, named in honour of the late Carlton Alexander. Well known for his philanthropy and business acumen, Alexander, who rose from stock clerk to become Chairman and CEO at GKL, is credited for saying, “What is good for Jamaica, is good for GraceKennedy.” Following Mr Alexander’s passing in 1989, GKL established the Carlton Alexander Memorial Fund.  This provides funding for this bursary programme, an annual scholarship, awarded to a graduate of Jamaica College, and the endowment of the Carlton Alexander Chair in Business Management at The University of the West Indies (UWI).

Established in 1982, GraceKennedy Foundation has as its aim, to be a world-class corporate foundation committed to the wellbeing of individuals and communities by creating environmentally sustainable programmes, promoting healthy lifestyles and increasing access to education.