E News November December 2022
- December 30, 2022
Since inception the Foundation has been committed to addressing a broad range of social needs. In recent times it has adopted a policy of concentrating on projects of national and regional significance.
The Foundation was created by a merger of the ANSA Foundation, formed in 1986, to assist charitable causes and the McAL Foundation, formed with similar aims in 1981. The merger was effected on November 17, 1993. A year later Dr. Sabga was responsible for the rejuvenation of the Guardian Neediest Cases Fund, a long-standing charitable project of the Trinidad Publishing Company Limited; publishers of the Trinidad and Sunday Guardian newspapers.
Notable achievements include:
The Foundation is chaired by Mr Andrew Sabga Deputy-Chairman of the ANSA McAL Group. Mr A Norman Sabga (LLD, Hon, UWI), Chairman and Chief Executive of the ANSA McAL Group, is its patron.
From 1991 to 2003 the Foundation received 1% of the profit of the ANSA McAL Group. By investing this endowment, the Foundation is now self-financing, and able to undertake in perpetuity the significant commitment of the ANSA Caribbean Awards for Excellence programme.