Republic Bank Limited
Personal Commercial Corporate
 
The Power to Make a Difference
 
 

History

BACKGROUND

As Republic Bank Limited grows, so does our regional reach. In an increasingly borderless world, our Bank, its products and services increasingly engage with more markets, communities and people than ever before. As we go about our daily business of meeting the needs of our employees, customers and shareholders in a responsible and caring manner, we are conscious of our responsibility to leave this world a better place than we found it - by helping to build successful and thriving communities in all of the markets that we serve, and which continue to support us.

Social investment has always been an integral part of Republic Banks DNA. We firmly believe that we have a part to play in helping struggling communities to enhance the quality of life for themselves and future generations and in building a system of ethics that will endure well into the future. Our Power to Make a Difference Programme is the primary mechanism through which we achieve this objective. Through this programme we focus on three specific areas of need namely:

  • The development of young people through education, sport and the arts
  • Poverty alleviation through training programmes for at risk youth and the provision of facilities for elderly members of communities
  • Helping differently-abled persons and groups find their place in this world. We use the mechanism of training and provision of physical facilities to help them to become more self sufficient and to themselves contribute to the society of which they are a part.

While Republic Bank's focus on social investment is as old as the Bank itself (since 1837) our Power to Make a Difference Programme which embraces the specific areas identified above was introduced in our 2004 financial year, and over the period 2004 to 2008 invested over TT$52 million in social programmes in Trinidad and Tobago alone.

The second phase of this programme commenced in 2009 embracing the five year period up to 2014. The Bank's committed investment for that period is an unprecedented TT$100 million.

In 2009, International Business Awards recognized the work of the Power to Make a Difference programme in enhancing the lives of myriad communities and providing opportunities to lift at-risk young people out of their quagmire of despair, through the presentation of the Stevie Award for the Best Social Investment Programme in South America.

The Power to Make a Difference Programme has also been introduced in other countries in which Republic Bank has operations namely: Grenada, Guyana and Barbados, with similar focus on youth development, poverty alleviation and the differently-abled.

Motivational speaker, Anthony Robbins once said, “Life is a gift, and it offers us the privilege, opportunity and responsibility to give something back by becoming more”. Republic Bank has been privileged to share the lives of hundreds of thousand of person through our banking services and to enhance the lives of tens of thousands through our Power to Make a Difference programme, making us more than just a bank.

USING THE POWER

Built on the four pillars the Power to Care, the Power to Help, the Power to Learn and the Power to Succeed, Power to Make a Difference has succeeded, because it has and continues to give Republic Bank an earnest opportunity to embrace the communities in fellowship, and to drive the cause of social investment forward into 21st Century.

Youth Development through Education and Culture is channelled by the Power to Learn; Business Development and Sport through the Power to Succeed; Poverty Alleviation and assistance to the socially marginalised comes under the Power to Help; with Healthcare, care for the Elderly and the needs of the Differently able represented by the Power to Care.

Projects undertaken in 2012/2013 fiscal:


POWER TO CARE

  • Arts Insight – ‘Through Art There is Realisation’ programme
  • National Centre for Persons with Disabilities – resource upgrade of the assessment unit
  • Olive’s House – construction of the multi-purpose hall
  • The Cotton Tree Foundation - Bathroom facilities for Differently-abled Access
  • L.I.F.E. Centre – Construction of a school for Autistic children
  • Persons Associated with Visual Impairment – Stepping Out Programme
  • St. Ann’s Cascade Motivational Programme - Sponsorship of remedial classes           
  • Autistic Society of Trinidad and Tobago – Therapy sessions           
  • Republic Bank Make a Difference Fund for Sick Children - partnership with Hope of a Miracle Foundation, Helen Bhagwansingh Diabetes, Education, Research & Prevention Institute. & Transplant Links
  • Dyslexia Association - Visualising and Verbalising Training for Teachers
  • Cancer Society - Edufest & Walk against Cancer
  • Eternal Light Community – Goshen Home for Women (roof repairs)

POWER TO HELP 

  • St Joseph's Convent Retreat and Holistic Development Centre – Construction of Conference Hall
  • Church of the Nazarene - Construction of the Multipurpose Community Building
  • Eternal Light & Word of Life Communities - Repairs to the Goshen Home
  • Habitat for Humanity – Construction of homes        
  • New Life Ministries Drug Rehabilitation Centre –Facility Upgrade
  • Providence Girls' Catholic School - Expansion of ‘A’ Level facilities
  • South East Port Of Spain Cultural Workshop Inc. – Upgrade of facilities
  • T & T Transparency Institute (TTTI) - Youth against Corruption Today programme
  • Vision on Mission - Treatment Centre for Women    
  • Loveuntil Foundation – Peer pressure student intervention programme

POWER TO LEARN

  • Emancipation Support Committee - National African Quiz & Spoken Word Competition 
  • Sacred Heart Girls’ RC School - Reaching Every Child
  • St. Andrews Private School - Special Needs Education Workshop
  • Adult Literacy Teachers Association- Remedial Classes
  • Sanch Electronix – development of the Pete the Pan Stick software programme
  • Love Movement & Berkeley Music Scholarship - investment in a Youth Outreach Programme & provision of music scholarship
  • Adult Literacy Tutors Association (ALTA) - funding of a literacy programme for rehabilitated drug users 
  • Butler Institute of Learning and Labour - investment into a remedial studies programme 
  • Sanatan Dharma Maha Sabha - Baal Vikaas Vihaar Festival 
  • Dyslexia Association - investment into a workshop to train teachers in identifying and teaching dyslexic children 
  • Cotton Tree Foundation - investment into a homework centre programme 

POWER TO SUCCEED

  • Angels on Earth Foundation – Purchase of a bus                  
  • Naparima College – Purchase of a Bus          
  • Presentation College San Fernando - School Refurbishment
  • Tackveeyatul Islamic Association - Warrenville T.I.A. Primary School
  • HERO Film Ltd - Ulric Cross: A Hero for All Time – documentary
  • Marlins Swim Club – Upgrade of pools
  • Republic Bank Exodus – Sponsorship of band         
  • Republic Bank Arrows Basketball Team
  • Republic Bank Laventille Basketball league
  • Republic Bank Laventille Netball League
  • Republic Cup Youth Football Tournament
  • Republic Cup Youth Football Clinics
  • Jane Young Golf
  • Starting New at Golf (SNAG) Clinics
  • Caribbean Amateur Junior Golf Championship - Sponsorship of the National Team
  • Republic Cup Football Coaches Seminar

Projects undertaken in previous years:

Power to Learn:

  • A.L.T.A - funding of a literacy programme for rehabilitated drug users  
  • Butler Institute of Learning and Labour - investment in the National Literacy programme  
  • Sanatan Dharma Maha Sabha - Baal Vikaas Vihaar Festival  
  • Dyslexia Association - investment into a workshop to train teachers in identifying and teaching dyslexic children  
  • Cotton Tree Foundation - investment into a homework centre programme  
  • Institute of Business - Construction of business library  
  • National Carnival Bands Association (NCBA) – sponsorship of the Republic Bank Right Start Junior Parade of Band
  • St. Mary's Children Home - construction of a technical vocational workshop  
  • Little Carib Theatre - Renovation to theatre  
  • Bishop Anstey and Trinity College East - contributed to the conversion of the school auditorium to serve as a theatre, exhibition hall and banquet space  
  • Kids in Need of Direction - construction of a classroom & sponsorship of the 'Ready to Read' & 'Cyber Place' project
  • St. Ann's/Cascade Motivational Programme - sponsorship of a remedial literacy programme  
  • Republic Bank/UWI World of Work
  • Love Movement & Berkeley Music Scholarship - investment in a Youth Outreach Programme & provision of music scholarship
  • Bocas Lit Fest - sponsorship of the first Literary Festival
  • Lady Hochoy School – Arima - purchase of SMART boards and upgrade of school facilities
  • Bethel Empowerment Skills Training Programme – facility upgrade & purchase of equipment
  •  Sanch Electronix – development of the Pete the Pan Stick software programme

Power to Succeed:

  • Republic Bank Trinidad and Tobago Jr. Golf Open
  • Republic Cup Youth Football Camps
  • Republic Rightstart Cup Youth Football Tournament
  • U.W.I. Projects - World of Work   
  • St. Mary’s College -purchase of a school bus
  • Queen’s Royal College -purchase of a school bus
  • St. Joseph’s Convent -purchase of a school bus
  • Dalton Grant Track and Field Academy
  • Caribbean Amateur Junior Golf Championship - Sponsorship of the National Team
  • YMCA Tobago Sporting facility -construction of a wading pool
  • Republic Bank Arrows Basketball Team
  • Republic Bank Laventille Basketball league
  • Republic Bank Laventille Netball League
  • Republic Cup Football Coaches Seminar
  • Memphis Pioneer Club – upgrade of facility and purchase of equipment
  • Tackveeyatul Islamic Association - Warrenville T.I.A. Primary School

Power to Help:

  • Loveuntil Foundation - investment into a centre for drug users
  • Love Movement - Youth Outreach programme
  • Family Life Commission - provision of a parenting programme
  • Credo Centre for Justice - construction of a room for the Credo Centre for girls
  • Refurbishment of classrooms at five major secondary schools in Trinidad
  • United Way - investment to assist in helping NGOs in Trinidad and Tobago
  • Pride in Gonzales - Funding of a community youth intervention programme
  • Walk Tall Programme - Rehabilitating prisoners to re-assimilate them into society by offering them alternatives to crime through a structured educational programme
  • Ben Lomond Sumattee Sabha Temple - Funding of the refurbishment
  • Our Lady of Lourdes Maraval Community Hall
  • Casa de Corazon Children's Home -assistance with repairs and upgrades
  • San Fernando TML Primary -sponsorship of a bus
  • San Fernando District Scout Council Bus - sponsorship of a bus
  • Corpus Christi College - assistance with roof repairs to St. Raphael’s building
  • Family Life Commission - investment of a parenting programme
  • Corpus Christi College - assistance with repairs to the St. Michael’s building 
  • Islamic Home for Children Inc. - repairs to washroom facilities
  • Holy Name Convent - purchase of a school bus
  • Rosary Boys R.C. School - renovation to infants’ department and school library
  • Social Establishment for the Welfare of All (S.E.W.A) - provision of a home for women of domestic abuse
  • Community Intervention Transforming Youth (C.I.T.Y.) - renovation to the Gonzales youth centre
  • Archbishop’s Appeal Fund
  • All Saint’s Church Parish Hall Renovation
  • Mucurapo Girls R.C. School – upgrade of school facilities
  • Rosary Boys’ R.C. School – upgrade of the De Suze Wing
  • Catholic Religious Education Development Institute – upgrade of the facilities

Power to Care:

  • Autistic Society of Trinidad & Tobago -Therapy and Parent Training
  • Christ Child Convalescent Home - (replacement of ceiling and roofing in boys’ dormitory
  • St. Vincent de Paul Society - construction of home for senior citizens in San Fernando
  • National Centre for Persons with Disabilities - construction of an Agri/Orthopaedic centre
  • Trinidad and Tobago Cancer Society - Purchase of two (2) Mobile Cancer clinics to provide early cancer screening in poor areas in Trinidad; Edufest and Annual Walk against Cancer
  • St. Dominic’s Home - Furnishing of two transition houses
  • Court Shamrock Centre - Investment towards a centre for socially displaced persons in San Fernando
  • Imortell Children’s Centre for Special Education - Assisted with the renovation of the building
  • DRETCHI - investment in Speech and Language Training
  • Republic Bank Make a Difference Fund for Sick Children - partnership with Hope of a Miracle Foundation, D.E.R.P.I. & Transplant Links  
  • Eternal Light Community – Home for the Elderly - installation of elevator
  • Eshe’s Learning Centre - construction of a wheelchair ramps
  • Persons Associated with Visual Impairment - sponsorship of youth programme “Stepping Out”
  • F.E.E.L. - provision of specialized wheelchairs
  • L.I.F.E. Centre - acquisition of property for a school for Autistic children
  • Trinidad & Tobago Cancer Society - purchase of a patient bus
  • Trinidad & Tobago Association for the Blind and Visually Impaired – vision awareness campaign
  • Immortelle Children’s Centre for Special Education – Construction of a new wing
APPLICATION FOR SUPPORT UNDER THE POWER TO MAKE A DIFFERENCE PROGRAMME

Republic Bank executes its Power to Make a Difference programme through partnerships with registered charitable or non profit organizations.

Criteria: Charitable organizations applying for support or partnership through the Power to Make a Difference programme must be registered charities (with the Board of Inland Revenue), which are well managed and accountable to donors for funds received. Beneficiaries of funds from the Power to Make a Difference programme will be required to account for the use of the funds through periodic expenditure reports. Funds must be used only for the purpose requested and must not be applied to other purposes without the written permission of Republic Bank Limited

Application Process: Charitable organizations seeking funding from the Power to Make a Difference programme must submit comprehensive proposals/plans, using the application forms available on this website, for consideration and recommendation by the Bank’s panel of professionals and its executives. In making decisions regarding contributions to or partnerships with charitable organizations the Bank reserves the right to request a visit to the institution to satisfy itself of the relevance of the project to the programme’s focus and the eligibility of the organization to receive funding.

Timelines:Requests for funding must reach the Bank by April 30th for consideration for the next year’s budget. All applications will be acknowledged, however all proposals will not be successful in securing funding. Charitable organizations will be advised of the results of their application by the month of October. Disbursements are made according to Republic Bank’s financial year which runs from October to September. Funds allocated for a project which is intended to be executed in the financial year, but is not, will be lost for instance funds approved for a project to be executed in fiscal 2012/2013, but which is not done, will not automatically be carried forward to fiscal 2013/2014. The charitable organization will be required to reapply for consideration in the next or future years.

Successful organizations will be required to submit to the Bank quarterly reports on the progress of the projects/programmes along with quarterly expenditure statements. All funds provided by the Bank must be accounted for by the charitable organization. Additionally funds allocated for one project cannot be reallocated by the charitable organization to another project without the written permission of Republic Bank Limited.