*…targets health, education, food and economic empowerment*
As part of the activities being put in place to immortalise and continue with the various humanitarian gestures of a late former General Manager, Controls at Ibile Holdings Ltd., Kikelomo Christiana Akinluyi, her family has inauguarated Kikelomo Christianah Akinluyi Charity Foundation (Kaycee Foundation) to provide relief and support programmes for members of the public. Mrs Akinluyi, a fellow of Chartered Intitute of Accountant and entrepreneur, died on April 1, 2024 at age 60.
Speaking at the inauguration of the foundation in Aramoko Ekiti, the husband of the late corporate guru, Mr. Laolu Akinluyi, also a Chartered Accountant, announced that N250 million endowment fund has been earmarked for the foundation. He further stated that the foundation would provide relief and support for residents of Aramoko community and other members of the public.
He explained that the foundation was established to immortalise Mrs. Akinluyi, to preserve her values, compassion, and humanitarian spirit.
The Chartered Accountant, an indigene of Aramoko-Ekiti, said that the KAYCEE Foundation was a memorial project and not a springboard for political ambitions.
Akinluyi explained that the foundation’s interventions would focus on four pillars including health, education, feeding and economic empowerment with the aim of supporting students, youths, the aged, widows and other vulnerable groups in the town.
As part of its first humanitarian gestures, the Foundation had earlier installed hand-pump boreholes in five primary schools across Aramoko and distributed 250 packs of 25kg food items to 250 widows and aged women.
Reflecting on the journey leading to the establishment of the NGO, he revealed that the idea had been conceived 15 years ago, a joint initiative between him and his wife but following her demise, the family resolved to transform it into a memorial foundation.
He added that the N250m endowment fund would generate about N50 million annually through interest and dividends, which would be dedicated to the running of the foundation’s programmes as well as administrative operations.
The Bishop of the Anglican Church, Ekiti West Diocese, Rt. Rev. Cornelius Oludare Adagbada, described the project as a rare gesture that would bring relief to many households.
Also speaking, a foremost scholar of choreography and performance aesthetics,
Professor Rasaki Ojo-Bakare, commended Akinluyi for initiating a legacy project capable of transforming the lives of beneficiaries.