business leaders integrate corporate citizenship into business strategy and practices. In September 2014, Lee-Chin and his family donated $10 million to the Joseph Brant Hospital Foundation. Michael Lee-Chin and family received the 2015 Association of Fundraising Professionals' (Golden Horseshoe Chapter) National Philanthropy Award in the category of Outstanding Philanthropist. Current fund growth and difficulties Investment in Caribbean In the late 1990s and early 2000s, Jamaica went through a period of financial crisis. Lee-Chin saw potential in his native country, and Portland purchased 75 per cent of the National Commercial Bank of Jamaica for 6 billion Jamaican dollars (US$127 million) from the Jamaican Government. In 2003, Senvia Money Services Inc., a global money transfer company, was established. This was followed in 2004, by the acquisition of AIC Financial Group Limited, headquartered in Trinidad. In 2004, he announced plans to set up the AIC Caribbean Fund with the intention of investing in the entire Caribbean region. The stated aim of the fund is to raise US$1 billion in order to "make investments in businesses located in countries of the Caribbean Community (CARICOM), with an emphasis on Jamaica, Barbados and Trinidad and Tobago". So far, it has made a number of large-scale investments. In 2006, Portland acquired an 85 per cent controlling stake in the United General Insurance Company, the largest auto insurer in Jamaica, and renamed the firm Advantage General Insurance Company. A controlling interest in CVM Communications Group (consisting of radio and television stations and newspapers) was purchased at the same time. Portland partnered with the Canadian Risley Group to form Columbus Communications Ltd – a Barbadian corporation that holds controlling interest in a number of telecommunications providers in the Caribbean including Cable Bahamas Ltd, Caribbean Crossings Ltd, Merit Communications Ltd, and FibralLink Jamaica Ltd. In the tourism sector, Lee-Chin guided Portland through a number of acquisitions in the Caribbean. Among them were the hospitality operations of the Trident Villas and Spa in Jamaica, Reggae Beach, and Blue Lagoon. Portland's first acquisition in the health care industry sector was announced in July 2006, when Medical Associates Ltd., a privately held hospital in Kingston, Jamaica, joined the Portland Group. Commodities boom Similar to the experience of the late 1990s, Lee-Chin again has shied away from investing in commodities and the energy market boom. He has specifically stated that "We [AIC] do not like commodities-type businesses nor most high-tech companies simply because they