Panama resident Hilt Tatum IV currently serves as president and chief executive officer of Panama City-based iPoint Capital Partners. The wealth management company works closely with clients in the Caribbean, Europe, and Asia, where it manages venture capital and private equity investment funds. Hilt Tatum IV contributes to several non-profit organizations, one of which is the American Red Cross.
Founded in 1881 by Clara Barton, the American Red Cross connects people to communities in need all around the nation and world. In addition to assisting areas hit by emergencies and natural disasters, the organization reaches out to underserved neighborhoods.
Individuals can support the American Red Cross by contributing financially, giving of their time, or donating blood. On August 1, 2014, the organization made a plea for donated blood. The organization express particular need for O negative, B negative, and A negative blood types. On average, the Red Cross must collect 15,000 blood donations per day to accommodate the about 2,700 hospitals and transfusion centers it serves within the United States. Its donations were down eight percent, or about 80,000 donations, from May through mid-July, thus necessitating its encouragement of people to donate at American Red Cross centers.
As founding partner, chief executive officer, and president of iPoint Capital Partners, Hilt Tatum IV oversees the Panama City, Panama, investment company’s daily operations. Tatum commenced his career when he cofounded a technology company while still in college. An active philanthropist, Hilt Tatum IV supports numerous charities, including Save the Children.
The Save the Children organization aims to provide children with the tools they need to grow up healthy and happy. The non-profit organization serves children in 120 countries, including the United States, Transforming their lives in areas such as education, healthcare, and emergency aid in regions affected by natural disasters.
Individuals who want to support Save the Children’s advocacy of children can contact legislators and insist that the government put the needs of children first. Save the Children focuses on ensuring that children have access to high-quality education, and since two out of every five children of preschool age are not enrolled in preschool, the organization asks that individuals contact Congress about this issue. Save the Children suggests people insist that their government representatives support the Strong Start for America’s Children Act, a 10-year federal-state partnership intended to improve learning opportunities for young children. Its website features a form letter that people can fill in and have sent to their representative.
As president and CEO of iPoint Capital Partners, Hilt Tatum IV directs private equity and venture capital investments for a firm with an international presence extending across Europe, South and Central America, the Caribbean, and Asia. Also concerned for the welfare of vulnerable young people throughout the world, Hilt Tatum IV supports the work of the nonprofit organization Save the Children. As many as 90,000 children escaping violence in Central America and Mexico are estimated to cross the U.S. border in 2014 and, for those detained in overwhelmed U.S. Customs and Border Protection (CBP) facilities, the donations of Hilt Tatum and other contributors help Save the Children provide medical care, nutritious meals, emotional support, and structured play for these displaced children.
Because these children have endured a long journey through harsh conditions, many of them are in need of urgent nutritional and medical care to treat dehydration, diarrhea, and other illnesses. Save the Children is acquiring oral rehydration drinks and medicine to address the crisis, as well as recruiting pediatricians qualified to evaluate and treat youth detained in immigration control centers.
Those with distressed garments receive new clothes from Save the Children, and the organization has implemented its Child-Friendly Spaces program within CBP holding facilities. Child-Friendly Spaces help children recovering from a crisis to cope by creating a protected area where they can play and socialize with peers under the supervision of a trained caregiver.
To further guarantee that the needs of these children are not neglected and that conditions at detainment centers are quickly improved, Save the Children’s senior director for U.S. emergencies is advising the Federal Emergency Management Agency (FEMA) on measures to be taken. At the sites where children are first processed, Save the Children has proposed the assignment of monitors trained in child protection. Additionally, Save the Children is seeking authorization to train FEMA and CBP staff in child protection and establish its Journey of Hope emotional support program at holding facilities.
A co-founder of the Panama City, Panama, private equity, venture capital, and asset management firm iPoint Capital Partners, Hilt Tatum IV serves the investment group as president and CEO. Outside of his professional responsibilities, Hilt Tatum IV supports nonprofit aid organizations that provide relief to those in need in Panama and other countries in the region. Thanks to the generous contributions of donors like Hilt Tatum, the American Red Cross is able to assist those in Panama and other Latin American and Caribbean nations through disaster risk-reduction projects and the Resilience in the Americas (RITA) program.
Working with local Red Cross affiliates in Panama, Colombia, Paraguay, Costa Rica, Ecuador, and El Salvador, the American Red Cross began Latin America-based disaster risk-reduction initiatives in 2011 to safeguard local communities that are inadequately equipped to contend with natural disasters that regularly strike the region. With the goal of impacting more than 176,300 people in at-risk areas throughout the six countries, the American Red Cross has developed community-based education programs and has trained local Red Cross staff and volunteers to teach residents disaster-preparedness best practices, including earthquake survival methods, basic first-aid, and the importance of keeping an emergency response kit in the home. The American Red Cross has also supported infrastructural improvements, such as the installation of public address or very high frequency radio systems that can save lives by alerting citizens of an imminent disaster, allowing them to evacuate before it arrives.
RITA is a pilot program launched by the American Red Cross in 10 Latin American and Caribbean countries, including Panama, Guyana, Belize, the Bahamas, and Nicaragua. It is intended to benefit 3,500 people and enhance the resilience of 126 communities across these nations through a risk assessment process wherein community members themselves will identify locally available means they can develop to address pressing needs and secure against vulnerabilities. From the results of this pilot, the American Red Cross and local affiliates hope to develop tools and training manuals to model community resilience programs that can be applied in other areas of the world.
Holding a postgraduate degree in global business from the University of Oxford, Hilt Tatum IV serves as president of iPoint Capital Partners, a global asset management and investment firm. In this role, he identifies promising investment opportunities in addition to serving on the board for a number of iPoint’s portfolio companies. A philanthropic individual, Hilt Tatum IV also supports a number of charitable organizations, including Save the Children.
Benefiting underprivileged youth in 120 countries, Save the Children sponsors several campaigns to aid social initiatives such as public health, disaster relief, and education. One such campaign is HEART, or Healing and Education Through the Arts. HEART introduces disadvantaged children around the world to the creative arts, using painting, poetry, theatre, music, and more to foster emotional healing and development. The program works with children who have experienced trauma such as extreme poverty, the loss of a loved one, a natural disaster, or violent conflict. By introducing boys and girls from the ages of three to 14 to the possibility of creative expression, HEART allows them to share their personal experiences in a therapeutic manner.
Save the Children develops a unique HEART curriculum to best serve each child and community, passing the knowledge along to those who teach and care for children. Since its establishment, the program has reached more than 10,000 kids, with a goal of to reach 50,000 by 2015.
As chair of the Panama-headquartered Oxford Consulting Group and the President of iPoint Capital Partners, Hilt Tatum IV oversees group private equity activity as well as venture capital investments. A savvy businessman, Hilt Tatum IV has been involved in the creation of more than 20 companies in Europe, Asia, the Americas, and the Caribbean Basin.
The Republic of Panama, a nation of about 3.6 million people, sits on an isthmus in Central America which separates the Atlantic and Pacific oceans. The home of the Panama Canal, the nation relies on a heavily service-oriented economy. Much of the economy is based around the Canal itself, starting with revenues derived from operating the canal and including logistics, container ports, and flagship registry.
Panama is currently expanding the locks on the Canal, an ambitious project that will permit dramatic economic growth. Begun in 2007, this project will essentially double the Canal’s capacity. The Canal, which has not been significantly upgraded since it opened to traffic in 1914, will ultimately be able to accommodate ships which are too large to transverse it at present. According to recent reports, the expanded Canal will open for ship traffic by the January 2016 deadline.
One of the original founding partners, Hilt Tatum IV serves as president at iPoint Capital Partners, a global asset management, private equity, and venture capital enterprise. He travels frequently to attend to the firm’s many business interests around the world. Hilt Tatum IV supports several philanthropic organizations around the world, including Panama’s Children of Darien foundation.
Founded in 1990 by Bishop Romulo Emiliani, the Foundation for the Children of Darien seeks to reduce child malnutrition in Darien, a region in eastern Panama that borders Colombia. This large region is sparsely populated, with its approximately 60,000 residents spread out over more than 16,000 square kilometers, or about 23,165 square miles. More than half the people live in poverty.
The Foundation for the Children of Darien operates numerous programs throughout the region to improve children’s nutrition and health as well as to help develop communities in several ways, including organic farming. The foundation also sponsors early stimulation programs to give children the experiences and environment necessary to develop their physical, mental, and social senses. A more comprehensive presentation of the foundation’s various programs, projects, and activities is available on the group’s website at www.darien.org.
Financier Hilt Tatum IV focuses on alternative investments and analyzes new offerings as he presides over iPoint Capital Partners. Hilt Tatum IV also oversees several individual portfolios and serves on the boards of directors. Additionally, Hilt Tatum gives to several nonprofits, such as the American Red Cross.
The Red Cross provides immediate assistance in natural disasters, but also keeps working in damaged communities after the first emergencies have passed. For example, it is still deeply involved with people recovering from Hurricane Sandy.
For victims in Connecticut, the Red Cross provides services such as rebuilding houses, modifying homes to meet current codes, and meeting temporary housing expenses. Caseworkers reach out to identify other necessities.
In New Jersey, the Red Cross has awarded a $600,000 grant to a church organization; the money will go to families in need of furniture, appliances, and home repair.
A New York family tells a common story: More than eight feet of standing water severely damaged their home. Through the assistance of partner agencies, the Red Cross was able to restore plumbing and electrical functioning. Other efforts took care of framing, flooring, and painting. The family recently moved back to a renovated home.
An experienced businessman and entrepreneur, Hilt Tatum IV serves as president of the Switzerland-based private equity firm iPoint Capital Partners. Outside of his professional responsibilities, Hilt Tatum IV also founded the nonprofit group Project Joy Panama.
Launched in 2007, Project Joy Panama is a charitable organization that seeks to support underprivileged families in the Central American country. A significant number of families throughout the country are poverty-stricken and lack educational opportunities. Project Joy Panama provides aid to families in the form of food, school supplies, and donations. While the organization has several initiatives, its primary goals are to help children with their educational development, ensure they remain on path to complete college, and assist them with securing gainful employment. Backed by the Oxford Consulting Group, Project Joy Panama’s premier fundraising event is its annual Christmas charity drive, which provides families with a Christmas Eve dinner and gifts for their children.
Hilt Tatum is CEO of Oxford Consulting Group - International business consulting