With years of private equity and venture capital experience, Hilt Tatum IV manages iPoint Capital Partners as the Panama City, Panama-based firm’s chief executive officer. Also an active philanthropist, Hilt Tatum IV shares his resources with service organizations such as the American Red Cross.
The American Red Cross recently announced that it has sent a disaster specialist to Vanuatu to assess the damage left in the wake of Tropical Cyclone Pam, which was one of the strongest storms to hit the South Pacific island nation in a number of years. The category 5 storm brought over 9 inches of rain and hurricane-force winds of more than 150 mph to Vanuatu’s capital.
Houses throughout the country have been damaged or destroyed, and thousands of people have been left without shelter, food, water, and health resources. An American Red Cross contribution of $100,000 will help the organization’s disaster specialist, Daniel Joseph, as he works closely with the Vanuatu Red Cross to provide a range of assistance services to those affected by the storm.