Capital G Donates Over $14,000

January 21, 2012

Yesterday [Jan.20] Capital G presented a cheque for $14,221.26 to Meals On Wheels courtesy of the Bank’s 5th Annual Holiday Giving Back Programme.

Since the inception of the annual Holiday Giving Back Programme in 2007, Capital G has committed to matching community donations to the fund by $5,000 each year.

This year, donations from the community together with donations by Capital G staff and funds raised at a pre-Christmas Gibbons Company Charity Shopping Friday totaled more than $9,221.26. The Capital G corporate matching funds brought the total donated to $14,221.26.

Photo left to right: Peter Smith, Vice President, Meals On Wheels; Gladys Madeiros, Volunteer Coordinator, Meals On Wheels; Ian Truran, President & CEO, Capital G Bank Limited and Capital G Trust Limited; Tannika Rodrigues, Administrator, Meals On Wheels, and Donna Amaral, Treasurer, Meals On Wheels.

Since the programme was initiated, the recipients of Capital G’s Christmas charity programme have received donations ranging from $12,000 to over $17,000 per year.

Capital G Bank President and CEO, Ian Truran, said: “Each year, we are reminded of the generosity of Bermuda’s residents in their support of our Holiday Giving Back fundraising drive.

“Despite the challenging times, they donated generously again this year, remembering others who may be elderly or housebound and rely on the assistance of Meals On Wheels for a hot and nutritious lunchtime meal.”

In addition to financial support, Capital G also promotes a “giving back” relationship among its staff and the company’s charitable partners. This has evolved into community involvement projects which saw a group of Capital G staff members assist with meal preparation in the Meals On Wheels kitchen and help deliver meals to the people who needed them.

Mr. Truran said, “We encourage our staff ‘to get involved’ and volunteer for the fundraising projects we undertake for a charity. This helps them to get to know and appreciate the charity we’re supporting, and also gives them a chance to enjoy themselves while they help to raise as much money as possible in support of that charity’s work in the community.”

He added, “Any of us could know someone in the community who might need the support of Meals On Wheels at some point in their life. Our aim with the Holiday Giving Back is that we should develop a real partnership with the charity that can make a difference.”

Capital G’s staff volunteer team helped to prepare and package 170 meals, which included a soup, dessert and a choice of regular, low sodium, diabetic or vegetarian meal.

Following the food prep and the washing-up, each volunteer was assigned to a driver to cover 16 routes throughout the island. Each meal costs $5 to those who can afford to pay, however the cost of Meals on Wheels to prepare and deliver each meal is closer to $14.

With this donation, Capital G, its clients, employees and other charitable partners are able to ensure delivery of more than 1,000 meals.

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  1. happy bermudian says:

    Congratulations to Meals on Wheels who do a great job delivering meals to the truly needy. This is a heart-warming story that Bermudian shoppers at Christmas time are so generous and the Capital G has a matching donations program. So nice to read GOOD NEWS!