Butterfield Bank Donates $120K To Charities

December 19, 2012

The Bank of N.T. Butterfield & Son Limited has provided $120,000 in funding to local human services charities in 2012.

Under the Butterfield Hope Award Programme, the Bank donated $10,000 each month to a local registered charity providing assistance to people in need in Bermuda. New this year was an employee voting component that allowed Butterfield employees to vote for a recipient charity of their choice.

Michael Collins, Senior Executive Vice President at Butterfield said, “As we all know, these are challenging economic times in Bermuda across all economic sectors.

“More than ever, people in our community are relying on our charities for assistance — from mentoring programmes to counselling and emergency services. We are pleased to have supported these deserving organisations and the vital services they are providing to our community.”

The twelve charities that received funding in 2012 are:

  • De Boys’ Day Out Club
  • WindReach
  • Big Brothers Big Sisters
  • Friends of Hospice
  • Tomorrow’s Voices
  • Multiple Sclerosis Society of Bermuda (staff vote)
  • The Charitable Association for Physically Handicapped Children
  • Project 100
  • Centre Against Abuse
  • Outward Bound
  • Caron Bermuda
  • The Coalition for the Protection of Children (staff vote)

Gita Blakeney Saltus, Vice President Caron Bermuda said “Caron Bermuda is both humbled and appreciative to be one of the recipients of the Butterfield Hope Award.

“As we work with individuals and families who struggle with substance abuse, we know that our long-standing partnership with Butterfield reflects our mutual commitment in providing hope and healing to our community.”

Mark Norman, Outward Bound said, “Outward Bound Bermuda (“OBB”) is very appreciative of the Bank of N.T. Butterfield’s support as we continue to pursue our mission offering unique challenges to Bermuda’s youth promoting character development, interpersonal skills and leadership qualities.

“We feel that the importance of OBB’s mission is only heightened during this challenging economic period and thus receiving the Butterfield Hope Award will help OBB to continue to serve Bermuda’s youth to the best of its ability in the coming year.

“The fundamental difference between OBB and many other youth organisations is that OBB does not tell you what you are capable of achieving but rather it impels you into a challenging experience so that you can discover it for yourself!”

A spokesperson for Friends of Hospice also said “Friends of Hospice is the charity supporting Bermuda’s only hospice, Agape House, and donations like these are our life blood. We are incredibly grateful to Butterfield for choosing us as one of the recipients of its incredibly generous giving programme.

“This donation has allowed us to continue to work alongside the staff of Agape House to meet the practical and emotional needs of the patients and their family and friends in any way that we can.

“We remain committed to the belief that everyone has the right to pass their final days with dignity, peace, personalised care, and comfort and are sincerely appreciative of the support we continue to receive from the community”.

Warrenette Lorde, Member at large, Butterfield’s Charitable Donations Committee, said, “The twelve charities that received Butterfield Hope Award funding in 2012 cover the spectrum of human services, but all have found their services in greater demand this year. We are pleased to assist them.”

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Comments (8)

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  1. SMH says:

    Charity begins at home, it’s nice to give to charity but take of your staff first.

  2. Bullseye says:

    The Board of BNTB took massive bonuses that would make you sick the year they almost went under. This 120k is a pittance and shame on the Board.

    • .am says:

      They’re not obligated to give any money to charity. You’re aware of this, right?

  3. Denyse Evans says:

    All of us from DeBoysDayOutClub. Thank you so much.
    Denyse Evans (Vice chair)

  4. can someone tell me how could the Bank of NT Butterfield afford to give $120K to charity when the PLP had to bail them out, whats going on there and asking staff to take early retirement, puzzelling I must say.

  5. Just Us says:

    It would be nice to donate that money to your customers and scrap your service fees… Taking from Paul to pay Peter…

  6. Shag says:

    It would be nice if the common shareholders could get a dividend

  7. BDAHermit says:

    Now can they give some money back to the government?