Bermuda Foundation Releases Annual Report
The Bermuda Foundation granted almost $400,000 in unrestricted funding to the community in its 2024/25 financial year.
A spokesperson said, “These competitive grants, combined with donor-advised giving through the services of the Foundation, delivered some $6.4 million to the charitable sector over the year.
“Key areas to have benefited from the Foundation’s unrestricted competitive grant programme were:
- Housing programmes
- Youth development, human and family-based services
- Educational enrichment and access to higher education efforts.
- Mental Health programming including counselling, drug treatment and socio-emotional learning
- Health and health support services and programmes.
“Grants were made to 50 nonprofit organisations in 2025, including:
- Peer Forward for its high schools programme
- Adult Education School’s GED and college and career readiness programmes
- Age Concern [Bermuda]
- Bermuda Centre for Creative Learning’s Experiential Learning
- Home for housing and services
- C.A.R.E. Computer Services Alternative Education programme
- The Family Centre’s Intensive Counselling Services
- Habitat for Humanity – small home projects for families living in unsafe conditions
- Open Airways for asthma awareness and support
- Tomorrow’s Voices – Bermuda Autism Early Intervention Centre
- United World Colleges Bermuda scholarship
- BC Village’s awareness and advocacy for LGBTQIIA students’ right to a safe and equitable educational environment
- Bermuda National Gallery for operational funding and the Frith exhibit
- Bermuda School of Music
- Footy Promotions
- St. George’s Foundation
- Bermuda Underwater Exploration Institute’s Eco-Schools Bermuda and Young Reporters for the Environment
- Big Brothers Big Sisters of Bermuda
- Citizens Uprooting Racism in Bermuda’s capacity building for growth and sustainability”
“Bermuda’s nonprofit sector is no longer defined simply by who delivers which services,” said Dr. Myra Virgil, CEO and Managing Director of the Bermuda Foundation. “The real question now is whether the significant resources flowing into the Third Sector are producing measurable outcomes and lasting change. That is a far more complex—and far more important—conversation.”
“Nonprofits in Bermuda are delivering essential services every day, often without the level of resourcing required to address problems at a systemic level,” Dr. Virgil noted. “We need to be realistic about what can be achieved without sustained, flexible funding and coordinated effort across the public, private and philanthropic sectors.
“Unrestricted and long-term funding enables organisations to shift the focus from short-term survival to long-term impact, assisting nonprofits to move the needle rather than simply respond to crisis after crisis.”
“As the Foundation marks 13 years of operation, we are standing on firmer ground,” said Amanda Outerbridge, Chair of the Bermuda Foundation. “Our growing endowment and increased grantmaking capacity empower us to engage more deliberately in the wider social sector ecosystem—supporting not just individual programmes, but whole-sector effectiveness.
“Bermuda is one of the wealthiest jurisdictions in the world, yet we continue to face deep social challenges—from poverty and housing insecurity to mental health and youth violence. If we are serious about improving community wellbeing, we must invest with intention, measure what matters, and commit for the long haul. The Bermuda Foundation remains dedicated to these goals.”
The spokesperson said, “The Foundation’s audited accounts can be found on its website www.bermudafoundation.org under ‘News & Reports’. Details on the grantees and distributions can be found under ‘Our Impact – Programme’. Families or individuals interested in setting up their own permanent charitable giving funds to improve Bermuda can learn more about donor-advised philanthropy at www.bermudafoundation.org.
The full Bermuda Foundation 2024/25 Annual Report follows below [PDF here]:
Well done. I am grateful and thankful to see such generous giving. I’m sure the groups benefitted. You are playing a key role in Bermudas development. Thank you.