Hashtag: #BermudaCommunityFoundation
Bermuda Foundation Releases Annual Report
Bermuda Foundation has released its 2022-23 annual report as it celebrates its 10th year. A spokesperson said, “Over its 10-year history, Bermuda Foundation granted over $21 million, managed $24.8 million in assets as of June 2023, and in the 2022-23 annual report, highlighted $5.5 million in grants, $2.1 million in facilitated gifts from US taxpayers,... Read more of this article
Bermuda Foundation On Grants/Support In 2023
The Bermuda Foundation, which commemorates its 10th year in operation today, has provided support to 43 not-for-profit programmes with over $200k in funding as part of its unrestricted grantmaking for the fiscal year ended 2023. These competitive grants, combined with generous donor-advised giving, totalled over $5 million for the year. The Bermuda... Read more of this article
Foundations Join National Philanthropy Day
This week, the Bermuda Foundation joins more than 1800 community foundations around the world in marking Community Foundation Week. “The first one was established in 1914 and today community foundations exist in every continent, except Antarctica,” says Dr Myra Virgil, CEO/MD of the Bermuda Foundation. “We are proud to be part of this group which... Read more of this article
Report On Teen Mental Health Released
The Bermuda Foundation published the “Bermuda Adolescent Mental Health and Wellness Report,” which found that “since the pandemic, rates of anxiety, depression, loneliness, stress and tension in young people has reached ‘alarming’ levels.” A spokesperson said, “The Bermuda Foundation today announces publication... Read more of this article
BCF Mourns Passing Of Charles Feeney
Irish American billionaire philanthropist Charles ‘Chuck’ Feeney, who donated nearly $30 million to Bermuda over the years, has passed away at the age of 92. A spokesperson said, “Irish American billionaire philanthropist Chuck Feeney who gave close to $30 million to the Bermuda community over the years has died at the age of 92. Mr... Read more of this article
BCF Releases ‘Vital Signs’ Pandemic Report
The Bermuda Community Foundation [BCF] has released its latest Vital Signs report, focused on the impact of the Covid-19 pandemic on the community. A spokesperson said, “The Bermuda Vital Signs is a data-collecting “check-up” programme which compiles metrics on the quality of life in the community through scientific polling of residents. “Vital... Read more of this article
Column: Let’s Make ‘Giving Tuesday’ Count
[Column written by Dr Myra Virgil] Tuesday, November 29, 2022, will be acknowledged in countries around the world as Giving Tuesday. Its purpose is as simple and uncomplicated as it gets: to encourage people to do good. Giving Tuesday began in the US as a collaboration between the United Nations Foundation and the 92nd Street Y in New York City –... Read more of this article
BCF Awards $290K In Grants To 44 Charities
The Bermuda Foundation [BCF] Board of Directors has approved grants of $290,000 to 44 registered charities. The donations are from the organisation’s Bermuda Community Fund, a permanent fund set up to support the nonprofit sector in perpetuity. Dr. Myra Virgil, Managing Director, said, “This fund represents the primary purpose of the Bermuda Foundation. It... Read more of this article
BCF Announces New Board Chair & Members
The Bermuda Community Foundation [BCF] announced the appointment of its new Board Chair, Amanda Outerbridge, and two new Board members – Gavin Barlow and Diana Darrell. A spokesperson said, “Ms Outerbridge, a BCF Board member since 2014, has a background in journalism, communications, nonprofit leadership and philanthropy. She was a member of the... Read more of this article
‘Flora Gold Fund’ To Support Local Athletes
A new fund has been launched to support Bermuda’s athletes, with the ‘Flora Gold Fund’ supported by Gosling’s, who are committing proceeds from the sales of the new Flora Gold rum. A BCF spokesperson said, “A new fund has been launched to support Bermuda’s athletes in perpetuity. The establishing donors to the Flora Gold Fund... Read more of this article
BCF Releases Nonprofit Sector Finances Report
The Bermuda Community Foundation [BCF] released a report on the financial status of Bermuda’s registered charitable entities, which includes information on the charitable sector’s revenues, expenses, assets and liabilities. “The timing is important,” notes Dr Myra Virgil, Managing Director of the BCF. “During the early months of the pandemic... Read more of this article
BCF: ‘Is Philanthropy Up For The Challenge?’
The Bermuda Community Foundation [BCF] has released a new report entitled “Social Equity: Is Philanthropy Up For The Challenge?” which BCF Managing Director Dr. Myra Virgil describes as “a call to action, providing a context for social and race equity in Bermuda and offering guidance on programme investment opportunities for people... Read more of this article
