Bank of Bermuda Foundation makes $10m hospital donation

Bank of Bermuda Foundation made history today with the fulfillment of its $10-million pledge to the Bermuda Hospitals Charitable Trust’s (BHCT’s) Why it Matters campaign. The largest capital campaign in the island’s history, Why it Matters supports the construction of the new Acute Care Wing that will transform King Edward IIV Memorial Hospital into a revitalized, state-of-the-art hospital facility.

Bank of Bermuda Foundation’s tremendous donation is the largest philanthropic contribution made by a local entity in Bermuda’s history. As a supporter of the campaign, Bank of Bermuda Foundation committed its support in 2005. It was the lead donor. Its commitment to investing in the quality of care delivered on the island speaks to Bank of Bermuda Foundation’s dedication to improving quality of life for our island community.

“On behalf of the Bermuda Hospitals Charitable Trust, I would like to extend my heartfelt gratitude to Bank of Bermuda Foundation for this extraordinary gift to Bermuda’s future,” said BHCT Chairman Philip Butterfield. “Our island will be forever changed, thanks to this remarkable gift. Philanthropy has the ability to change lives for the better and we are grateful for this donation and the direct impact it will have on every patient, staff member and visitor to our hospital.”

David Hamshere, Chairman of Bank of Bermuda Foundation commented, “Our only hospital touches everyone in the Bermuda community and it is therefore vitally important and appropriate that everyone in Bermuda make a financial contribution now no matter how small.” The Why it Matters campaign must raise an additional $10 million in order to successfully reach its $40-million fundraising goal. BHCT relies heavily on public donations and events to raise these funds. To donate, please contact BHCT offices at 441.295.2428 or visit www.whyitmatters.bm.