Since the first donation in 2007, the Foundation has given more than $24.8 million to charitable organisations across an ever-increasing range of causes. 

Since the Foundation was established, its fundamental objective has remained unchanged: to give back to our communities and make a tangible difference to those less fortunate.

We do this primarily through financial donations but also by using the skills and passion of our people to help society through volunteering and individual fundraising.

In recent years, the Foundation has concentrated on specific themes and actively sought opportunities to assist organisations working in those areas where our funding and time could be focused to have the most impact.

Partnerships and charitable giving

Six charities each received a grant of £40,000 in 2025: 

• UK: Cancer Research UK, St Giles Trust, UK Alzheimer’s Society

• Bermuda: Tomorrow’s Voices, Family Centre, HOME

Additionally, the Foundation donated £50,000 to California Community Foundation following the wildfires in January, £25,000 to UNICEF’s emergency appeal to support the delivery of critical aid into Gaza and most recently, £25,000 to UNICEF’s emergency appeal to support Jamaican children and families devastated by hurricane Melissa.

Employee-led donations

The Foundation actively supports employees who want to give back to their community. Colleagues can submit grant applications to the Donations Committee for consideration for a one-off £3,000 donation. Every quarter, charities vetted by the Donations Committee are submitted to the Trustees for final approval.

Matched-giving scheme

The Foundation matches employees’ personal fundraising for various charities, up to £3,000. The aim is to encourage employee-led fundraising and support the work of charities in their local communities.

The Nomination Corporate Governance and Sustainability Committee monitors and makes recommendations to the Board on charitable giving and the operation of the Foundation. 

 

 

The annual donation made to the Foundation to fund its work is aligned to the financial performance of the business. The Foundation receives 0.75% of Group profits with a minimum donation of $250,000 up to a maximum of $750,000. This creates a sense of ‘ownership’ among our employees who are aware that the financial success of the Group has an impact on the wider community.

 

This is further strengthened by an emphasis on supporting charitable causes – which meet the Foundation’s criteria – where there is a personal or community connection among employees.

 

We believe that the success of the Foundation in making a real difference to the lives of those less fortunate is due to the enthusiasm of our people. Whether actively getting involved in helping others through volunteering or requesting funding for causes close to them, their support is invaluable.

The Project Transform initiative, first activated in 2010, was relaunched in 2023 following a pause due to the COVID-19 pandemic. Project Transform offers employees the opportunity to volunteer overseas, and the 2024 trip was a return visit to Tanzania following a highly successful programme the previous year. We again partnered with International Volunteer HQ.