ACE Foundation – Bermuda
Since its formation in 1997, the ACE Foundation - Bermuda has played a significant role as a major philanthropic force in Bermuda. It has donated more than $20 million to local charitable causes, and supported students through the Robert Clements/ACE Scholarship, ACE/Bermuda College Education Award and the now closed Madeline Joell Nest Egg Fund. In addition, the Foundation supports ACE employees' community interests with volunteer and matching gift programmes. The Foundation's key initiatives include:
Charitable Grants
The core of the Foundation’s work is the ongoing support of Bermuda-based charities. The Foundation provides financial support to up to 75 registered charitable organizations per year, covering a wide range of needs. Learn more and download an application for a charitable >>
Education
The Foundation - Bermuda makes a significant investment in youth development. Its current educational initiatives are:
- Robert Clements/ACE Scholarship - The Robert Clements/ACE Scholarship provides financial support to Bermudian students pursuing careers in the insurance industry. Learn more >>
- ACE/Bermuda College Education Award - The ACE/Bermuda College Education Award of $15,000 is offered annually to a qualified graduate of Bermuda College to cover tuition and fees for up to two years immediately following Bermuda College graduation. Learn more >>
Mission
The mission of the ACE Foundation - Bermuda is to strengthen the community by utilizing its financial resources to actively address social, educational and other issues of community concern. The ACE Foundation - Bermuda carries out its mission by:
- Focusing its charitable giving on clearly defined projects and programs with measurable objectives and outcomes that address the areas of education, the environment, and human services and help to enhance the vibrancy of the community.
- Providing ACE employees with volunteer and philanthropic opportunities where they can contribute their time and expertise as well as financial support to the community.
Contact Information
ACE Foundation - Bermuda
ACE Building
17 Woodbourne Avenue
Hamilton HM08
Bermuda
Mailing Address
PO Box HM 1015
Hamilton HM DX
Bermuda
Telephone: (441) 299 9234
Email: acefoundation@acegroupx.com