The Bank of Bermuda Foundation has fulfilled its pledge to give $10 million to the Bermuda Hospitals Charitable Trust’s (BHCT’s) ‘Why it Matters’ campaign.

According to the bank, it’s the largest capital campaign and the largest philanthropic contribution made by a local entity in Bermuda’s history.

‘Why it Matters’ supports the construction of the hospital’s new Acute Care Wing.

“As a supporter of the campaign, Bank of Bermuda Foundation committed its support in 2005,” said a Foundation statement.

“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 all the trustees of the Bermuda Hospitals Charitable Trust, I would like to extend my gratitude to Bank of Bermuda Foundation for this outstanding 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.”

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. People who want to donate can contact the BHCT offices at 295-2428 or visit www.whyitmatters.bm.