Corporate Contributions Committee
OMSL (and its associated companies Oil Insurance Limited and Oil Casualty Insurance, Ltd.) is a major business enterprise with a significant, long-term stake in the community of Bermuda. The Companies are committed to maintaining Good Corporate Citizen status. To this end we wish to financially assist and facilitate programs that promote a better quality of life for all Bermuda residents. In addition, we encourage our employees to be active participants in volunteer programs in the local community.
OMSL have established an annual Corporate Contributions budget which is distributed at the discretion of the Corporate Contributions committee.
Key Areas of Support
Our primary areas of support are:
- Disadvantaged families
- Youth programs that support healthy lifestyles
- Environment and conservation initiatives
- Broad reaching community projects
The Committee will consider requests from Bermuda-registered charities whose programs reach a broad segment of the local community. All requests must be received in writing. Requests in excess of $10,000 require supporting financial information relative to the organization and or specific project.
Consideration will not be made to individuals, religious organizations, political groups, schools, individual sports clubs, PTA’s, travel and charitable intermediaries (for example, Lion’s Club).
Generally, contributions will not be considered for programs or projects that more appropriately should be funded as a matter of public policy.
The Committee meets typically in April and November. We spend the majority of our budget at the first meeting of the year, so you are encouraged to submit your request prior to March 31.