Charitable Giving

Doing good to help others do better

Improving the lives of others is the backbone of our organization—how we serve our colleagues, customers, and communities.

 

Four pillars of charitable giving

Giving back is at the forefront of what we do, helping to drive social, economic and educational opportunities where we live and work across the U.S. and on Bermuda. Global Atlantic nurtures charitable giving at all levels and through many means. From Corporate and Foundation partnerships to individual contributions of resources and time, Global Atlantic and our employees are making a difference. As of 1/1/24, $4.5 million was donated and matched to charities.

Foundation partnerships

Two foundations, one priority — to create corporate partnerships with charitable organizations in the U.S. and on Bermuda whose work closely aligns with our mission and values.

    The Global Atlantic Foundation 

    Founded in 2021, our foundation provides opportunities to small businesses tackling ongoing dynamic community needs. 

    Philanthropic partnerships

    Explore the organizations we supported.

    Accion Opportunity Fund
    Accion Opportunity Fund
    • Provides access to capital and coaching to entrepreneurs. 

    • To date we helped nearly 370 small business owners access capital and more than 900 owners access coaching to drive their businesses forward.

    SCORE foundation
    Score Foundation
    • Enhances small business success through free access to mentors, tools, workshops and education. 

    • We support six underserved communities of small business owners—Women, Asian, Rural, Black, Veterans, Latino.

    Streetwise Partners
    Streetwise Partners
    • Connects underrepresented talent to mentorship and career opportunities in Detroit, New York City and Washington, D.C. 

    • Each year, 200 mentees are served, and their wages increase by an average of $50,000 when they obtain employment.

    The Global Atlantic Re Foundation

    Founded in 2023, the Global Re foundation supports economic development, education, and environmental sustainability initiatives island wide.

    Philanthropic partnerships

    Explore the organizations we supported.

    Bermuda College
    Bermuda College
    • Offers the highest standard of academic excellence.

    • We provide scholarships to students in need who are pursuing actuarial studies, business administration or computer information systems.

    Bermuda Economic Development Corporation (BEDC)
    Bermuda Economic Development Corporation (BEDC)
    • Supports businesses with education, guidance, advocacy, networking and finance.

    • We host a pitch competition to provide grants to five entrepreneurs.

    Bermuda Institute of Ocean Science (BIOS)
    Bermuda Institute of Ocean Science (BIOS)
    • Uses science to benefit people and communities around the world.

    • Our funding supports the “Deep-sea Biodiversity Assessment” project.

    Keep Bermuda Beautiful
    Bermuda Institute of Ocean Science (BIOS)
    • Engages individuals through education and action to reduce waste and eliminate litter.

    • We partner with them to host litter clean-ups and educate employees on reducing waste.

    Planet Math
    Bermuda Institute of Ocean Science (BIOS)
    • Aims to foster an appreciation of mathematics by it to life for Bermuda’s youth.

    • Our funding helps provide access to summer camp, increases after school program enrollment, expands tutoring and more.

    Employee-Directed Giving

      Empower purpose

      Inspiring giving at Global Atlantic

      Our employees have a passion to serve, and Global Atlantic supports their giving at every step with resources to help increase their impact in our communities.

      Employees

      • Donate to eligible nonprofit organizations of their choice
      • Nominate a charity important to them for a chance to win a grant

      Global Atlantic

      • Matches employee donations up to set amounts each year
      • Offers a greater match amount for donations made in the last month of each quarter

      The Global Atlantic Foundation 

      Founded in 2021, our foundation provides opportunities to small businesses tackling ongoing dynamic community needs. 

      Philanthropic partnerships

      Explore the organizations we supported.

      Employee Directed EEAC

      Employee engagement advisory councils (EEACs) seek to increase employee connection in our local offices.

      Employee Directed DBN

      Diversity business networks (DBNs) engage, develop and advocate for under-recognized groups.

      Each year, Global Atlantic provides funding to these groups to donate to or sponsor local/national, eligible charities, and encourages employee participation in service events.

      Amplify assistance

      GO project

      Annually, Global Atlantic sponsors the GO Project, where employees can apply for a more significant award to a charity they are personally involved with or feel passionate about. The winner and runners-up receive monetary awards.

      Employee Directed Children's Charity

      2023 Winner

      Variety – The Children’s Charity of Iowa

      This charity’s mobility program provides bikes and equipment for children who never had a bike, and specialized bikes and other mobility equipment for children living with special needs.

      Rally for Reid Foundation

      Fall 2023

      Rally for Reid Foundation

      This charity’s mobility program provides bikes and equipment for children who never had a bike, and specialized bikes and other mobility equipment for children living with special needs.

      Company-Directed Giving

      At the Corporate level, we give to causes that are meaningful and important to our employees and society in general. Gifts of all sizes support education, healthcare, the arts, and nonprofit organizations tackling economic and social issues. If tragedy strikes, Global Atlantic offers critical, essential crisis response when needed in our communities. See more of our Company-Giving and Partnership donations in our Corporate Responsibility Report.

      Accion Opportunity Fund
      National Forest Foundation
      SCORE Foundation
      Streetwise Partners
      Keep Bermuda  Beautiful
      Bermuda college foundation
      Bermuda EDC
      BIOS
      Planet Math

      Doing good for the planet

      We support crucial forest health initiatives in a multi-year partnership with the National Forest Foundation. 

      Our 2022-2023 impact: 

      • 54,801 trees planted on 399 acres post wildfires 
      • 587 Navajo and Hopi families received wood for heating, cooking and building 
      • 50 acres of restoration to be more resilient against wildfire

      Volunteering

      We support volunteerism, encouraging employees to share their time and talents when and how they choose. Our generous policy offers eligible employees paid time off during regular business hours to volunteer at eligible nonprofits. And Global Atlantic leaders foster an environment that empowers teams to volunteer together.