Our Finances Explained

Buy Back Bermuda’s nature reserves are jointly owned by the Bermuda Audubon Society (registered charity #99) and the Bermuda National Trust (registered charity #81). Annual financial statements for each charity can be found on their websites or are available for public inspection from the Registrar of Charities.

Campaign I (2004-2006) for Somerset Long Bay East

  • Raised $2 million from 500 individuals and companies

  • $1.4 million purchase price

  • $150,000 spent on restoration, remainder used for maintenance

Campaign II (2007 to 2008) for Vesey Nature Reserve and Eve’s Pond

  • Raised $2 million from 700 individuals and companies

  • Vesey Reserve gifted by Sharon Vesey, $180,000 spent on restoration

  • Eve’s Pond purchase price $1.6 million, $200,000 spent on restoration

Maintaining nature reserves is expensive. Although we use volunteers as much as possible, professional landscapers are required to keep the properties in the best condition. This costs Buy Back Bermuda approximately $20,000 a year.