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.