Currents Winter 2002/2003

CURRENTS
Winter 2002/2003

Table of
Contents

Director's Report

Shorelines

Celebrating a Century

Hydrostation "S"

BATS

Cruise Diary

Oceanic Flux Program

Honor Roll
of Donors

Honor Roll of Donors
Corporate Investors Program 2002

E.L. Mark Society

The ACE Foundation
General Atlantic Group Ltd.
PXRe

Thomas Miller (Bermuda) Ltd.
Transworld Oil Limited

   

Beebe Society

 

Bermuda Container Line Ltd.
Bermuda Electric Light Company Limited

Coral Beach & Tennis Club
Oil Management Services Ltd.

   

Iselin Society

 

BF&M Insurance Group
Esso Bermuda

Tuckers Point Club

   

Executive Council

 

A.P. Moller (Bermuda) Limited
Australia Japan Cable (Management) Limited
The Bermuda Telephone Company, Limited
Centre Solutions (Bermuda) Limited
Conyers, Dill & Pearman
Exxon Services (Bermuda) Ltd.
Kintore Investments Limited

Kitson & Company Ltd.
Mayfair Limited
New England Biolabs, Inc.
Orbis Investment Management Ltd.
Sippican, Inc.
Standard Steamship Owners' P & I Ass. Ltd.
Stevedoring Services Ltd.

   

Corporate Council

 

BAS-Serco Ltd.
Bermuda Cement Company Limited
Bermuda Press Holdings Ltd.
Butterfield and Vallis
CNA Risk Services Ltd.
Container Ship Management Ltd.
Gibbons Management Services Limited
Gosling Brothers Limited
International Advisory Services Ltd.
John Barritt & Son, Ltd.
Kitson Benefit Services

Linberg & Simmons Ltd.
The Little Venice Group
Mutual Insurance Company Limited
Occidental (Bermuda) Ltd.
P.M. Limited
PriceWaterhouseCoopers
Roche International Ltd.
Saffron Services Limited
United Insurance Company Limited
Vallis and Hayward Ltd.

   

Corporate Sponsors

 

Anfossi Management Limited
Bermuda Gas & Utility Company Limited
Bermuda Pest Control, Ltd.
The Body Shop (Bermuda) Limited
GeneralCologne Re (Bermuda) Ltd.
Godet & Young Ltd.

The Marketplace Limited
Ridge Reinsurance Limited
San Giorgio
Stuart's on Reid Street
The Walker Arcade Company Ltd.

   

Contributing Investors

 

Ace Installers
Bermuda Anglers Club
Bermuda Aviation Services, Ltd.
Bermuda Forwarders Ltd.
Bermuda Pipe Organ Services Ltd.

East End Florist
The Irish Linen Shop
Scandinavian Reinsurance Company Limited
Thomas B. Moss Real Estate
Windcrest Management Limited

Other Gifts for Operating Support 2002

   

Matching Gifts

 

We are grateful to the following corporations and private foundations that have provided matching support for gifts made to BBSR by their employees or directors.

The ACE Foundation
Bank of Bermuda Foundation
Robert Wood Johnson Foundation
Renaissance Reinsurance Ltd.

   

Operating Support from Private Foundations

Anonymous Family Trust
The Arthur and Annette Bolton Charitable
     Foundation
Robert Wood Johnson Foundation
The MacPherson Fund Inc.
MN Charitable Trust

Mostyn Foundation, Inc.
Erling D. Naess Fund for Marine Research
Michael and Susan Newburger Foundation
The Wendell and Margaret Smith Foundation
Louis F. & Mary A. Tagliatela Foundation, Inc.

   

Restricted Gifts and Grants 2002

   

Endowment

Dr. and Mrs. Edwin Boger, Sr.
Mr. and Mrs. Raymond E. Moore

Ernest E. Stempel Foundation
Ed & Bobbie Trippe

   

Gifts-in-Kind

 

BARCO Projection Systems, Inc.
Coral Beach & Tennis Club
Environmental Health Department
Foundation Capital Strategies, Ltd.
Global Crossing Ltd.
Mr. Jack Harris
Bart and Julia Hedges
Ignition (Bermuda) Ltd.

Dr. Michael Lomas and Ms. Debra Clougherty
Ministry of Agriculture & Fisheries
Pembroke Tile & Stone Co. Ltd.
Pin Point Training Ltd.
Pulse Instrumentation Ltd.
Stratagene
Williams Trading Ltd.
XL Capital Ltd.

   

Capital Projects

Anonymous (2)
Mr. and Mrs. Michael Butt
Mr. and Mrs. Richard D. Butterfield
The Byrne Foundation
Mr. and Mrs. Mark J. Byrne

Mr. and Mrs. Robert E. Cawthorn
Ms. Diana H. Frazier
Mr. and Mrs. Richard D. Spurling
The Starr Foundation
XL Foundation Ltd.

   

Roger Perry Scholarship Endowment Fund

Joshua and Amy Perry Basseches
Dr. and Mrs. John W. Farrington

Cindy Lee
Isobel Perry

   

Education Programs

Cable and Wireless Bermuda Limited
Canadian Associates of BBS
LCDR Donald S. Delikat

Exxon Mobil Corporation
U.K. Associates of BBSR

   

Research Programs

 

The Chatlos Foundation, Inc.
Mr. and Mrs. Edwin Faries
GlaxoSmithKline
Mr. and Mrs. Charles L. Kline
Alan and Rochelle McGowan
Mr. and Mrs. Raymond E. Moore

The Curtis and Edith Munson Foundation
National Fish and Wildlife Foundation
The Oak Foundation
Mr. and Mrs. John D. Pereira
Mr. and Mrs. Ian Strecker

   

Aquaculture Programs

 

Bank of Bermuda Foundation
Boeotia Property Company Limited
John and Pauline Cameron
Elbow Beach Hotel
Mr. and Mrs. Brian R. Hall
Miles Market Limited

Mutual Risk Management Ltd.
Primavera Ristorante
The Royal Bermuda Yacht Club
Rustico Restaurant
San Giorgio
Sonesta Beach Hotel and Spa

   

Risk Prediction Initiative

ACE Tempest Reinsurance Limited
American International Group/IPC Reinsurance Company Ltd.
Montpelier Reinsurance Ltd.

Renaissance Reinsurance Ltd.
State Farm Fire and Casualty Company
Swiss Reinsurance Company
XL Re Ltd.

   

The Sunderman Fund

 

Dr. Donald J. Cannon
Dr. and Mrs. Barrie Cook
Dr. and Mrs. Donald T. Forman
Dr. and Mrs. Nelson A. Gelfman
Dr. and Mrs. Frank T. Hamilton
Dr. Judith A. Hopkins and Dr. Clayton W.
    Yoho
Dr. and Mrs. Joseph A. Knight

Robert and Alice McComb
Dr. and Mrs. Frederick Muschenheim
Mr. and Mrs. Benjamin Perlmutter
Irene E. Roeckel, M.D.
Dr. and Mrs. Martin J. Salwen
Dr. and Mrs. James M. Smith
Dr. F.W. Sunderman

   

Canadian Associates of BBS

Mr. David Bruce (in memory of Maxwell and
     Nina Bruce)
George and Martha Butterfield
Dr. Kathryn Coates

Mr. Keith C.W. Dean
Mr. Graham F. Hallward
UBS Warburg

   

Leave a Legacy

One way some supporters of the New Horizon Campaign are helping shape BBSR's future is by including BBSR in their wills. BBSR prefers unrestricted gifts. This allows the institution to use the funds where they are most needed. If a gift is to be restricted, it is recommended that the provisions be reviewed with BBSR to ensure that your wishes can be carried out. For more information, please contact the Development Office at (441) 297-1880 ext. 206 or e-mail apope(at)bbsr.edu .

A Note for U.S. Taxpayers

Some supporters of the New Horizon Campaign are giving appreciated securities as a way to increase their support of BBSR. Gifts of long-term appreciated assets, such as securities, can save you taxes twice: you do not pay capital gains tax on any of the increase in value over your cost, yet you can deduct the full fair market value of your gift. To make a gift of appreciated securities to BBSR, please contact the Development Office at (441) 297-1880 ext. 206 or e-mail apope(at)bbsr.edu .


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