The Melita Foundation has committed €500,000 and invested €240,000 in community projects across the Maltese islands since its establishment in 2020.

This milestone was revealed during The Melita Foundation Board’s recent visit to the Grandmaster’s Palace in Valletta, where they viewed the Great Siege artworks painted by 16th century Italian artist Matteo Pérez D’Aleccio.

The restoration of said paintings was partly funded by The Melita Foundation.

“In two short years, our Foundation has received a flow of applications from local and national organisations for funding,” Tanya Sammut Bonnici, Chair of The Melita Foundation said.

“These have come from across all our key areas of focus, namely digital skills, creativity, environment, and heritage,” she continued.

The foundation was established in February 2020 with an initial donation of €500,000 from Apax Partners – Melita’s shareholders until May 2019. The Melita Foundation continues to be supported by EQT, Melita’s current owners.

“It has been motivating to see how many people in Malta and Gozo are passionately committed to their community and to a better future, and a privilege to be able to provide significant support,” Prof. Sammut Bonnici concluded.

All of The Melita Foundation’s administration costs are covered by Melita.

The foundation supports / has supported dozens of projects, including Moveo Dance Company, Karl Vella Foundation, St John Rescue Corp, and Dar Tal-Providenza.

Featured Image:

The Melita Foundation

Related

Balancing higher income and job satisfaction: A request for financial and career advice

19 April 2024
by Luca Caruana

An Anxious Project Manager is at a crossroads, having secured a considerable raise but must also contend with a boss ...

Kevin Cardona named new BOV Chief Financial Officer

19 April 2024
by Fabrizio Tabone

He succeeds Izabela Banas, who left the bank last February.

Change main feature of 2023, more expected in 2024 – Harvest Technology Chairman Keith Busuttil

19 April 2024
by Fabrizio Tabone

During 2023, Harvest Technology registered a 60.3% decrease in pre-tax profit, after contract delays and provision charges.

Soaring demand for property in St Paul’s Bay not likely to be replicated elsewhere – RE/MAX CCO

18 April 2024
by Fabrizio Tabone

He says RE/MAX has called for clarification on NSO data, given that in statistics, Buġibba, Burmarrad, Qawra, and Xemxija are ...

Close Bitnami banner
Bitnami