The Bermuda Monetary Authority donated more than 100 toys to the annual Toys for Tots drive.
The Christmas programme run by the Coalition for the Protection of Children, set a goal of collecting 2,500 items for families in need across the island this year, in a two-week donation drive.
Mesheiah Crockwell, director of human resources at the BMA, said: “We have seen time and time again how much our BMA staff care about the wellbeing of our community and the most vulnerable among us.
“This time of the year is special and provides us with an opportunity to spread joy in our communities.
“The BMA takes pride in our support for the Toys for Tots programme, and this holiday season, the level of generosity from our staff has exceeded our expectations.”
The toys will also be distributed with more than 30 grocery vouchers and gift cards.
Kelly Hunt, the executive director of CPC, said: “The unfortunate reality is that toys and necessities are more expensive than ever before.
“The last several years have been very stressful for those families who are struggling to make ends meet.
“We want to thank the BMA for contributing so generously as an important supporter of this initiative.
“We are grateful to them for bringing some relief and joy to families in need.”
The BMA has supported Toys for Tots several times over the years, while encourage its employees to participate in community-based philanthropic initiatives year-round.