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Corporate Foundations. Pavlína Kalousová. Czech Donors Forum. Consultancy since 1997 , focusing on how companies manage their social impacts – business, value chain, voluntary contributions and initiating and tutoring partnerships
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Corporate Foundations Pavlína Kalousová
Czech Donors Forum Consultancy since 1997, focusing on how companies manage their social impacts – business, value chain, voluntary contributions and initiating and tutoring partnerships among corporations and NGOs (foundations). Clients include T-Mobile, Citibank, CS Cabot, Česká spořitelna (Erste), Telefonica O2, Vodafone, Pfizer, Johnson&Johnson, Pilsner Urquell (SAB Miller), ČEZ, KPMG, Staropramen, GlaxoSmithKline, Siemens. • Our products • Responsible Companies Club - DONATOR • LBG Czech and Slovak (Responsible Companies Standard) • TOP Corporate Philanthropist Award • Employee engagement programs s • CEENERGI (Central and Eastern European Network for Responsible Giving) Bulgaria, Poland, Slovakia, Russia, Ukraine, Hungary.
Trends after the crises • Closed links to the business • Corporate foundations • Employee engagement • Products and CSR • Comming back to community From GREEN only
General scene • 140 corporate foundations registered some activelly operating for the last 18 years. • Stable growth from 2000 established by 1 founder (85%) and multiple founders (15%). • 1/3 active (grantmaking, visible), 1/3 ad hoc, 1/3 non-operating. • Operating under Law on Foundations (same conditions as other foundations also in tax issues).
Corporate Foundations in CZ Nadace ČEZ, Nadace České spořitelny, Nadace O2, Nadace Vodafone, Nadace Komerční banky Jistota, Nadační fond Dalkia, Nadační fond Veolia, Nadační fond GSK
Financial Scale • TOP 10 Corporate Foundations distributing 11 million EUR in 2009. • 2 foundations succeeded in the privatization contribution to endowment. • Endowment – exceptional, by 40 at basic level (20 000 EUR), at 10 exceeding 400 000 EUR. • Staff employed by the mother company (90%), volunteers from the employees.
Resources Financial donations • Funder and other corporate funders. Grants. • Income from the funds/endowment. • Public collections/Cause Marketing. • Cultural/Educational activities • Individuals (employees etc) • In-kind • Barters and other in-kind
TOP corporate foundations Nadace ČEZ 187 907 611 Nadace OKD 62 114 000 Nadace České spořitelny 26 413 281 Nadační fond J&T 25 405 000 Nadace O2 14 736 000 Nadace Vodafone 11 912 000 Nadace Preciosa 9 487 689 Nadace Komerční banky 7 335 000 Nadační fond Dalkia ČR 7 012 000
Transparency • Obligations to transparency from the law (over 120 000 EUR) audit, annual report published in the register. • Foundation registry (Ministry of Justice), digitalized financial documents. • Quality stamp for the corporate foundations.
Tax benefits 5% for corporation 10% for individuals No income or donation tax for organization or individual CF Tax benefits
Role and position of the corporate foundations • Image improving from marketing to important player • Good sign and image for the company • Active in employee engagement • Excepted by the foundation community • Important player in some challenging areas
OKD Foundation www.okd.cz Grantmaking, endowed foundation Innovation – EU applications of NGOs
Dilemas More with less …… New & creative Solutions …. Balancing CSR trends among mother company