1 / 11

«BB XXI th Century Young Adult Fund »

Capital endowment for Social investment. «BB XXI th Century Young Adult Fund ». Diagnosis. Fund raisings are organisationally challenging long to setup slow to roll-out Funds raised are immediately spent; thus serving their useful purpose once

prentice
Download Presentation

«BB XXI th Century Young Adult Fund »

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Capital endowment for Social investment «BB XXIth Century Young AdultFund »

  2. Diagnosis Fund raisings are organisationally challenging long to setup slow to roll-out Funds raised are immediately spent; thus serving their useful purpose once Donors may feel « charity fatigue » after successive fund raising campaigns A creative alternative exists !

  3. Solution : BB XXIth Century Fund The Fund accumulates donations which are invested On Treasury-type financial vehicules So as to generate interest/dividend income The INCOME is spent on social causes/projets Accumulation process is regular & longterm Allocation is granted according to pre-determined objectives & strict rules

  4. Accumulation process Revenue sources : Recreational, leisure, cultural activites Events such as diners, conférence, parties Shares & bonds from companies A 5-year initial accumulation periode First objective : 100 000€ From 2008 - 2013 20 000€ / year 2 000€ / country / yr (10 countries partaking)‏

  5. Key success factors Out of the ordinary events & activites Impeccable organisational standards To-the-point communcation strategy, stressing the objectives & means Fund management through governance, transparency and traceability Tax credit certificate (if it applies)‏

  6. Legal issues Under what status should it be created ? A new foundation ? Within an existing foundation ? How best manage the Fund's operations ? Through a General Assembly ? Through a Board ? Where to domicile the fund ? How much does it cost to setup ?

  7. Fund's wealth management Requirements for the financial partner Possess a real competence in the field Display a proven track record performance Provide an efficient legal framework Grant favourable management fee schedule Supply regular, understandable information

  8. Financial simulation

  9. Beneficiaries Two options : Forward funds to Lodge(s) in Israel Allocate funds yearly to a specific project Allocation criteria On the basis of needs/priority (social / cultural / political / religious / Israel)‏ Either transfer funds or purchase material on behalf of beneficiairies Always aim for long term leveraged effects

  10. People needed ! A representative needed per country Share knowledge amongst ourselves Legal Fiscal Communications, marketing, fund raisins Foster inter-generational cooperation Apply highest standards of management

  11. Where to start Mail address : bbprofin@gmail.com Contact person : Michael Grynberg Ben Gourion (Paris, France)‏ +33 (0)1 40 25 00 35 +33 (0)6 50 02 74 53

More Related