anglo american group foundation - the role of a corporate foundation in a responsible business

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The role of a corporate foundation in creating a responsible business

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At a recent event held by the Charities Aid Foundation, Charlotte Edgeworth from The Anglo American Group Foundation shared her experiences of managing a foundation which has been running for eight years – one which is ‘in it’s questioning teenage years’.

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Page 1: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

The role of a corporate foundation

in creating a responsible business

Page 2: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

ANGLO AMERICAN GROUP FOUNDATIONCAF Corporate Foundations Event

Page 3: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

3

• Established 2005 as a registered UK charity

• 7 trustees, 1 of whom is external to the company

• Two part time staff members, Anglo American employees who work on the Foundation plus other

areas

• Budget set by company annually (transferred monthly and can roll over to next year)

• Grants made globally to areas of business interest (except South Africa)

• One of many funds and foundations around the Group

• AAGF budget between £1million and £2million per annum (Anglo American Total Social Investment

$154 million in 2012)

• Grants range from £15k one off to £500k over 3 years

• Wide variety of thematic areas with an emphasis upon education and health.

AAGF BEGINNINGS

Page 4: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

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• Trustee engagement – senior execs, only meet 4 times per year

• Employee engagement

• Drawing the line between Company and Foundation (whilst also keeping relevant to Company

interests)

• Grant making systems

• Publicity

• Reporting

• Not the only vehicle for social investment in the company – how to differentiate and add value

• Do meaningful programmes require increased budgets?

• Dependency (of grantees)

CHALLENGES

Page 5: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

5

Page 6: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

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• £3,917,328 granted to around 49 projects (average £80k per project) over the past three years

• Structure and processes embedded – from application through approval to relationship management

and reporting

• ‘enablon’ system in place for social KPIs

• Multi-year agreements formed. Deeper understanding of beneficiary needs and achievement of

partnerships rather than just grant making

• Greater knowledge sharing with other funds across the Group towards a more coherent approach and

best practice dissemination

• Working with other functions, such as Business Development and Exploration. Building relationships

with Business Units for in-country support

• Good balance between funding tried and tested delivery models and more innovative projects

• Greater communications presence - press releases, web content, internal stories

AAGF IN REVIEW 2010-2012

Page 7: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

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CATEGORIES OF SPEND 2010-2012

£3.9 million total

34%

23%

12%

10%

6%

6%

4%2%

2% 1% 1%Education and training:

Health and welfare:

Community development – other:

Community development – enterprise development and micro-credit :

Capacity Development:

Water and sanitation:

Community development – housing:

Employee matched funding:

Disaster and emergency relief :

Other social investment or charitable giving:

Operating Costs:

Community development – alternative livelihoods:

Environment:

Energy and climate change :

Sport, arts, culture and heritage:

Page 8: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

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AAGF PROJECTS 2010-2012 LOCATED IN:

BrazilChile

China Colombia

DRCGuineaIndia

LesothoMozambique

PeruUK

Zimbabwe

Page 9: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

CHILDREN OF THE ANDES

COLOMBIA

Page 10: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

ROYAL ACADEMY OF ENGINEERING

SOUTHERN AFRICA

Page 11: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

BODY AND SOUL

LONDON

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• 29 partner organisations currently delivering AAGF funded projects

• Opportunity for programmatic rather than project funding (eg water, youth unemployment, gender,

capacity building)

• Systems – deeper analysis of output data from enablon and possible option to build funding and

reporting cycle into MS Project

• Communications – content generation for AA website, Guardian hub, social media and internal

channels plus pilot new events such as lunchtime talks

• Employee engagement in UK with an emphasis on skills development. Option to link into AAGF

partners and include De Beers colleagues

• Devolve London funding and CHT events to a staff committee.

• Beyond 2013…

AAGF IN 2013

Page 13: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

THANK YOU

Page 14: Anglo American Group Foundation - the role of a corporate foundation in a responsible business

Find out how Charities Aid Foundation can help your CSR programmehttps://www.cafonline.org/giving-as-a-company.aspx

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