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Corporate Foundations

Pavlína Kalousová

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Czech Donors ForumConsultancy 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.

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Trends after the crises

•Closed links to the business

•Corporate foundations

•Employee engagement

•Products and CSR

•Comming back to community From GREEN only

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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).

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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

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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.

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ResourcesFinancial 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

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TOP corporate foundations

Nadace ČEZ 187 907 611Nadace OKD 62 114 000Nadace České spořitelny 26 413 281Nadační fond J&T 25 405 000Nadace O2 14 736 000Nadace Vodafone 11 912 000Nadace Preciosa 9 487 689Nadace Komerční banky 7 335 000Nadační fond Dalkia ČR 7 012 000

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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.

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Tax benefits

CF

5% for corporation

10% for individuals

No income or donation tax for organization or individual

Tax benefits

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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

Social action at O2 Foundations

www.okd.cz

OKD Foundation

• Grantmaking, endowed foundation

• Innovation – EU applications of NGOs

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DilemasMore with less……New & creative Solutions….Balancing CSR trends among mother company

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kalousova@donorsforum.cz