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The SIFCA Foundation was launched in December 13, 2014. Located in the Banco National Park, Cote d'Ivoire is the corporate foundation of the SIFCA Group and its affiliates.
MISSION
MISSION
The SIFCA Foundation contributes to:
- Preventing a rural exodus
- Improving the quality of life in rural communities, with a particular focus on women and children
- Protecting the enviroment and promoting biodiversity
LESSONS LEARNT
LESSONS LEARNT
- Creating a separate legal entity for philanthropy provides clarity to a company's board, subsidiaries, employees and the wider community
- A corporate foundation could focus on what the parent company does well: in SIFCA's case, rolling out educational programmes and protecting the environment in rural communities
- A Foundation can be launched even with limited resources. This provides a source of discipline and an incentive to create maximum impact. One way of allowing this is to encourage the involvement of other community actors on a project level: for example, including parents and the better-off in the surrounding community.
CASE STUDY
CASE STUDY
Here is the SIFCA Foundation case study. Click on the upper right button to open the PDF file in a new window and see options to print, download, or share it.
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