Philanthropic Fund Management

A Philanthropic Fund is a way of using SITAWI’s expertise to make your social, environmental or philanthropic initiatives more relevant and efficient.
Advantages
  • Insights from SITAWI’s track record in supporting impact businesses and social organizations
  • Highly tailor-made solutions
  • Commitment to transparency
  • Certification as OSCIP

Philanthropic Funds management allows funding to support social and environmental causes in a flexible and efficient way, raising the volume of capital available for social impact from both the companies and philanthropic families.

In the first case, one can note the increasing number of companies looking for synergies between business success and their social and environmental legacy. However, both those who have already implemented social initiatives and those who intend to begin social programs, face a series of challenges in designing, implementing and financially controlling their impact strategies.

In the case of families, many already have the wish to act on the social sector in a relevant way, but this process is often too complex and time-consuming. In order to maximize their social impact, families would need to dedicate a lot of time to meet funding requests that go beyond their expertise.

Therefore, in accordance with our mission and over the course of our history, we have managed 10 Philanthropy Funds that have together summed R$ 6,7 million under management. Sometimes, we have helped manage funding flows and provided advice, as well as other levels of support, such as Strategy and Governance, Operations or Financial. Learn more about each active fund!

Fundos_Filantropicos2

How do philanthropic funds managed by SITAWI create social or environmental impact?
Each fund has set targets of the social or environmental impact it is willing to generate, which are agreed between the founder and SITAWI. Th categories involves:
Loans
Donations
Projects Expenses Payment
Loans at below-market interest rates to social and/or environmental enterprises. As capital is repaid to SITAWI, new loans can be made reaching new projects and beneficiaries. The outcome is the efficient use of money and a significant multiplier effect.Donations to nonprofit supporting social causes aligned with each fund’s objectives. The organizations receiving awards can be defined on creating a fund or after it has begun operating.Payments for products or services so the fund can achieve its socioenvironmental objectives.
SouMinasGerais
Funded by ticket sales (R$ 300 mil) at the SouMinasGerais concert, which took place in São Paulo and Belo Horizonte and brought together Caetano Veloso, Criolo, Milton Nascimento, JotaQuest, Maria Gadu and many other Brazilian musicians to support families who were victims of a dam collapse in Mariana, Minas Gerais.
Dá Pégestao-dape
The production company Pindorama Filmes in partnership with SOS Mata Atlântica raised R$ 400,000 on a crowdfunding campaign in 2015 to reforest the banks of Una River, an important tributary of the Paraiba do Sul River that supplies water to Rio de Janeiro, São Paulo and Minas Gerais.
Social and Environmental Loan Fundgestao-fundo2
A fund made up of SITAWI’s own resources and aimed at supporting impact businesses through social and environmental loans. It offers a financing at below-market interest rates, equal to the Central Bank base rate.
Family Cgestao-familia
The concept of philanthropy is less developed in Brazil than in other countries, such as the USA, where philanthropic support to the social sector is 30 times greater than in Brazil. New emerging trends and “pioneer” philanthropists are changing the current scenario and changing philanthropy in Brazil, so it can grow. Family C wanted to support the social and environmental development of Brazil sustainably and found the concept of social entrepreneurship a powerful tool to create long-term change.
+Unidos – USAID
Created in 2006, the +Unidos Group is a partnership between the United States Agency for International Development (USAID) and 20 US corporations comprised of 3M, Alcoa, Boeing, Cargill, Chevron, Citi, Cummins, Dow Chemical, GE, HP, IBM, Intel, Ipaper, KPMG, Microsoft, Motorola Mobility, Motorola, P&G, Qualcomm and Walmart. It aims to benefit Brazilian society through educational and environmental initiatives.
BMW Foundationgestao-bmw
In order to kick-start its activities in Brazil, BMW Foundation decided to launch a philanthropic fund in partnership with SITAWI. The German institution aims to promote cross-sector dialogues for the common good and developing social innovation
Social Fund FEM Innovationgestao-fundo
Support for the launch of the international initiative, Gendered Innovation Accelerator (GIA) in Brazil. The project aims to invest in the redefinition of the Information and Communication Technology sector, supporting innovation with gender lens. In addition to correct gender inequality among software programmers, who are 85% male, FEM Innovation aims to contribute to establishing a new mindset and new opportunities in the ICT field.
Brazil Crowdfunding Challengegestao-desafio
The Challenge was created to promote the largest social crowdfunding campaign in the history of Brazil. With more than 115 projects submitted, the challenge had 5 finalists. Acãochego won a popular vote and was awarded R$ 50,000 and the benefit of receiving consulting services from the 3 participating platforms – Benfeitoria, Doare e juntos.com.vc – to raise R$500,000 in a crowdfunding campaign. The Challenge’s success drew the attention of many organizations and donors to online giving, becoming an doorway for anyone wishing to engage with the sector.
Ellen MacArthur Foundationgestao-ellen
The Ellen Macarthur Foundation (EMF) is a British foundation that aims to inspire our generation to rethink, redesign and build a positive future through a restorative circular economy. To do so, the foundation has launched the CE100 Programme, a pre-competitive program designed to help organization develop new opportunities and achieve their goals in the circular economy shortly. The program brings corporations, governments and cities, academic institutions, emerging innovators and affiliates in a single multi-stakeholders platform. In 2015, EMF launched its first satellite in Brazil for the global program and created a fund jointly with SITAWI for the financial management of the program in Brazil.
And how do the resources make a social and/or environmental impact?
  • Loan advantages:
  • Interest Rates appropriate for the social sector
  • Greater agility in loan disbursement
  • Strategic advice
  • Opportunity to increase the organization’s social impact
  • Criteria:
  • Clear and recognized social impact
  • Source of income generation with in the impact business