Prudential management towards a long-term plan of action
Fondation FondaMental received an initial grant of €5.5 million. The Foundation aims to collect funds privately to ensure funding of its projects and the durability of its activities. In order to maximize the preservation of the initial endowment Fondation FondaMental favours a reserves policy.
A year of strong expansion
2011 constitutes a watershed in Fondation FondaMental wich is characterised by an extensive expansion of its financial resources.Trust and generosity of donors, testators, but also the public and private partners have made this expansion possible.
The 2011 accounts of Fondation FondaMental were certified by Pricewaterhouse Coopers Audit, represented by Mr Francis Chartier.