The local endowment fund against poverty collects voluntary contributions from businesses, representing up to 2% of their net income, and allocates them to fund local projects to alleviate poverty among young people.
In participating, each business undertakes to support one or more local projects of its choice for a period of three years.
“I would encourage all local authorities to take part in this initiative, which is the only one with a long-term impact and that actually works”
Marine Jeantet, Interministerial delegate for the prevention of and fight against poverty.
How does the local fund work ?
The local fund was created in response to the two following issues:
–there are insufficient resources to scale up high-impact community projects in favor of underprivileged youth and roll them out comprehensively;
-despite wanting to get involved in humanitarian projects, only 1.6% of companies actually sponsor such initiatives, often due to a lack of resources and in-house expertise in the matter.
The local endowment fund against poverty addresses these two issues in just 4 steps.
ASSESSING
needs by region
Prioritising action for maximum impact
Identifying
local projects
Selecting turnkey projects using several key criteria: how acute the need is, the efficiency of the solution, the scalability of the solution, and how established the organisation is
RALLYING
local businesses
Each business commits to support one or more local projects for three years
MONITORING PROGRESS
of each projects
Participating businesses are provided with half-yearly progress reports
Nationwide rollout of the local funds
After conducting three successful pilot projects in Nantes, Romans-sur-Isère and Béthune, which raised more than €1 million to finance over 20 initiatives and assist 10,000 young people in need, the Break Poverty Foundation is currently extending the local funds with the aim of providing aid across 50 regions to 100,000 beneficiaries by 2022.
To do this, we assist local stakeholders (local authorities, regional foundations and employer networks) set up the project, from A to Z and at no charge!
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Marseille – Marseille Solutions
- 21 rue Grignan, 13006 Marseille
Marseille – Marseille solutions
- 21 rue Grignan, 13 006 Marseille
Puy-en-Velay – Club Face
- 78 B Av. Maréchal Foch, 43000 Le puy en velay
Rillieux-La-Pape – La Maison de l’Apprendre
- 50 D rue Etienne Richerand, 69003 Lyon
Montbéliard – IDEIS
Centre des alliés, 25200 Montbéliard
Joué-Les-Tours – Mairie de Joué-Les-Tours
Parvis Raymond-Lory, 37301 Joué-Les-Tours
Maubeuge – Efficience solidaire et créative
- 5 rue de l'Intendance, 59600 Maubeuge
Tourcoing – ESSTEAM
- 62 Av. Kennedy, 59 200 Tourcoing
Communauté de Communes du Pays du Coquelicot Conseil départemental de la Somme
- 43 rue de la République, 80 000 Amiens
Romans-sur-Isère – Break Poverty Foundation
- 81 Rue de Lille, 75007 Paris
Vaulx-en-Velin – La Maison de l’Apprendre
- 14 rue Crépet, 69007, Lyon
Saint Etienne Ronalpia
- 7 Rue Jean-Marie Leclair, 69009 Lyon
Bordeaux Métropole – Bordeaux Mécènes Solidaires
- 29 Rue du Mirail, 33000 Bordeaux
Nantes – Break Poverty Foundation
- 81 Rue de Lille, 75007 Paris
Sablé-sur-Sarthe, Conseil départemental de la Sarthe
- Place Aristide Briand, 72000 Le Mans
Angers
- Boulevard de la Résistance et de la Déportation, 49000 Angers
Ville de Lorient – C2SOL
- 65 Rue Beauvais, 56100 Lorient
Melun Val de Seine, Cité de l’emploi
- 297 Rue Rousseau Vaudran, 77190 Dammarie-les-lys
Cambrai – Mairie de Cambrai
- 2 rue de Nice, 59400 Cambrai
Communauté d’Agglomération de la Baie de Somme – Conseil Départemental de la Somme
- 43 Rue de la République, 80000 Amiens
Calais, Mairie De Calais
- Place du soldat Inconnu, 62100 Calais
Amiens & Métropole – Conseil départemental de la somme
- 43 Rue de la République 80000, Amiens
Romans-sur-Isère – Mairie de Romans-sur-Isère
- 6 projets soutenus
- 1 000 jeunes accompagnés
- 15 entreprises mobilisées
Béthune – Break Poverty Foundation
- 4 projets soutenus
- 1 000 jeunes accompagnés
- 8 entreprises mobilisées
Advocators of the local endowment fund against poverty :
Crédit photo : Andrew Ibrahim, Unsplash.