A foundation recognised as of public utility
The ESCP Foundation Created was created on the initiative of former students and gained the status of a non-profit organisation on 18 March 2012.
It calls for donations from companies, foundations and individuals to support the goals and academic excellence of ESCP Business School in 4 strategic areas:
Our History
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Creation of the Foundation
The origins of the ESCP Foundation date back to 2005, when several alumni worked together to raise funds to support their School. This practice, common in Anglo-Saxon countries, was not yet widespread in France. The ESCP Europe Foundation was created under the auspices of the Fondation de France and Alexandre Pébereau (87) became its first Executive Chairman.
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The birth of its non-profit status (FRUP)
The Foundation has gradually made a name for itself in the alumni and corporate communities.Having raised almost €1M a year for Equal Opportunities, it became independent and obtained non-profit status in March 2012. The Founders' Committee ensures that the ESCP Europe Foundation has sufficient capital. Its first Chairman was Patrick Gounelle (72), who was succeeded in 2016 by Christian Mouillon (77). The generosity of donors increases every year, enabling the Foundation to support ever more initiatives to promote equal opportunities, academic excellence and educational innovation.
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The Foundation's First Fundraising Gala
The ESCP Foundation reached a new milestone in its history by organising its first fundraising Gala in London in 2018 during which it raised €250,000 for equal opportunities and inclusion in a single evening. In the same year, it launched a bank guarantee fund to support student loan applicants.
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ESCP Bicentenary and rebranding
The Foundation raised a record €4.6M for the School's bicentenary. This success was furthered by the announcement of an exceptional donation of €1M from Francis-Charles Lang-Amiot (54), who became the Foundation's first Major Donor, paving the way for future large donations.
The ESCP Europe Foundation became the ESCP Business School Foundation, following the School's rebranding. -
Solidarity in the face of a crisis: The ESCP Foundation and the Covid-19 Solidarity Fund
The year 2020, marked by the Covid-19 crisis, was particularly difficult for many students across the School's 6 campuses. Faced with such difficult circumstances, the Foundation launched a Covid-19 solidarity fund for two consecutive years on the initiative of Alexandre Pébereau (87). Each donation was generously matched by his company, TOFANE GLOBAL. This Covid-19 fund has continued, becoming the Solidarity Fund to support students in the event of a systemic crisis (war, epidemics, etc.).
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The Foundation celebrates a decade of commitment
The ESCP Foundation celebrated its 10th anniversary as a non-profit foundation, amassing over €24M in donations and pledges, and launches its Circle of Donors.
Our Governance
The governance and operating bodies of the ESCP Business School Foundation guarantee its rigorous and transparent management. The Foundation is overseen by 3 bodies : the Founders' Committee, the Board of Directors and the Executive Committee .
The Board of Directors :
The Board of Directors comprises12 members divided into 3 categories. It takes decisions on the Foundation's action programme, approves budgets based on proposals from the Executive Committee and specialist committees and approves the annual accounts.
The Executive Committee :
The Executive Committee is responsible for implementing the decisions of the Board of Directors and for the day-to-day management of the Foundation.
Specialist Committees :
In the interests of transparency and efficiency, the ESCP Foundation Board of Directors relies on specialised committees to implement its strategy and assist in achieving its goals :
- An investment committee
- An equal opportunities committee
- An appointments, evaluation and ethics committee
Depending on the Foundation's needs, new specialist committees may be set up.
These committees are consultative bodies that may be simply composed of Board members, or may include external people selected for their knowledge in a specific field.
Investment Committee
The purpose of the Investment Committee is to make recommendations on the Foundation's investment strategy and advise it on its asset allocation choices.
President :
Members :
Equal Opportunities and Inclusion Committee
The purpose of the Equal Opportunities & Inclusion Committee is to make recommendations and advise the ESCP Foundation on the funding of Equal Opportunities & Inclusion projects.
Members :
Qualified Guests School :
Foundation :
The Nominations, Evaluation and Ethics Committee
The role of the Committee is to :
- Assist the Board of Directors in the selection of future directors.
- Assist and inform the Chairman of the Board who ensures that the principles of corporate governance are properly applied, and in particular that decisions are transparent.
- Implement and organise the evaluation of the Board of Directors and its members, with particular reference to its competence, operations and organisation.
- Assess the risks involved in collecting donations, particularly international donations.
Members
Founders' Committee :
The Founders' Committee provides support and advice to the Foundation's Board of Directors. It comprises the initial founders of the non-profit Foundation and Founders 24, 4 of whose members sit on the Foundation's Board of Directors, as part of the College of Founders.