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on the map Social Responsibility and Private Sector Sustainable Development Programinvestment Family and Business Foundationsmore than $1.18 billion last year, or about $260 million.
This is from a report Association of Family and Corporate Foundations (AFE)which brings together 85 of the country’s most important charitable organizations, where the impact of private partnerships on disadvantaged communities and different social sectors is evident.
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In general, these institutions belong to AFE Last year they developed more than 800 projects covering 32 sectors across the country.
money
In itself, The number of people directly served reached 6.4 million, and the number of people indirectly served increased by 11.5.
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Aura Lucía Lloreda, Executive Director of AFE, said:Family and business foundations have demonstrated their ability to leverage and execute private partnerships to advance shared prosperity in Colombia”.
The board added that “These organizations have been working in these territories for decades in a clear way with the people they serve, governments, companies and international cooperation, contributing to overcoming the social challenges faced by vulnerable communities.”.
Work area
It should be pointed out that 30.8% of these organizations’ private sector cooperation resources were invested in education-related projectsbecoming the focus of most AFE-related organizations (66).
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In the field of education, these entities work on the following areas: Access, quality, infrastructure, scholarships, school coexistence, strengthening institutional capacity, learning processes, and technology and innovation.
The second is the education industry Health Project (25.4 %) Yes Revenue generation （12.8%）.
educate
35 organizations work in the first category and another 59 work in the second category. Other areas of focus of these charities are related to these areas. Habitat, environment and sustainability; culture, recreation and sports, rural development, democracy and participation.
From the perspective of project geographical distribution, most projects are located in this area. peaceful (264), followed by Caribbean Sea (225) These regions, in turn, present the highest multidimensional poverty rates calculated by the Danes.
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“For AFE, shared prosperity is a broad concept that includes the generation of social wealth that must leverage specific and multifaceted efforts to address inequalities and disparities in the country.“Loreda explained.
“In this sense, and in light of these results, we believe that building a more equitable, inclusive and sustainable country is possible, starting with articulating and promoting the foundations of family and enterprise.” he concluded.
Constanza Gomez Guasca
Portfolio Reporter
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