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How does the Foundation work?
Foundation Funding
Avenir Finance Foudation has two main sources of financing:
- benefit-sharing funds, conceived and distributed within the group.
It is our conviction that combining financial performance with solidarity is possible. We aim
at incorporating, in each of our line of work, solidarity products and services with a minimum cost
for the client and an unconditional involvement of the company.
- donations
Organisation
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Avenir Finance Foundation was founded in July 2005,
placed under the aegis of the "Institut de France".
Its Board of Trustees is composed of six trustees,
three of whom are members of the Institut de France.
The Board gathers twice a year so as to select new projects
and to follow the supported initiatives.
An operational team of six persons from Avenir Finance staff prepares the meetings of the Board.
This team also works in close collaboration with the associations
and carries out the daily administration of the Foundation.
Follow-up of projects
The Foundation guarantees to investors and donors a regular follow-up of the financed projects
and a presentation of the annual financial balance sheet.
Budget as per December the 10th 2007
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Administrators
Gabriel de Broglie
Chancellor of the "Institut de France"
Jean Salençon
President of the Academy of Science
Ghislain de Marsily
of the Academy of Science
Danyel Blain
Chairman and Managing Director
Joelle Blain
Delegated Managing Director
Gregory Blain
Consultant
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