ENDOWMENT

The Endowment is permanent capital fund that seeks to give solidity and continuity over time to the activities of the Foundation. It allows to undertake future projects, in many cases of an innovative and long-term nature, by providing a stable source of income that can be devoted to strategic projects. The Endowment grows mainly through new donations.

The Endowment is managed so that future generations will have at least the same capacity for action as the present generation (intergenerational equity). To this end, part of the profit (interest, dividends, capital gains, etc.) is reinvested back into the fund itself, so that purchasing power is not lost due to the effects of inflation. Therefore the impact of a donation is permanent.

The IESE Endowment is committed to the principles of socially responsible investment, and seeks to invest in funds or initiatives that promote environmental care, social responsibility, and ethical governance practices.

 

DOWNLOAD THE ENDOWMENT MANAGEMENT REPORT