Launched in 2011, the CVC Foundation has a network-wide philanthropy programme, called CVC and the Community, which aims to make a positive contribution to society and help the lives and prospects of disadvantaged people particularly children and young people in the communities where we and our portfolio companies are active.
Opportunity for all
CVC and the Community supports organisations working with people affected by poverty, a lack of quality education, unemployment, racial and/or gender inequality, as well as poor physical or mental health. It focuses on three areas where CVC's donations, skills and knowledge can make the most impact: education, employability and enterprise.
Introduction to the CVC Foundation
The programme has developed many active partnerships with not-for-profit organisations, venture philanthropy groups and social enterprises across its global network. Through these relationships, CVC provides a package of support that typically includes funding, pro bono expertise, employee volunteering and access to the wider CVC network.
Working with portfolio companies
The CVC Foundation has a long history of working with its portfolio companies on community programmes. This is an important pillar of our philanthropic work as it leverages the foundation's charitable efforts, while mobilising our resources to reach more communities and create a legacy of philanthropy with companies that lasts well beyond CVC's funds' period of ownership.
Making a real difference
CVC's focused philanthropic efforts have a real impact. The international CVC Young Innovator Awards were established in 2015 and, so far, we have awarded €1.4 million of grants to 96 entrepreneurs in the UK, USA, Spain, France, Poland, Brussels, Hong Kong, San Francisco and São Paulo to help create the business and social enterprises of the future.
CVC's employees are also philanthropically motivated and active in their local communities. They get involved in a number of ways: making donations, volunteering their time, providing pro bono advice, serving as board members of CVC-supported charities and through fundraising events.
At the same time on any one day you might find CVC people helping a child with their maths and reading, building up a young person's confidence, or running a CV writing workshop – all focused on giving the next generation a step up.